Limbach, a building systems solutions firm focused on mission-critical mechanical, electrical, plumbing and controls (MEPC) systems, reported Q4 2025 revenue of USD 186.9 million, up 30.1%, with net income of USD 12.3 million and diluted EPS of USD 1.02. Adjusted EBITDA was USD 27.2 million, up 30.8%, and adjusted net income was USD 16.9 million (adjusted diluted EPS: USD 1.40). Owner Direct Relationships (ODR) revenue rose to USD 145.0 million (+51.8%) and represented 77.6% of total Q4 revenue; ODR organic revenue growth was 23.9%. Limbach authorized a USD 50 million share repurchase program. For FY 2025, Limbach posted revenue of USD 646.8 million, up 24.7%, and net income of USD 39.1 million (diluted EPS: USD 3.23). Adjusted EBITDA increased to USD 81.8 million (+28.4%) and adjusted net income was USD 54.5 million (adjusted diluted EPS: USD 4.51). ODR revenue totaled USD 485.7 million (+40.6%), accounting for 75.1% of FY revenue, with ODR organic revenue growth of 17.0%. The company highlighted the acquisition of Pioneer Power, with management noting integration progress ahead of expectations and a focus on improving Pioneer Power’s gross margin through 2026, alongside continued investment in sales to expand national accounts in healthcare, data centers, and industrial and manufacturing. Limbach also issued FY 2026 guidance for revenue of USD 730 million to USD 760 million and adjusted EBITDA of USD 90 million to USD 94 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Limbach Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260302217525) on March 02, 2026, and is solely responsible for the information contained therein.