EMCOR Reports Strong Q3 2026 Results Driven by Data Center Demand
EMCOR (EME) reported robust third-quarter 2026 financial results, highlighted by a 28.8% increase in revenue to $5.54 billion. The growth was primarily fueled by massive demand in the data center sector, particularly within electrical construction and mechanical cooling projects. Remaining Performance Obligations (RPO) surged 47% to $18.57 billion, with data center-specific RPO more than doubling year-over-year. Reflecting this strong momentum, the company raised its full-year 2026 revenue guidance to a range of $20.6 billion to $21.0 billion and increased its non-GAAP diluted EPS guidance to between $34.50 and $35.50. Additionally, the board authorized a new $500 million share repurchase program, signaling confidence in long-term cash flow generation.
Topics: Data Center Demand EPS Operating Margin Remaining Performance Obligations Revenue Growth