Limbach Q2 Revenue Up 21.9% to $173.5M; Net Income Down 38.8%

Limbach Holdings, Inc. reported a significant increase in Q2 2026 revenue, rising 21.9% to $173.5 million, and a 13.4% increase year-to-date to $312.3 million. However, net income for Q2 decreased by 38.8% to $4.7 million, and year-to-date net income fell by 49.2% to $9.1 million. The company's operating cash flow for the six months ended June 30, 2026, improved substantially to $10.9 million from $4.2 million in the prior year. The Pioneer Power acquisition, finalized during the quarter, contributed to revenue growth but operated at a lower gross margin.