Limbach Holdings, Inc. (LMB) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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LMB Revenue Growth
Revenue Breakdown (FY 2025)
LMB's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
LMB Revenue Analysis (2014–2025)
As of May 8, 2026, Limbach Holdings, Inc. (LMB) generated trailing twelve-month (TTM) revenue of $652.6 million, reflecting modest growth of +4.3% year-over-year. The most recent quarter (Q1 2026) recorded $138.9 million in revenue, down 25.7% sequentially.
Looking at the longer-term picture, LMB's 5-year compound annual growth rate (CAGR) stands at +2.6%, indicating moderate growth over time. The company achieved its highest annual revenue of $646.8 million in 2025, representing a new all-time high.
Revenue diversification analysis shows LMB's business is primarily driven by Owner Direct Relationships Segment (75%), and General Contractor (Construction Manager) Relationships Segment (25%). With over half of revenue concentrated in Owner Direct Relationships Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including CSTE (-10.4% YoY), MYRG (+13.1% YoY), and IESC (+16.5% YoY), LMB has underperformed the peer group in terms of revenue growth. Compare LMB vs CSTE →
LMB Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LMBCurrent | $653M | +4.3% | +2.6% | 7.6% | |
 CSTE | $397M | -10.4% | -4.0% | -12.9% | |
 MYRG | $3.7B | +13.1% | +10.2% | 4.4% | |
 IESC | $3.4B | +16.5% | +23.1% | 11.4% | |
 KFRC | $1.3B | -3.9% | -1.0% | 3.8% | |
 TTEK | $5.4B | +7.9% | +18.3% | 11.1% |
LMB Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $646.8M | +24.7% | $169.3M | 26.2% | $49.5M | 7.6% |
| 2024 | $518.8M | +0.5% | $144.3M | 27.8% | $38.6M | 7.4% |
| 2023 | $516.4M | +3.9% | $119.3M | 23.1% | $29.3M | 5.7% |
| 2022 | $496.8M | +1.3% | $93.7M | 18.9% | $12.0M | 2.4% |
| 2021 | $490.4M | -13.7% | $85.9M | 17.5% | $14.0M | 2.9% |
| 2020 | $568.2M | +2.7% | $81.4M | 14.3% | $17.2M | 3.0% |
| 2019 | $553.3M | +1.2% | $71.9M | 13.0% | $8.1M | 1.5% |
| 2018 | $546.5M | +12.5% | $59.4M | 10.9% | $1.1M | 0.2% |
| 2017 | $485.7M | +8.7% | $65.6M | 13.5% | $6.0M | 1.2% |
| 2016 | $447.0M | +34.9% | $52.6M | 11.8% | $-443,000,000 | -99.1% |
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Start ComparisonLMB — Frequently Asked Questions
Quick answers to the most common questions about buying LMB stock.
Is LMB's revenue growth accelerating or slowing?
LMB revenue growth slowed to +4.3%, below the 5-year CAGR of +2.6%. TTM revenue is $653M. The deceleration marks a shift from historical growth rates.
What is LMB's long-term revenue growth rate?
Limbach Holdings, Inc.'s 5-year revenue CAGR of +2.6% reflects the variable expansion pattern. Current YoY growth of +4.3% is near this long-term average.
How is LMB's revenue distributed by segment?
LMB reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.