macro

FIX backlog hits record $17.8B as revenue jumps 54% in third quarter

FIX posted Q3 revenue up 54% YoY to $3.8B and EPS of $13.91, with a record $17.8B backlog and management expecting robust 2026-27 growth.

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what happened

According to TradingView, FIX's third-quarter revenue rose 54% year over year to $3.8B. Earnings per share reached $13.91, while the backlog climbed to a record $17.8B.

Management expects robust growth through 2026-27, pointing to labor capacity and project mix as the key considerations.

why it matters

For investors, the order book matters for future periods: a record backlog improves visibility on near-term revenue, but much depends on whether the company can staff its projects in time.

market impact

FIX shares and building contractors: record backlog supports revenue expectations across the sector

tags

instruments

FIXS&P 500

sources

  1. FIX: Record $17.8B backlog and 54% revenue growth fuel strong 2026-27 outlook — TradingView, 23 October 2026 at 17:22 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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