Limbach Holdings Inc 2026年季度报告

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36541 LIMBACH HOLDINGS, INC.(Exact name of registrant as specified in its charter) 1-412-359-2100(Registrant’s telephone number, including area code) 797 Commonwealth Drive, Warrendale, Pennsylvania 15086 (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section12(b) of the Act: Title of Each ClassTradingSymbol(s)Name of Each Exchange on Which RegisteredCommon Stock, par value $0.0001 per shareLMBThe Nasdaq Stock Market LLC Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically everyInteractive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Accelerated filer☐Smaller reporting company☐Emerging growth company☐ Large accelerated filer☒Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of May4, 2026, there were 11,921,067 shares of the registrant’s common stock, $0.0001 par value per share, outstanding. LIMBACH HOLDINGS, INC. TABLE OF CONTENTS Item 1.Financial Statements (Unaudited)1Condensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 20251Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 20252Condensed Consolidated Statement of Stockholders’ Equity for the Three Months Ended March 31, 2026 and20253Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 20254Notes to Condensed Consolidated Financial Statements5Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations25Item 3.Quantitative and Qualitative Disclosures About Market Risk39Item 4.Controls and Procedures39 Item 1.Legal Proceedings41Item 1A.Risk Factors41Item 2.Unregistered Sales of Equity Securities and Use of Proceeds41Item 3.Defaults Upon Senior Securities41Item 4.Mine Safety Disclosures41Item 5.Other Information41Item 6.Exhibits43 This Quarterly Report on Form 10-Q, including all documents incorporated by reference, contains forward-looking statementsregarding Limbach Holdings, Inc. (the “Company,” “Limbach” “we” or “our”) and represents our expectations and beliefs concerningfuture events. These forward-looking statements are intended to be covered by the safe harbor for forward-looking statements providedby the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks anduncertainties. The forward-looking statements included herein or incorporated herein by reference include or may include, but are notlimited to, (and you should read carefully) statements that are predictive in nature, depend upon or refer to future events or conditions,or use or contain words, terms, phrases, or expressions such as “achieve,” “forecast,”, “plan,” “propose,” “strategy,” “envision,”“hope,” “will,” “continue,” “potential,” “expect,” “believe,” “anticipate,” “project,” “estimate,” “predict,” “intend,” “should,” “could,”“may,” “might,” or similar words, terms, phrases or expressions or the negative of any of these terms. Any statements in this QuarterlyReport on Form 10-Q that are not based upon historical facts are forward-looking statements and represent our best judgment as towhat may occur in the future. These forward-looking statements are based on information available as of the date of this Quarterly Report on Form 10-Q and theCompany management’s current expectations, forecasts and assumptions, and involve a number of judgments, known and unknownrisks and uncertainties and other factors, many of which are outsi