Watsco, Inc. (WSO)
The company now
Watsco reported third-quarter 2026 revenue up 7 percent to a record $2.22 billion on 27 October 2026 1. Operating income fell 4 percent to $225 million, and earnings per share were $3.77 1.
Gross margin, the share of sales left after the cost of the goods, was 26.4 percent against 27.5 percent a year earlier 1. The company tied that to its mix of customers and markets and to smaller manufacturer price increases in 2026 than in 2025 1.
Jackson Supply was acquired in June 2026 and The Granite Group in October 2026, and the company says they added 107 locations and $730 million in annualized revenue 1. Jackson contributed $78 million of third-quarter sales 1.
On 21 October 2026 Watsco also signed a five-year, $750 million unsecured credit facility that replaces a $600 million one 2. Demand for heating equipment is usually highest in the first and fourth quarters, and the new network will be tested through that season 3.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.