Enterprise DNA
Building and running data centres Supplier to the AI builders

Comfort Systems USA

Mechanical and electrical contractor that installs heating, cooling and power systems in data centres.

Revenue
Revenue of about $3.3B in Q2 2026 (quarter to 30 June 2026)
Growth
Backlog of $14.06B at 30 June 2026, up from $8.12B a year earlier
Based in
Houston, US
Founded
1997
Listed
Public (FIX)
Why it is winning

Its backlog has grown fast, and the company reports no slowdown from major data centre customers.

The risk to watch

Public opposition and possible state moratoriums on data centres, especially in New York, could slow future projects.

Money coming in

Who pays Comfort Systems USA, and for what.

No customers of Comfort Systems USA mapped yet.

Money going out

Who Comfort Systems USA pays to do what it does.

No suppliers of Comfort Systems USA mapped yet.

Where it sits on the map

Competitors and neighbours

Nebius
NBIS Supplier

GPU cloud that builds its own data centre campuses and rents capacity to Microsoft and Meta.

Up to 1.2 GW campus under way in Missouri

Open profile
Equinix
EQIX

Operates data centres that link cloud and network providers, and leases whole campuses through xScale.

Revenue of $2.63B in Q2 2026 (quarter to 30 June 2026)

Open profile
QTS Data Centers
Supplier

US data centre operator owned by Blackstone, and one of the largest in the country.

Blackstone bought QTS for about $10B in 2021

Open profile
Aligned Data Centers

Data centre developer with 51 campuses in the US, Latin America and Chile.

About $40B enterprise value (deal closed 21 July 2026)

Open profile
Eaton
ETN Supplier

Makes switchgear, transformers and power distribution equipment that sit between the grid and the server hall.

Record revenue of $8.5B in Q2 2026 (quarter to 30 June 2026)

Open profile
Quanta Services
PWR Supplier

Builds the transmission lines, substations and power connections that bring new electricity to data centres.

Revenue of about $9.6B in Q2 2026 (quarter to 30 June 2026)

Open profile
Schneider Electric
SU Supplier

Makes power, cooling and control equipment for data centres and grids.

H1 2026 revenue of EUR 21.2B (six months to June 2026)

Open profile
Digital Realty
DLR

Owns and leases large data centre buildings to cloud and AI companies.

Record $1.9B of signed rent waiting to start

Open profile
EMCOR
EME Supplier

Electrical and mechanical contractor that builds and fits out data centres and other large buildings.

Revenue of about $5.15B in Q2 2026 (quarter to 30 June 2026)

Open profile

Sources: businesswire.com

The map updates three times a week.

241 companies across 25 areas, 62 money flows and 89 openings so far. New research lands every Tuesday, Thursday and Saturday.

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