Installed Building Products, Inc. reported second-quarter 2026 results with revenue of $777.8M, up 2.3% from $760.3M a year earlier, while net income declined to $64.9M and diluted EPS fell to $2.43 versus $2.52 in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$777.8M$760.3M2.3% | Net income²$64.9M$69M(5.9%) | Diluted EPS³$2.43$2.52(3.6%) |
¹ Reported as “Net revenue”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth of 2.3% was driven by a 14.1% increase in commercial sales and contributions from acquisitions.
- Installation jobs in the single-family channel declined, while commercial and Other (Distribution/Manufacturing) segments gained share.
- Other sales, reflecting Manufacturing and Distribution expansion, rose 50.4%, supporting vertical integration efforts.
- Gross margins were pressured by higher vehicle, labor and freight costs despite favorable volume mix in parts of the business.
- Strong liquidity supported increased dividends, share repurchases and continued acquisition activity.
Original SEC Filing:
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