Quarterly ResultApr 30, 2026, 07:02 AM
BLDR Q1 Net Sales $3.3B (-10.1%); Net Loss $(47.4)M; $500M Buyback
AI Summary
Builders FirstSource, Inc. reported Q1 2026 net sales of $3.3 billion, a 10.1% decrease year-over-year, primarily due to a lower starts environment and commodity deflation. The company posted a net loss of $(47.4) million, or $(0.43) diluted EPS, compared to a net income of $96.3 million in the prior year. Additionally, the Board of Directors authorized a new share repurchase program of up to $500 million, which includes the remaining $200 million from a previous authorization. The company also provided a full-year 2026 outlook, projecting net sales between $14.6 billion and $15.6 billion.
Key Highlights
- Board authorized new $500 million share repurchase program.
- Q1 2026 net sales decreased 10.1% to $3.3 billion.
- Q1 2026 net loss was $(47.4) million, or $(0.43) diluted EPS.
- Q1 2026 Adjusted EBITDA decreased 42.1% to $213.8 million.
- Q1 2026 cash provided by operating activities was $87.5 million.
- Repurchased 3.3 million shares for $302.9 million in Q1 2026.
- Full-year 2026 net sales outlook: $14.6 billion to $15.6 billion.
- Full-year 2026 Adjusted EBITDA outlook: $1.1 billion to $1.5 billion.