Quarterly ResultMay 7, 2026, 07:47 AM
Gibraltar Q1 Net Sales +44.6% to $356.3M; Adj EPS $0.45
AI Summary
Gibraltar Industries reported Q1 2026 financial results, with net sales increasing 44.6% to $356.3 million and adjusted EBITDA rising 16.1% to $49.0 million. However, adjusted EPS decreased 50.0% to $0.45, primarily due to higher interest expense and unfavorable price-material economics from aluminum price increases. The company is accelerating the integration of OmniMax, raising synergy commitments to $26 million for 2026, and reaffirmed its full-year 2026 guidance.
Key Highlights
- Q1 2026 Net Sales increased 44.6% to $356.3 million, driven by acquisitions.
- Adjusted EBITDA rose 16.1% to $49.0 million in Q1 2026.
- Adjusted Diluted EPS decreased 50.0% to $0.45 for Q1 2026.
- OmniMax integration is accelerating, with 2026 synergy commitment raised to $26 million.
- Residential segment net sales grew 56.3% to $281.4 million, with OmniMax contributing $89 million.
- Agtech net sales increased 23.6% to $55.6 million, driven by Lane Supply acquisition.
- Applied $70 million from eBOS divestiture to debt reduction; net debt is $1.2 billion.
- Reaffirmed full-year 2026 guidance: Net Sales $1.76B-$1.83B, Adjusted EBITDA $310M-$326M.