Quarterly ResultAug 6, 2026, 03:13 PM

Installed Building Products Q2 Net Income $64.9M, EPS $2.43

AI Summary

Installed Building Products reported Q2 2026 net revenue of $777.8 million, a 2.3% increase year-over-year, but net income decreased by 5.9% to $64.9 million, with diluted EPS at $2.43. For the first half of 2026, net income was $99.7 million, down 12.8%. The company also issued $500.0 million in 2034 Senior Notes, redeemed $308.2 million of 2028 Senior Notes, and expanded its ABL credit facility to $375.0 million, while continuing acquisition activities totaling $47.7 million.

Key Highlights

Q2 2026 net revenue increased 2.3% to $777.8 million from $760.3 million in Q2 2025.
Q2 2026 net income decreased 5.9% to $64.9 million from $69.0 million in Q2 2025.
Q2 2026 diluted EPS was $2.43, down from $2.52 in Q2 2025.
Issued $500.0 million 5.625% Senior Notes due 2034, using $308.2 million to redeem 2028 Senior Notes.
ABL credit facility expanded from $250.0 million to $375.0 million, extending maturity to 2031.
Acquisitions totaled $47.7 million for the six months ended June 30, 2026.
Declared cash dividend of $0.39 per share for Q2 2026, up from $0.37 in Q2 2025.
Repurchased $102.4 million of common stock for the six months ended June 30, 2026.

View SEC Filing

IBP

Homebuilding

Installed Building Products, Inc.

Price Impact