| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 358.19 | 3.3% | 4.6% |
| Total Income | 358.19 | 3.3% | 4.6% |
| Expenditure | 331.31 | 2.5% | 10.3% |
| PBT | 27.95 | 1064.6% | 32.0% |
| Net Profit | 23.65 | 979.2% | 22.6% |
| OPM | 7.51% | 5.51pp | 4.75pp |
| NPM | 6.60% | 7.38pp | 2.32pp |
| EPS | 1.10 | 946.1% | 21.4% |
Apogee Enterprises Reports Q2 FY26 Net Sales Up 4.6% to $358 Million
04 May 2026 · 4 May, 9:04 am
Summary
Apogee Enterprises reported a 4.6% increase in net sales to $358 million for the second quarter of fiscal 2026. Diluted earnings per share were $1.10, while adjusted diluted earnings per share reached $0.98. The adjusted EBITDA margin was 12.4%. The company has updated its outlook for net sales to a range of $1.39 billion to $1.42 billion and adjusted diluted EPS to a range of $3.60 to $3.90 for fiscal year 2026.
Key Highlights
- 1
Net sales increased by 4.6% to $358 million for the second quarter of fiscal 2026.
- 2
The company reported diluted earnings per share of $1.10 and adjusted diluted earnings per share of $0.98.
- 3
Adjusted EBITDA for the quarter was $44.4 million, with an adjusted EBITDA margin of 12.4%.
- 4
Architectural Services segment backlog at the end of the quarter was $792.3 million, compared to $682.9 million at the end of the first quarter.
- 5
Performance Surfaces net sales were $48.4 million, including $24.9 million from the acquisition of UW Solutions.
- 6
The company now expects net sales in the range of $1.39 billion to $1.42 billion for fiscal 2026.
- 7
The company expects adjusted diluted EPS in the range of $3.60 to $3.90 for fiscal 2026.
Management Comments
Ty R. Silberhorn
"We delivered solid second quarter results led by revenue growth in Performance Surfaces and Architectural Services. Our team remained focused on executing our strategy and tariff mitigation plans in what continued to be a dynamic operating environment." "We are continuing to build a stronger Apogee, well-positioned for the future. As macroeconomic conditions improve, the growth potential unlocked by our acquisition of UW Solutions, combined with structural cost savings and operational efficiencies from Project Fortify Phase 2, will enhance our ability to deliver sustained long-term value for shareholders."
Informational and educational content only. Not investment advice.