| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 348.56 | 2.7% | 2.1% |
| Total Income | 348.56 | 2.7% | 2.1% |
| Expenditure | 323.68 | 2.3% | 3.5% |
| PBT | 24.11 | 13.7% | 12.8% |
| Net Profit | 16.55 | 30.0% | 21.1% |
| OPM | 7.14% | 0.37pp | 1.25pp |
| NPM | 4.75% | 1.85pp | 1.40pp |
| EPS | 0.78 | 29.1% | 18.8% |
Apogee Enterprises Reports Q3 FY2026 Results: Net Sales Increase 2.1%
04 May 2026 · 4 May, 1:51 am
Summary
Apogee Enterprises reported a 2.1% increase in net sales to $348.6 million for the third quarter of fiscal 2026. Diluted earnings per share were $0.77, and adjusted diluted earnings per share were $1.02. The company's adjusted EBITDA was $46.1 million, representing a 13.2% margin. Apogee has updated its fiscal 2026 outlook, now expecting net sales of approximately $1.39 billion and adjusted diluted EPS in the range of $3.40 to $3.50.
Key Highlights
- 1
Net sales increased by 2.1% to $348.6 million in the third quarter of fiscal 2026.
- 2
The company reported a diluted earnings per share of $0.77 and an adjusted diluted earnings per share of $1.02.
- 3
Adjusted EBITDA for the quarter was $46.1 million, with an adjusted EBITDA margin of 13.2%.
- 4
Architectural Services segment backlog was $774.7 million at the end of the quarter.
- 5
Performance Surfaces net sales were $53.0 million, including $18.4 million from the acquisition of UW Solutions.
- 6
The company now expects net sales to be approximately $1.39 billion for fiscal year 2026.
- 7
The company expects adjusted diluted EPS to be in the range of $3.40 to $3.50 for fiscal year 2026.
Management Comments
Donald Nolan
I’m proud of our team’s disciplined execution and agility during this transition. Despite a challenging environment, we delivered results in line with expectations and remain focused on serving customers with innovative products and exceptional service. Our strong operational foundation and balance sheet position us to navigate near-term challenges and drive sustainable long-term value.
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