| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.5K | 2.5% |
| Total Income | 1.5K | 2.5% |
| Expenditure | 1.5K | 0.8% |
| PBT | 24.43 | 54.9% |
| Net Profit | 17.84 | 55.8% |
| OPM | 1.85% | 1.69pp |
| NPM | 1.19% | 1.43pp |
| EPS | 0.50 | 52.8% |
Boise Cascade Reports Q1 2026 Net Income of $17.8 Million
05 May 2026 · 5 May, 1:58 am
Summary
Boise Cascade Company reported a net income of $17.8 million, or $0.50 per share, on sales of $1.5 billion for Q1 2026, compared to a net income of $40.3 million, or $1.06 per share, on sales of $1.5 billion for Q1 2025. The decrease in net income was influenced by geopolitical events, volatile mortgage rates, and severe weather. Building Materials Distribution sales decreased slightly, while Wood Products sales also saw a decrease. The company expects capital expenditures in 2026 to range from $150 million to $170 million.
Key Highlights
- 1
Boise Cascade reported net income of $17.8 million, or $0.50 per share, for the first quarter of 2026.
- 2
Sales for the first quarter of 2026 totaled $1.5 billion, consistent with the $1.5 billion reported for the first quarter of 2025.
- 3
Building Materials Distribution sales decreased by 1% to $1,388.9 million for the three months ended March 31, 2026.
- 4
Wood Products sales decreased 4% to $398.2 million for the three months ended March 31, 2026.
- 5
The company ended the first quarter of 2026 with $338.7 million of cash and cash equivalents.
- 6
Capital expenditures for 2026 are expected to total approximately $150 million to $170 million.
- 7
The company repurchased 830,751 shares of its outstanding common stock for $65.5 million during the first quarter of 2026.
Management Comments
Jeff Strom
“In the first quarter of 2026, our businesses delivered solid results despite the current demand environment, influenced by geopolitical events, volatile mortgage rates, and severe weather. I am proud of our associates for continuing to lean into our integrated model, which demonstrates its value and resilience in markets like these. Our Company is especially well positioned during periods of uncertainty, as customers increasingly rely on Boise Cascade for reliable service and consistent value across a broad range of industry-leading products. Looking ahead, I am confident in the unwavering focus of our team to deliver value to our stakeholders irrespective of market conditions.”
Informational and educational content only. Not investment advice.