| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.8K | 22.2% | 5.2% |
| Total Income | 1.8K | 22.2% | 5.2% |
| Expenditure | 1.7K | 18.8% | 5.3% |
| PBT | 78.57 | 221.6% | 2.5% |
| Net Profit | 57.34 | 221.4% | 7.5% |
| OPM | 4.59% | 2.73pp | 0.04pp |
| NPM | 3.13% | 1.94pp | 0.43pp |
| EPS | 1.63 | 226.0% | 0.6% |
Boise Cascade Reports Q2 2026 Results
04 Aug 2026 · 4 Aug, 1:57 am
Summary
Boise Cascade reported second quarter 2026 results with net income of $57.3 million, or $1.63 per share, on sales of $1.8 billion, a 5% increase year-over-year. Adjusted EBITDA grew 6% to $126.2 million, reflecting growth in both the Building Materials Distribution and Wood Products segments. The company highlighted an outstanding second quarter despite a mixed demand backdrop, attributing the performance to its people and integrated model. A significant business update includes the expansion of its partnership with James Hardie to become the sole nationwide distributor of their exterior building products, effective July 31, 2026, which is expected to strengthen its market position.
Key Highlights
- 1
Boise Cascade reported net income of $57.3 million, or $1.63 per share, on sales of $1.8 billion for the second quarter ended June 30, 2026.
- 2
Consolidated sales increased by 5% to $1,831.3 million in the second quarter of 2026 compared to $1,740.1 million in the second quarter of 2025.
- 3
Adjusted EBITDA for the second quarter of 2026 was $126.2 million, a 6% increase from $119.0 million in the prior year period.
- 4
Building Materials Distribution sales rose 5% to $1,697.5 million, driven by net sales volume and price increases.
- 5
Wood Products sales increased by 3% to $459.6 million, primarily due to higher plywood sales prices and volumes.
- 6
The company announced an expanded partnership with James Hardie, making Boise Cascade the sole nationwide distributor for their exterior building products, effective July 31, 2026.
- 7
The company expects capital expenditures in 2026, excluding potential acquisition spending, to total approximately $150 million to $170 million.
Management Comments
Jeff Strom
I am excited to announce an outstanding second quarter, in what continues to be a mixed demand backdrop. These results reflect the power of our people and the service capabilities that our integrated model delivers to the marketplace. By combining nationwide scale with strong local support, we delivered the reliable service and consistent value our customers have come to expect from us across a broad mix of industry-leading building materials. The recent announcement of our expanded partnership with James Hardie to become the sole nationwide distributor of their full portfolio of industry-leading exterior and outdoor building products further strengthens our ability to distinguish ourselves in the marketplace. Looking ahead, we will continue to advance strategic priorities that position us to grow share, drive efficiencies, and return capital to shareholders while supporting our customers’ and suppliers’ success. This agreement is consistent with our focus on delivering the best products and service for our customers, which is at the core of every strategic decision we make at Boise Cascade. Customers want trusted brands, reliable availability, and dependable service that makes their jobs easier. This expanded partnership will improve access to James Hardie’s industry-leading products through Boise Cascade’s nationwide distribution network, helping customers get what they need, when and where they need it. Our two organizations have shared values, complementary strengths, and an unwavering focus on delivering high-quality products and outstanding service. I look forward to working closely with the James Hardie team in the coming months to unlock the powerful potential of this expanded agreement.
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