| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 509.55 | 43.0% | 64.6% |
| Total Income | 509.55 | 43.0% | 64.6% |
| Expenditure | 449.73 | 24.7% | 66.6% |
| PBT | 37.96 | 327.7% | 3.3% |
| Net Profit | 8.19 | 112.1% | 68.5% |
| OPM | 11.74% | 12.99pp | 1.02pp |
| NPM | 1.61% | 20.54pp | 6.79pp |
| EPS | 0.28 | 112.4% | 67.8% |
Gibraltar Industries Reports Q2 2026 Results
05 Aug 2026 · 5 Aug, 5:18 pm
Summary
Gibraltar Industries reported strong second quarter 2026 results, with total net sales from continuing operations surging by 64.6% to $509.5 million, driven by the OmniMax acquisition and organic growth in the Residential and Agtech segments. Adjusted EBITDA saw a significant increase of 59.7% to $88.0 million. The Residential business was a key driver, with net sales up 84.9% and organic revenue growth of 12.7%. Despite a slight decrease in net income and adjusted EPS, the company reiterated its full-year 2026 guidance, highlighting progress on OmniMax integration and new business awards.
Key Highlights
- 1
Gibraltar Industries reported second quarter results with continuing operations net sales increasing by 64.6% to $509.5 million.
- 2
Organic growth for continuing operations was 5%, primarily driven by the Residential segment.
- 3
Adjusted EBITDA increased by 59.7% to $88.0 million compared to the prior year's second quarter.
- 4
The Residential segment saw net sales grow by 84.9% to $425.9 million, with organic revenue up 12.7%.
- 5
The company reiterated its full-year 2026 outlook, citing continued execution of integration workstreams and synergy initiatives.
- 6
An additional 630 locations were awarded for trims and flashings, expanding the company's national supply capability.
- 7
Net income from continuing operations decreased by 7.1% to $27.3 million, while Adjusted EPS was $1.11, down 1.8%.
Management Comments
Bill Bosway
We delivered solid second quarter results with our Residential business driving good organic growth and participation gains in a flat-to-down market. Our building products business grew 12.7% organically - if you assume we owned OmniMax in Q2 2025, the combined business actually grew 15.5%, showing the strength of this combination in the marketplace. In line with our long-term strategic plan, our Residential business overall continues to become a larger part of our portfolio and represented 83% of total revenue in the quarter, with segment EBITDA margin improving sequentially 340 basis points to 19.0%. OmniMax integration continues to accelerate as our leadership team and integration management office drive our top 11 critical workstreams and synergy capture. We are also excited to announce we were recently awarded an additional 630 locations now making us the supplier of trims and flashings to more than 1,700 locations across the country for one of our customers – validating our ability to support our customers locally on a national basis with a value proposition that makes sense for them. We believe the addition of OmniMax to our product portfolio was instrumental in receiving this award. Including a full quarter of OmniMax, total Gibraltar net sales increased 64.6% on organic growth of 5%, adjusted EBITDA increased 59.7%, and we delivered adjusted EPS of $1.11. As expected, we generated cash in our continuing operations during the quarter. Despite the impact of the current macroeconomic and geopolitical environment and a slow Residential end market, we reiterate our full year 2026 outlook. We will continue to execute our 11 integration workstreams, implement synergy initiatives, and focus on participation gains with customers in our Residential business as we drive towards Residential representing an even larger part of the portfolio. The additional business we were recently awarded in our Residential segment demonstrates the power of a combined Gibraltar and OmniMax in the marketplace. We also expect Agtech and Infrastructure to deliver their respective plans for the second half of the year.
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