| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 777.80 | 17.8% | 2.3% |
| Total Income | 777.80 | 17.8% | 2.3% |
| Expenditure | 683.20 | 13.3% | 3.6% |
| PBT | 85.10 | 80.7% | 8.9% |
| Net Profit | 64.90 | 86.5% | 5.9% |
| OPM | 12.16% | 3.44pp | 1.12pp |
| NPM | 8.34% | 3.07pp | 0.73pp |
| EPS | 2.44 | 87.7% | 3.6% |
Installed Building Products Reports Q2 2026 Results; Declares Regular Quarterly Cash Dividend
06 Aug 2026 · 6 Aug, 5:08 pm
Summary
Installed Building Products reported a record second quarter with net revenue of $777.8 million, up 2.3% year-over-year, driven by a substantial 50.4% increase in Other revenue to $67.1 million, offsetting a slight decrease in Installation revenue. Net income was $64.9 million, with adjusted EBITDA at $130.9 million and an adjusted EBITDA margin of 16.9%. Management highlighted the team's execution in a challenging housing market, the value of their diversified platform, and continued disciplined capital deployment through acquisitions and shareholder returns. The company expects affordability and consumer confidence to continue impacting the residential housing market but remains focused on long-term growth.
Key Highlights
- 1
Installed Building Products reported record second quarter net revenue of $777.8 million, an increase of 2.3% compared to the prior year period.
- 2
The company achieved net income of $64.9 million and adjusted net income of $77.8 million for the second quarter of 2026.
- 3
Adjusted EBITDA for the second quarter was $130.9 million, representing an adjusted EBITDA margin of 16.9%.
- 4
Installation segment revenue was $710.7 million, a decrease of 0.7%, while Other revenue increased significantly by 50.4% to $67.1 million.
- 5
IBP declared a second quarter dividend of $0.39 per share, representing a more than 5% increase from the prior year's third quarter cash dividend payment.
- 6
The company completed acquisitions in the second quarter and July 2026, adding approximately $30 million of annual revenue, with a target of at least $100 million in acquisitions for 2026.
Management Comments
Jeff Edwards
Our team continued to execute well during the second quarter, working closely with our customers to navigate a challenging residential housing backdrop, while maintaining the high level of service they expect from IBP. We delivered positive consolidated revenue growth, supported by the contribution from recent acquisitions and growth within our heavy and light commercial business. These results demonstrate the value of our diversified operating platform and the multiple avenues available to support growth across varying market conditions. We also continued to deploy capital in a disciplined manner to support returns to shareholders, while advancing our growth-oriented acquisition strategy. Although we expect affordability and consumer confidence to continue to weigh on the U.S. residential housing market, we remain focused on controlling what we can control, serving our customers, and positioning IBP for continued long-term growth.
Informational and educational content only. Not investment advice.