Builders FirstSource Q3 net income falls to $60.4 million; outlook narrowed
Builders FirstSource reported third quarter 2026 results, with net sales of $3.9 billion down 2.2%, diluted EPS of $0.56 versus $1.10 a year earlier, and Adjusted EBITDA down 28.3% to $311.1 million. The company narrowed its full-year 2026 outlook while keeping the midpoints for net sales and Adjusted EBITDA, which matters to shareholders because the quarter's profit declines were broad and net debt to LTM Adjusted EBITDA rose to 4.1x from 2.3x.
Key points
- Net sales were $3.9 billion, down 2.2%, with core organic net sales down 3.9%
- Diluted EPS was $0.56 versus $1.10; adjusted diluted EPS was $1.51 versus $2.00
- Free cash flow was $76.0 million versus $464.9 million; $500 million remains under the buyback authorization
- Full-year 2026 net sales guidance is $14.2 billion to $14.6 billion and Adjusted EBITDA guidance is $1.075 billion to $1.125 billion, with midpoints maintained
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.