IBP Q1 net income falls to $45.4 million as revenue dips 1.2%
Installed Building Products reported first-quarter 2025 results with net revenue down 1.2% to $684.8 million, net income down to $45.4 million, and diluted EPS of $1.64 versus $1.97 a year earlier. Management cited housing affordability challenges and a slower-than-expected spring selling season, and the board declared a $0.37 quarterly dividend, so shareholders see lower earnings alongside continued capital returns.
Key points
- Net revenue $684.8 million, down 1.2% from $692.9 million; same branch net revenue down 4.2%
- Net income $45.4 million, or $1.64 per diluted share, versus $55.9 million, or $1.97, a year earlier
- Adjusted EBITDA $102.4 million, down 12.7% from $117.3 million
- Quarterly dividend of $0.37 per share payable June 30, 2025 to holders of record June 13, 2025; repurchased 200,000 shares for $34.3 million in the quarter
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits 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 May 08, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.