Installed Building Products Q2 revenue rises 2.3% to record; profit falls
Installed Building Products reported second quarter 2026 net revenue up 2.3% to a record $777.8 million, while net income fell to $64.9 million ($2.43 per diluted share) from $69.0 million ($2.52) a year earlier. The company also declared a $0.39 quarterly dividend, more than 5% above the prior year's payment, and repurchased about 365 thousand shares for $76.2 million.
Key points
- Net revenue $777.8 million, up 2.3% from $760.3 million; same branch revenue down 0.6%
- Net income $64.9 million, or $2.43 per diluted share, versus $2.52 a year earlier; adjusted net income $77.8 million, or $2.91 per diluted share, versus $2.95
- Adjusted EBITDA $130.9 million, down 2.3% from $134.0 million; gross margin 33.3% versus 34.2%
- Quarterly dividend of $0.39 per share payable September 30, 2026 to holders of record on September 15, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 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 August 06, 2026.
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.