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 on Nov 8, 2026, 12:59 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 August 06, 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.