Installed Building Products Q3 net income falls to $59.4 million on record revenue
Installed Building Products reported third quarter 2026 net revenue up 3.9% to a record $808.4 million, but net income fell to $59.4 million, or $2.24 per diluted share, from $74.4 million, or $2.74, a year earlier. The company also declared a quarterly dividend of $0.39 per share, which it said is an increase of more than 5% over the prior year period, so shareholders get higher payouts while profit per share declined.
Key points
- Net revenue rose 3.9% to $808.4 million; same branch revenue rose 0.6% on a consolidated basis.
- Net income was $59.4 million, or $2.24 per diluted share, versus $74.4 million, or $2.74, in the prior year quarter.
- Gross profit margin was 31.8% versus 34.0%; the company cited a higher mix of its Other segment and cost inflation in fuel and aluminum.
- Quarterly dividend of $0.39 per share is payable December 31, 2026, to holders of record on December 15, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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