Trex Q2 sales rise 3% to $388 million; net income falls to $76 million
Trex reported second-quarter 2025 net sales of $388 million, up 3% from $376 million a year earlier, but net income fell to $76 million, or $0.71 per diluted share, from $87 million, or $0.80. The company reaffirmed its full-year 2025 guidance of 5% to 7% revenue growth and adjusted EBITDA margin above 31%, and expects third-quarter sales of $295 million to $305 million, which matters to shareholders because profit declined while sales grew.
Key points
- Q2 gross margin was 40.8%, down from 44.7% a year earlier, which the company attributed to its revised inventory strategy and one-time costs.
- Adjusted diluted EPS was $0.73 for the quarter; first-half net income was $136 million, down 23% from $176 million.
- Third-quarter 2025 net sales are expected to range from $295 million to $305 million.
- Full-year 2025 guidance was reaffirmed at 5% to 7% revenue growth and adjusted EBITDA margin above 31%.
The filing
Written by AI on Nov 8, 2026, 1:05 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 04, 2025.
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.