Installed Building Products FY26 Q2 net income drops 5.94% to $64.9 million; revenue rises 2.3% to $777.8 million

Reuters2026/08/06 11:34

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Installed Building Products posted second-quarter net revenue up 2.3% to $777.8 million, driven by other revenue up 50.4% to $67.1 million.
Net income fell to $64.9 million, with diluted EPS at $2.43.
Adjusted EBITDA slipped 2.3% to $130.9 million, cutting adjusted EBITDA margin by 0.7 percentage points to 16.9%.
Cash and cash equivalents totaled $394.5 million at June 30; the company repurchased 365,000 shares for $76.2 million.
Board declared a third-quarter cash dividend of $0.39 per share; Jeff Edwards cited a challenging residential housing backdrop and acquisition-led growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Installed Building Products Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-053848), on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Installed Building Products FY26 Q2 net income drops 5.94% to $64.9 million; revenue rises 2.3% to $777.8 million

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