Every 10-Q that Apogee Enterprises Inc (APOG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow APOG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full APOG filings page.
Apogee Enterprises reported first-quarter fiscal 2027 net sales of $342.7M, down slightly year over year, but swung to net earnings of $11.5M from a $2.7M loss. Gross margin improved to 21.9% and operating margin to 5.5%, helped by cost savings from Project Fortify Phase 2.
Adjusted EBITDA was $32.1M with a 9.4% margin, modestly below last year. The company agreed to acquire Keller Companies for about $105M in cash plus up to $10M in earn-out, to be folded into the Architectural Glass segment. Architectural Services backlog reached $734.5M, while Apogee repurchased 269,500 shares for $9.7M and paid dividends of $0.27 per share.
Apogee Enterprises’ latest quarter shows modest sales growth but sharply lower profits as restructuring and higher interest costs weigh on results. Net sales for the quarter ended November 29, 2025 rose to $348.6M from $341.3M, but net earnings fell to $16.5M from $21.0M, with diluted EPS down to $0.77 from $0.96. For the first nine months, revenue increased to $1.05B from $1.02B, while net earnings dropped to $37.5M from $82.6M, and diluted EPS declined to $1.74 from $3.76.
Cash from operating activities was $66.6M for the nine months, and long-term debt stood at $255.0M. The company is executing “Project Fortify Phase 2,” expecting $28–$29M of pre-tax charges and annualized pre-tax cost savings of $25–$26M, with $23.6M of related costs recorded year-to-date. The recent UW Solutions acquisition contributed $74.8M in sales but a $1.8M net loss over nine months, and Apogee also booked $6.7M in gains from settling New Markets Tax Credit transactions. During the quarter, a CEO separation triggered an additional $2.1M of stock-based compensation expense.
Apogee Enterprises reported mixed first-half fiscal 2026 results following the acquisition of UW Solutions. Consolidated net sales rose 4.6% to $704.8M, driven by $46.6M of inorganic sales from UW Solutions and higher Architectural Services volume. Gross margin contracted to 22.4% from 29.1% due to lower price and volume, unfavorable mix, higher materials, tariffs, health insurance and restructuring charges. Operating income fell to $33.8M (margin 4.8%) and adjusted EBITDA declined to $78.8M (margin 11.2%).
The company completed Project Fortify with $16.7M of prior charges and launched Phase 2 expecting $24M–$26M of pre-tax charges and annualized pre-tax cost savings of approximately $13M–$15M, substantially complete by the end of Q4 fiscal 2026. It drew $250M on a delayed draw term loan for the UW Solutions acquisition and had total term and revolver outstanding of $270M at August 30, 2025, while remaining in compliance with covenant ratios. The company recorded a litigation-related expense of $9.4M in Q4 fiscal 2025 net of reserves and insurance.