Every 10-Q that INSTALLED BUILDING PRODUCTS, INC. (IBP) 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 IBP 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 IBP filings page.
Installed Building Products, Inc. reported modest top-line growth but weaker profitability for the quarter and six months ended June 30, 2026. Net revenue was $777.8 million for the quarter, up 2.3%, driven by a 14.1% increase in commercial sales and contributions from recent acquisitions, while residential installation revenue declined and mix shifted toward lower-margin Distribution and Manufacturing.
Quarterly net income was $64.9 million and six‑month net income was $99.7 million, both down year over year as gross margin compressed to 33.3% and 32.8%, respectively, and interest expense rose to $20.8 million for the six‑month period. The company ended June with $394.5 million of cash, total debt principal of $1,062.2 million, and equity of $639.5 million, after returning capital via $101.7 million of share repurchases and $2.58 per share in dividends year‑to‑date. In January 2026 it issued $500.0 million of 5.625% Senior Notes due 2034, redeemed its 2028 notes, and expanded its ABL revolving facility to $375.0 million, with $372.1 million of availability, supporting ongoing acquisition and growth initiatives.
Installed Building Products reported Q1 2026 net revenue of $660.5 million, down from $684.8 million, as residential installation volumes softened while commercial and distribution/manufacturing grew. Net income declined to $34.8 million from $45.4 million, and diluted EPS was $1.29 versus $1.64.
Gross margin slipped to 32.1% from 32.7%, reflecting higher labor, vehicle, insurance and freight costs, partly offset by lower material costs. The company issued $500.0 million of 5.625% senior notes due 2034, redeemed $300.0 million of 2028 notes, and expanded its ABL revolver to $375.0 million, ending the quarter with $474.3 million in cash.
IBP returned $84.6 million to shareholders through dividends and share repurchases, including a regular quarterly dividend of $0.39 per share, a variable dividend of $1.80 per share and $25.4 million of buybacks, while continuing its acquisition strategy with four Q1 2026 deals.
Installed Building Products (IBP) reported steady Q3 performance with net revenue of $778.2 million, up from $760.6 million, and diluted EPS of $2.74 versus $2.44 a year ago. Operating income rose to $106.8 million from $101.3 million, while net income increased to $74.4 million from $68.6 million.
The Installation segment remained the core driver at $721.1 million, with commercial end market revenue at $134.7 million and residential new construction at $540.3 million. Gross profit reached $264.2 million, reflecting firm margins as cost of sales tracked revenue growth. Interest expense eased year over year, supported by swap settlements flowing through results.
Year to date, cash from operations was strong at $306.5 million, ending cash stood at $333.3 million, and long‑term debt was $846.0 million. IBP returned capital through repurchases and dividends, buying back 200 thousand shares in Q3 for approximately $51.5 million and paying a $0.37 quarterly dividend. For the first nine months, repurchases totaled 700 thousand shares ($134.9 million) and dividends were $2.81 per share, including a $1.70 special payment.
Installed Building Products (IBP) Q2-25 10-Q highlights
Revenue increased 3% YoY to $760.3 m; installation work remained 94% of sales. Gross profit rose to $259.9 m with a 34.2% margin, while installation segment margin widened to 37.1%. Operating income climbed 7% to $101.0 m; net income advanced 6% to $69.0 m. Diluted EPS grew 10% to $2.52 on a 3% lower share count following buybacks.
For the first six months, revenue is up 1% to $1.45 bn, but net income slipped 6% to $114.4 m as Q1 faced tougher comps. Operating cash flow strengthened 11% to $182.5 m, comfortably covering $67.7 m in dividends ($2.44/share), $83.5 m of share repurchases and $35.8 m of capex.
The balance sheet remains conservative: $305.2 m cash versus $876.1 m debt (net leverage ≈1.8× EBITDA). Book value is $664.5 m, or $24.30 per share. Goodwill rose $3.6 m from tuck-in deals; a new $500 m repurchase program is in place. Recently issued accounting standards are not expected to have a material impact.