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Quanex Building Products Corporation 10-Q Filings

NX NYSE

Every 10-Q that Quanex Building Products Corporation (NX) 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 NX 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 NX filings page.

Rhea-AI Summary

Quanex Building Products Corporation (NX) reported modest top-line growth and a strong return to profitability for the quarter ended July 31, 2026. Net sales were $501.8 million, up 1% from a year earlier, while net income was $26.5 million versus a prior-year net loss of $276.0 million that was driven by large asset impairment and restructuring charges that did not recur.

For the first nine months of fiscal 2026, net sales were $1.37 billion, up 2%, with net income of $25.8 million compared with a loss of $270.4 million in the prior-year period. Operating cash flow was $57.3 million, capital expenditures were $33.1 million, and total debt was $663.4 million against cash, cash equivalents and restricted cash of $64.2 million. All three operating segments contributed to positive operating income, with Extruded Solutions showing the strongest margin.

Rhea-AI Summary

Quanex Building Products reported slightly higher quarterly sales but a much smaller loss. Net sales rose to $409.1 million from $400.0 million, while net loss improved to $4.1 million from $14.9 million, helped by lower restructuring charges and reduced interest expense.

The Hardware and Custom Solutions segments grew modestly, while Extruded Solutions was flat. Operating income turned positive at $2.9 million versus a prior-year loss, and comprehensive income benefited from foreign currency translation gains. Debt tied to the Tyman acquisition remained significant, with $707.2 million of total debt outstanding.

Rhea-AI Summary

Quanex Building Products (NX) reported a restructuring-driven quarter that materially affected results. The company completed the acquisition of Tyman plc on August 1, 2024 for 14,139,477 Quanex shares and approximately $504.1 million in cash, funded in part by amended credit facilities providing a $475 million revolving line and a $500 million Term Loan A.

During Q3 2025 Quanex recorded $302.3 million of goodwill impairment related to the restructuring (of which $44.8 million is tax-deductible). As of July 31, 2025 the company had $66.3 million of cash, $672.5 million of borrowings under its facilities, and $271.4 million available under the revolving facility. Interest expense rose materially due to higher borrowings, and the nine-month pre-tax loss was $277.3 million with an estimated annual effective tax rate of 2.5% driven by discrete tax items tied to the impairment. Restructuring and workforce alignment charges totaled about $10.2 million for the nine months. The company reported compliance with debt covenants and a remaining $33.6 million authorization under its share repurchase program.