Installed Building Products, Inc. filed its Form 10-Q with the SEC on November 5, 2026, reporting financial results for the quarterly period ended September 30, 2026.

Key Highlights

  • Net revenue of $808.4 million for the three months ended September 30, 2026, compared to $778.2 million in the same period of 2025, according to the filing.
  • Net income of $59.4 million for the third quarter of 2026, down from $74.4 million in the third quarter of 2025, as the company reported.
  • Diluted earnings per share of $2.24 for Q3 2026, compared to $2.74 in Q3 2025, per the filing.
  • Cash and cash equivalents of $415.9 million as of September 30, 2026, up from $321.9 million at December 31, 2025, the filing disclosed.
  • Long-term debt increased to $1,019.7 million as of September 30, 2026, from $850.0 million at December 31, 2025, according to the balance sheet.
  • Cash dividends declared of $0.39 per share for the third quarter of 2026, up from $0.37 per share in Q3 2025, per the filing.
  • 26,578,484 shares of common stock outstanding as of October 29, 2026, as stated in the filing.

Installed Building Products Reports Q3 2026 Revenue Growth With Lower Net Income Year Over Year

Installed Building Products, Inc. (NYSE:IBP), a Delaware-incorporated installer of insulation and complementary building products, reported net revenue of $808.4 million for the three months ended September 30, 2026, an increase from $778.2 million in the comparable prior-year quarter, according to the filing. For the nine months ended September 30, 2026, net revenue totaled $2,246.7 million, compared to $2,223.3 million in the nine months ended September 30, 2025.

Gross profit for Q3 2026 was $257.4 million, compared to $264.2 million in Q3 2025, the filing noted. Operating income declined to $91.7 million from $106.8 million in the prior-year period. The company disclosed that interest expense, net, rose to $10.4 million in Q3 2026 from $6.9 million in Q3 2025. Net income for the quarter was $59.4 million, with basic earnings per share of $2.25 and diluted earnings per share of $2.24. For the nine-month period, net income was $159.1 million, compared to $188.8 million in the nine months ended September 30, 2025.

The condensed consolidated balance sheet as of September 30, 2026, reflected total assets of $2,300.9 million and total liabilities of $1,604.6 million, leaving total stockholders' equity of $696.3 million, per the filing. Goodwill stood at $475.6 million, up from $450.4 million at December 31, 2025. The company reported treasury stock at cost of $755.9 million, covering 7,363,843 shares, as of September 30, 2026. Administrative expenses for the nine-month period were $345.0 million, compared to $332.6 million in the same period of 2025, the filing disclosed.

What Was Disclosed

Installed Building Products filed its quarterly report covering the period ended September 30, 2026, disclosing revenue growth, a year-over-year decline in net income and operating income, higher long-term debt, increased cash balances, and a quarterly dividend of $0.39 per share.