The financials
Installed Building Products, Inc. by the numbers
Installed Building Products, Inc. (IBP) reported revenue of $661M in Q1 2026 (quarter ended March 31, 2026), down 3.5% from the same quarter a year earlier. That came with a gross margin of 32% and net income of $35M (5.3% of revenue). For the full year FY2025, revenue was $2.97B (+1.0% year on year) and net income $265M. Its largest product in 2026-Q1 was Insulation at $377M, 57% of the disclosed total, just ahead of Product And Service Other at 7.7%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $661M | $685M | −3.5% |
| Gross profit | $212M | $224M | −5.1% |
| Operating income | $58M | $70M | −17% |
| Net income | $35M | $45M | −23% |
| Diluted EPS | $1.29 | $1.64 | −21% |
| Product | Revenue | Share |
|---|---|---|
| Insulation | $377M | 57% |
| Product And Service Other | $51M | 7.7% |
| Shower Doors Shelving And Mirrors | $48M | 7.2% |
| Other Building Products | $39M | 5.8% |
| Waterproofing | $38M | 5.8% |
| Garage Doors | $38M | 5.8% |
| Fireproofing And Firestopping | $30M | 4.5% |
| Rain Gutters | $25M | 3.8% |
| Window Blinds | $16M | 2.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $660.5M (-15%)
Fireproofing And Firestopping grew +44% year on yearGarage Doors -9.9% year on year
Segment Latestquarter on quarteryear on year
- Insulation$376.5M$376.5MQoQ -14%year on year -9.2%-14%-9.2%
- Product And Service Other$50.7M$50.7MQoQ -11%year on year +35%-11%+35%
- Shower Doors Shelving And Mirrors$47.5M$47.5MQoQ -17%year on year -7.0%-17%-7.0%
- Other Building Products$38.6M$38.6MQoQ -20%year on year -5.6%-20%-5.6%
- Waterproofing$38.3M$38.3MQoQ -12%year on year +13%-12%+13%
- Garage Doors$38.2M$38.2MQoQ -14%year on year -9.9%-14%-9.9%
- Fireproofing And Firestopping$29.5M$29.5MQoQ -5.8%year on year +44%-5.8%+44%
- Rain Gutters$25.1M$25.1MQoQ -29%year on year -5.3%-29%-5.3%
- Window Blinds$16.1M$16.1MQoQ -21%year on year -6.9%-21%-6.9%
Residential Construction
Ranks #1 of 14 by Smart Score