Filing Flows › Builders FirstSource (BLDR) › Guidance history
Builders FirstSource (BLDR) guidance history: what it guided and what it reported
Builders FirstSource gave guidance in 12 earnings releases on file since Feb 22, 2024. Of 4 guided periods since reported, it met or beat its own guidance 4 times (100%). Revenue: 2 of 2, on average -0.2% against the guided midpoint. Its releases raised guidance twice and lowered it once.
Revenue
Met or beat 2 of 2 periods (0 above, 2 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $14.8B–$15.8B (Feb 17, 2026) → lowered $14.6B–$15.6B (Apr 30, 2026) → lowered $14.0B–$14.8B (Jul 30, 2026) → reaffirmed $14.2B–$14.6B (Oct 29, 2026) | — | to be reported | — |
| FY2025 | $16.5B–$17.5B (Feb 20, 2025) → lowered $16.1B–$17.1B (May 1, 2025) → lowered $14.8B–$15.6B (Jul 31, 2025) → raised $15.1B–$15.4B (Oct 30, 2025) | $15.2B | within the range | -0.4% |
| FY2024 | $17.5B–$18.5B (Feb 22, 2024) → reaffirmed $17.5B–$18.5B (May 7, 2024) → lowered $16.4B–$17.2B (Aug 6, 2024) → lowered $16.2B–$16.6B (Nov 5, 2024) | $16.4B | within the range | +0.0% |
Gross margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 28.5%–30.0% (Feb 17, 2026) → lowered 27.5%–29.0% (Apr 30, 2026) → lowered 27.5%–28.5% (Jul 30, 2026) → reaffirmed 27.5%–28.5% (Oct 29, 2026) | — | to be reported | — |
| FY2025 | 30.0%–32.0% (Feb 20, 2025) → lowered 29.0%–31.0% (May 1, 2025) → lowered 29.0%–30.5% (Jul 31, 2025) → raised 30.1%–30.5% (Oct 30, 2025) | — | — | — |
| FY2024 | 30.0%–33.0% (Feb 22, 2024) → reaffirmed 30.0%–33.0% (May 7, 2024) → raised 31.5%–32.5% (Aug 6, 2024) → raised 32.0%–33.0% (Nov 5, 2024) | — | — | — |
Tax rate
Met or beat 2 of 2 periods (0 above, 0 within, 2 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 20.0%–22.0% (Feb 17, 2026) → reaffirmed 20.0%–22.0% (Apr 30, 2026) | — | to be reported | — |
| FY2025 | 23.0%–25.0% (Feb 20, 2025) → reaffirmed 23.0%–25.0% (May 1, 2025) → reaffirmed 23.0%–25.0% (Jul 31, 2025) → lowered 20.0%–22.0% (Oct 30, 2025) | 15.1% | below the range | -5.9 pts |
| FY2024 | 23.0%–25.0% (Feb 22, 2024) → reaffirmed 23.0%–25.0% (May 7, 2024) → reaffirmed 23.0%–25.0% (Aug 6, 2024) → lowered 22.5%–23.5% (Nov 5, 2024) | 22.3% | below the range | -0.7 pts |
Adjusted tax rate
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 22.0%–24.0% (Jul 30, 2026) | — | to be reported | — |
Free cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $500M (Feb 17, 2026) → lowered $400M–$500M (Apr 30, 2026) → reaffirmed $400M–$500M (Jul 30, 2026) → lowered $400M–$450M (Oct 29, 2026) | — | to be reported | — |
| FY2025 | $600M–$1.0B (Feb 20, 2025) → raised $800M–$1.2B (May 1, 2025) → lowered $800M–$1.0B (Jul 31, 2025) → reaffirmed $800M–$1.0B (Oct 30, 2025) | $853M (GAAP) | not judged | — |
| FY2024 | $1.0B–$1.2B (Feb 22, 2024) → reaffirmed $1.0B–$1.2B (May 7, 2024) → reaffirmed $1.0B–$1.2B (Aug 6, 2024) → raised $1.2B–$1.4B (Nov 5, 2024) | $1.5B (GAAP) | not judged | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $250M–$300M (Feb 17, 2026) → lowered $225M–$275M (Apr 30, 2026) → lowered $175M–$225M (Jul 30, 2026) → reaffirmed $175M–$225M (Oct 29, 2026) | — | to be reported | — |
| FY2025 | $350M–$450M (Feb 20, 2025) → lowered $350M–$425M (May 1, 2025) → lowered $300M–$350M (Jul 31, 2025) → reaffirmed $300M–$350M (Oct 30, 2025) | $363M (GAAP) | not judged | — |
| FY2024 | $400M–$500M (Feb 22, 2024) → reaffirmed $400M–$500M (May 7, 2024) → reaffirmed $400M–$500M (Aug 6, 2024) → lowered $375M–$425M (Nov 5, 2024) | $381M (GAAP) | not judged | — |
The latest quarter
Builders FirstSource, Q3 2026: revenue $3.9B (-2% year over year), operating margin 2.6%, net earnings $60.4M, operating cash flow $147M. The chart follows the revenue to costs, profit and cash.
Questions
Does Builders FirstSource beat its guidance?
Builders FirstSource gave guidance in 12 earnings releases on file since Feb 22, 2024. Of 4 guided periods since reported, it met or beat its own guidance 4 times (100%). Revenue: 2 of 2, on average -0.2% against the guided midpoint.
How often does Builders FirstSource raise guidance?
Its earnings releases raised guidance twice and lowered it once since Feb 22, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.