Filing Flows › Builders FirstSource (BLDR) › Q3 2026 › vs Q2 2026
Builders FirstSource (BLDR) Q3 2026 vs Q2 2026 (quarter over quarter)
Builders FirstSource's revenue fell $8.5M (-0.2%) from $3.9B in Q2 2026 to $3.9B in Q3 2026. The biggest changes: Windows Doors and Millwork −$16.8M (-2%); Manufactured Products +$13.8M (+2%); Lumber and Lumber Sheet Goods −$2.9M (-0.3%). Gross margin 27.8% against 28.1% (-0.3 pts).
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 draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 27.8% | 28.1% | -0.3 pts |
| Operating margin | 2.6% | 3.3% | -0.8 pts |
| Net margin | 1.6% | -0.1% | +1.7 pts |
| Free cash flow margin | 1.9% | 0.8% | +1.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Lumber and Lumber Sheet Goods | $1.0B | $1.0B | −$2.9M | -0.3% |
| Specialty Building Products and Services | $1.0B | $1.0B | −$2.6M | -0.3% |
| Windows Doors and Millwork | $938M | $955M | −$16.8M | -2% |
| Manufactured Products | $845M | $832M | $13.8M | +2% |
| Revenue | $3.9B | $3.9B | −$8.5M | -0.2% |
| Gross profit | $1.1B | $1.1B | −$14.5M | -1% |
| Cost of revenue | $2.8B | $2.8B | $6.0M | +0.2% |
| Operating profit | $99.1M | $129M | −$29.4M | -23% |
| Operating expenses | $973M | $958M | $14.9M | +2% |
| Pre-tax earnings | $26.8M | $52.4M | −$25.6M | -49% |
| Other expense, net | $72.2M | $76.1M | −$3.9M | -5% |
| Income tax benefit | $33.6M | −$56.3M | $89.9M | — |
| Net earnings | $60.4M | −$3.9M | $64.3M | — |
| Operating cash sources | $225M | $153M | $71.5M | +47% |
| Depreciation & amortization | $149M | $150M | −$1.2M | -0.8% |
| Share-based compensation | $15.6M | $7.2M | $8.4M | +117% |
| Working capital & other | $78.3M | $85.3M | −$7.0M | -8% |
| Operating cash flow | $147M | $68.0M | $78.5M | +115% |
| Free cash flow (OCF − capex) | $73.9M | $30.0M | $43.9M | +147% |
| Capital expenditures | $72.6M | $38.0M | $34.6M | +91% |
Questions
How much did Builders FirstSource's revenue grow quarter over quarter in Q3 2026?
Builders FirstSource's revenue fell $8.5M (-0.2%) from $3.9B in Q2 2026 to $3.9B in Q3 2026.
What drove Builders FirstSource's revenue change in Q3 2026?
Windows Doors and Millwork −$16.8M (-2%); Manufactured Products +$13.8M (+2%); Lumber and Lumber Sheet Goods −$2.9M (-0.3%).