Filing Flows › Installed Building Products (IBP) › Q3 2026
Installed Building Products (IBP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Installed Building Products (IBP) reported revenue of $808M for the third quarter 2026 (Q3 2026), +4% from a year earlier and +4% from the quarter before. Operating margin was 11.3%, net earnings $59.4M (7.3% of revenue).
Installed Building Products, Q3 2026: revenue $808M (+4% year over year), operating margin 11.3%, net earnings $59.4M, operating cash flow $74.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $808M | +4% | +4% |
| Gross profit | $257M | -0.6% | -3% |
| Operating profit | $91.7M | -3% | -14% |
| Net earnings | $59.4M | -8% | -20% |
| Operating cash flow | $74.8M | +9% | -40% |
| Free cash flow | $58.3M | +12% | -44% |
What changed
Revenue was $808.4M in Q3 2026, up 4% year over year and up 4% from the previous quarter. Insulation was the largest line at 54% of revenue. Other added $10.9M year over year (up 19%), 36% of the total change. Window blinds declined 6%.
Gross margin was 31.8%, down 2.1 points from Q3 2025. Operating profit was $91.7M, a 11.3% margin (down 2.4 points year over year). Operating profit fell $15.1M even though revenue rose $30.2M versus Q3 2025, so costs grew faster than sales. Operating expenses grew 5% against revenue growth of 4%. Net earnings were $59.4M, down 20% year over year. The effective tax rate was 26.8%.
Operating cash flow was $74.8M (down 40% year over year), 126% of net earnings. Non-cash charges added back $18.3M of depreciation and amortization and $5.6M of share-based compensation. Working capital and other items used $8.5M. Capital expenditures of $16.5M left free cash flow of $58.3M.
Questions
What was Installed Building Products' revenue in the third quarter 2026?
Installed Building Products (IBP) reported revenue of $808M for the third quarter 2026 (Q3 2026), +4% from a year earlier and +4% from the quarter before.
Was Installed Building Products profitable in the third quarter 2026?
Operating profit was $91.7M (11.3% of revenue) and net earnings $59.4M.