Gibraltar Industries reduced its full-year 2025 targets for net sales, operating income, adjusted EBITDA and earnings per share, reflecting weaker residential and agtech end markets and project timing shifts. The company now forecasts annual net sales of $1,128 million to $1,138 million, down from prior guidance of $1,150 million to $1,175 million, and sees adjusted EBITDA of $184 million to $186 million versus $197 million to $202 million previously targeted. GAAP EPS guidance has been cut to a range of $3.21–$3.26, while adjusted EPS is now expected between $3.88–$3.93, against former estimates of $3.67–$3.77 and $4.20–$4.30, respectively. Following the announcement, shares fell 11.4% in intraday trading.

In the fourth quarter ended December 31, Gibraltar reported preliminary unaudited net sales of $261 million to $271 million, compared with prior guidance of $283 million to $308 million and $232 million in Q4 2024. Operating income is estimated at $13 million to $15 million, versus guidance of $33 million to $37 million and $26 million a year earlier, while adjusted EBITDA is forecast at $35 million to $37 million, below the $48 million to $53 million range provided and the $40 million reported in Q4 2024. GAAP EPS is preliminarily estimated at $0.36–$0.41 against guidance of $0.82–$0.92 and $1.73 in the prior year; adjusted EPS is seen at $0.72–$0.77 versus $1.04–$1.14 and $0.89 in the year-ago quarter. For the full year, net sales are estimated at $1,128 million–$1,138 million, down from $1,023 million in 2024, with adjusted EBITDA of $184 million–$186 million compared to $177 million last year.

The residential segment delivered mixed results: building accessories achieved participation gains but volume was constrained by industry-wide inventory rightsizing and slower price uptake, while metal roofing continued to outperform. Mail and package volumes remained subdued due to single- and multi-family housing starts, though orders improved in late December. In agtech, large project volumes shifted into 2026, with bookings and backlog more than tripling year-over-year; Lane Supply posted solid quarter-on-quarter growth. Infrastructure sales grew with favorable margin trends driven by cost efficiency measures.

Chairman and CEO Bill Bosway highlighted that channel inventories in residential are now better aligned with end-customer demand and that fourth-quarter price increases and cost-reduction initiatives should bolster 2026 results. He reiterated confidence in the planned acquisition of Omnimax, expected to close in Q1 2026, and emphasized a strong backlog in agtech, stable infrastructure performance and over $115 million in cash liquidity. The company will finalize audited results following standard close and audit procedures and schedule a conference call to discuss full details.