Gibraltar Industries reduced its full-year 2025 outlook for net sales, operating income, adjusted operating income and EBITDA in response to softer demand and timing shifts across key end markets. Annual net sales guidance was cut to a range of $1,128 million–$1,138 million from a prior range of $1,150 million–$1,175 million. Operating income expectations were lowered to $121 million–$123 million versus $141 million–$145 million previously announced. Adjusted operating income forecasts fell to $149 million–$151 million from $163 million–$167 million, and adjusted EBITDA was trimmed to $184 million–$186 million from $197 million–$202 million. Following the adjustment, shares declined by 11.4%.

In the fourth quarter ended December 31, Gibraltar estimates net sales of $261 million–$271 million compared with prior guidance of $283 million–$308 million and $232 million in Q4 2024. GAAP operating income is anticipated at $13 million–$15 million, down from previous guidance of $33 million–$37 million and $26 million a year earlier. Adjusted operating income is expected at $27 million–$29 million, versus $41 million–$45 million previously and $33 million in Q4 2024. Adjusted EBITDA is projected at $35 million–$37 million, down from $48 million–$53 million and $40 million in the prior-year quarter. GAAP EPS is estimated at $0.36–$0.41, adjusted EPS at $0.72–$0.77. For the full year 2025, diluted GAAP EPS guidance was cut to $3.21–$3.26 from $3.67–$3.77, and adjusted EPS to $3.88–$3.93 from $4.20–$4.30.

In the residential segment, participation gains in building accessories partially offset slower uptake of price increases due to industry inventory reductions. Single- and multi-family construction remained sluggish, though metal roofing outperformed expectations and mail and package order flow improved late in the quarter. Agtech backlog more than tripled year-over-year as large project volume shifted into 2026, and Lane Supply delivered strong bookings. Infrastructure revenues grew with robust margin performance.

Chairman and CEO Bill Bosway noted that channel inventories are now better aligned with end-customer demand entering 2026 and that fourth-quarter pricing actions and cost initiatives should drive margin expansion next year. The planned acquisition of Omnimax remains on track for closing in Q1 2026, and Gibraltar enters the new year with over $115 million in cash, a strong agtech backlog, solid infrastructure performance and positive momentum in building accessories.