Installed Building Products Q3 net income falls 20% to $59.4 million
IBP•Installed Building Products’ third-quarter 2026 net income fell 20% year over year to $59.4 million, while revenue rose to $808.4 million. The company reported a 31.8% gross margin and said it closed a $250 million add-on to its Term Loan B.
1. Quarterly results
Installed Building Products’ third-quarter 2026 net income fell 20% year over year to $59.4 million, while net revenue rose to $808.4 million. Residential same-branch sales declined year over year, and gross profit margin narrowed to 31.8%, which the company attributed to a higher Other segment mix and significant fuel and aluminum cost inflation.
2. Acquisitions and financing
The company closed a $250 million add-on to its existing Term Loan B to support its acquisition strategy. Year-to-date acquisitions added approximately $67 million in annual revenue, and management expects at least $100 million in acquired revenue in 2026.
