Installed Building Products, Inc.

Installed Building Products, Inc. ( IBP ) Q3 2026 Earnings Call November 5, 2026 10:00 AM EST Company Participants Ryan Ricketts - Director of Investor Relations & Financial Planning Jeffrey Edwards - Chairman, CEO & President Michael Miller - CFO, Executive VP of Finance & Director Brad Wheeler - Chief Operating Officer Conference Call Participants Philip Ng - Jefferies LLC, Research Division Michael Rehaut - Melius Research LLC Richard Reid - Wells Fargo Securities, LLC, Research Division Aatish Shah - Evercore ISI Institutional Equities, Research Division Susan Maklari - Goldman Sachs Group, Inc., Research Division Adam Baumgarten - Vertical Research Partners, LLC Ethan Roberts - Stephens Inc., Research Division Andrew Carter Keith Hughes - Truist Securities, Inc., Research Division Jeffrey Stevenson - Loop Capital Markets LLC, Research Division Michael Dahl - RBC Capital Markets, Research Division Reuben Garner - StoneX Financial, Inc., Research Division Presentation Operator Greetings. Welcome to the Installed Building Products Third Quarter 2026 Financial Results Conference Call.

Installed Building Products (IBP) came out with quarterly earnings of $2.76 per share, missing the Zacks Consensus Estimate of $2.84 per share. This compares to earnings of $3.18 per share a year ago.

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the third quarter ended September 30, 2026. Third Quarter 2026 Highlights (Comparisons are to Prior Year Period) Net revenue increased 3.9% to a record quarter of $808.4 million Installation revenue increased 2.7% to $740.4 million, including sales from IBP's recent acquisitions Other.

Installed Building Products remains a 'hold' as fundamentals weaken amid challenging housing market conditions. IBP's revenue and profitability declined in 1H 2026, driven by a 4.5% drop in same branch sales and significant weakness in residential segments. Diversification efforts have reduced reliance on single-family new builds, but repair/remodeling exposure remains limited despite industry strength.