Installed Building Products reports record Q3 revenue and announces $100 million acquisition target
Installed Building Products (IBP) posted a record third‑quarter 2026 net revenue of $808.4 million, up 3.9% year‑over‑year, while net income fell to $59.4 million. Adjusted EBITDA was $128.3 million and adjusted EPS came in at $2.76. The company completed four acquisitions that added about $22 million of annual revenue and reaffirmed its goal of at least $100 million of acquired revenue for the full year. Management declared a $0.39 per‑share dividend, a more than 5% increase over the prior year.
Why it matters
The company says the record revenue demonstrates that its diversification and acquisition strategy are offsetting softness in new single‑family construction, supporting continued cash flow and dividend growth for shareholders. Management’s $100 million acquisition target signals ongoing growth potential and may boost future revenue and earnings.
Key facts
- 1Net revenue was $808.4 million, a record quarter. stocktitan.net
- 2Net income was $59.4 million. stocktitan.net
- 3Adjusted EBITDA was $128.3 million. stocktitan.net
- 4Adjusted EPS was $2.76 per diluted share. seekingalpha.com
- 5Cash and cash equivalents totaled $415.9 million. stocktitan.net
- 6The board declared a quarterly dividend of $0.39 per share. stocktitan.net
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.