{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-016874","form_type":"8-K","ticker":"BLDR","cik":"0001316835","company_name":"Builders FirstSource, Inc.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.353785+00:00","generated_at":"2026-06-16T00:29:38.736960+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Builders FirstSource Q1 net sales down 31.6% to $3.9B, EPS $2.41, board authorizes $1B buyback","bullets":["Net sales $3.9B (-31.6%); net income $333.8M (-47.8%); diluted EPS $2.41 vs $3.56.","Adjusted EBITDA $631.7M, margin 16.3%; Q2 guidance: sales $4.0-4.2B, EBITDA $525-575M.","Repurchased 7.5M shares for $627.6M in Q1; board approved new $1B share repurchase plan.","Cash from ops $654.4M, free cash flow $554.5M; net debt/LTM adjusted EBITDA ratio 0.8x.","Gross margin up 300bps to 35.3% on multi-family value-added mix; long-term normalized gross margin raised to 28%+."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-016874","json":"https://secwatch.observer/filing/0000950170-23-016874.json","markdown":"https://secwatch.observer/filing/0000950170-23-016874.md","text":"https://secwatch.observer/filing/0000950170-23-016874.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1316835/000095017023016874/0000950170-23-016874-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1316835/000095017023016874/bldr-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T00:29:38.736960+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a1653f4aaf80f815e9e4dd2f8a4f0d663dc6e82b","claim":"Builders FirstSource, Inc. reported the first quarter ended March 31, 2023 results: revenue $3.9 billion, net income $333.8 million, EPS $2.41 per diluted share. Guidance raised.","evidence_excerpt":"Builders FirstSource Reports First Quarter 2023 Results Net sales of $3.9 billion, a decrease of 31.6% Net income of $333.8 million Earnings per diluted share of $2.41 per share Adjusted EBITDA of $631.7 million at a margin of 16.3% Repurchased 7.5 million common shares totaling $627.6 million, a 5.4% reduction of shares outstanding May 3, 2023 (Dallas, TX) – Builders FirstSource, Inc. (NYSE: BLDR) today reported its results for the first quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1316835/000095017023016874/0000950170-23-016874-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$3.9 billion"},{"label":"Net income","value":"$333.8 million"},{"label":"EPS","value":"$2.41 per diluted share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}