secwatch.observer — SEC 8-K summary
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Issuer:     TopBuild Corp (BLD)
CIK:        0001633931
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001104659-25-105890
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TopBuild Q3 adjusted EPS $5.36; raises 2025 guidance to $5.35-$5.45B revenue
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- Q3 2025 sales $1.393B, up 1.4% YoY; adjusted EBITDA margin 19.8%.
- Reported net income $142.2M ($5.04 diluted); adjusted net income $151.3M ($5.36 diluted).
- Installation Services sales +0.2% (volume -10.4%, M&A +11.0%); Specialty Distribution +1.4%.
- Raised FY2025 outlook: sales $5.35-5.45B, adjusted EBITDA $1.01-1.06B, including recent acquisitions.
- Year-to-date spent $851M on acquisitions; repurchased $417M in shares; $770.9M remaining buyback capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633931/000110465925105890/0001104659-25-105890-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633931/000110465925105890/bld-20251104x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-105890

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer