secwatch.observer — SEC 8-K summary
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Issuer:     TopBuild Corp (BLD)
CIK:        0001633931
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001104659-26-020046
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TopBuild Q4 sales up 13.2% on M&A; adj EBITDA margin 17.9%; guides 2026 sales $5.93B-$6.23B
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- Q4 sales $1.485B (+13.2% YoY) driven by acquisitions; organic volume down 10.5%
- Q4 adj. EPS $4.50 vs $5.13 prior year; net income $104.5M
- Full year 2025 adj. EBITDA $1.037B, margin 19.2% vs 20.2% prior year
- Completed seven acquisitions in 2025 adding ~$1.2B annual revenue
- 2026 outlook: sales $5.925B-$6.225B, adj. EBITDA $1.005B-$1.155B

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633931/000110465926020046/0001104659-26-020046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633931/000110465926020046/bld-20260226x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-020046

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