earnings
confidence high
sentiment neutral
materiality 0.70
TopBuild Q1 sales up 17.2% to $1.45B; net income down 15% to $104.8M; four acquisitions in 2026
TopBuild Corp
2026-Q1 EPS reported
$3.73
revenue$1,445,860,000
- Sales $1.45B (+17.2% YoY); reported gross margin 27.7% vs 28.5%, operating margin 12.1% vs 14.4%.
- Net income $104.8M ($3.73 diluted EPS) vs $123.4M ($4.23) prior year; adjusted EPS $3.75.
- Installation Services operating profit $119.2M (-8%); Specialty Distribution operating profit $80M (+15.9%).
- Four 2026 acquisitions add >$80M in annual revenue; Comfort Pro (~$6M) expected Q2 close.
- CEO comments on pending QXO merger (Apr 19) and SPI integration on track.