secwatch.observer — SEC 8-K summary
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Issuer:     TopBuild Corp (BLD)
CIK:        0001633931
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001558370-25-010172
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TopBuild reports Q2 sales $1.3B (-5% YoY); closes $810M Progressive Roofing deal
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- Q2 adjusted EBITDA margin 20.1%, reported EPS $5.32 vs $4.78 YoY.
- Sales $1.3B down 5.0% YoY; Installation volume -10.5% partly offset by Specialty Distribution +1.1%.
- Closed Progressive Roofing acquisition in July for $810M; adds ~$438M annual revenue.
- 2025 outlook: sales $5.15-$5.35B, adjusted EBITDA $970M-$1,070M, including acquisition.
- Repurchased 454,802 shares for $136M in Q2; YTD $351.6M; $836.4M remaining.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633931/000155837025010172/0001558370-25-010172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633931/000155837025010172/bld-20250805x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-010172

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