TopBuild Corp

BLD 10-Q · Q1 2026

BLD Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 1,445,860 1,233,278 +17.2%
Show Product Lines breakouts
All other 80,093 79,482 +0.8%
All other · Installation Services 56,640 64,838 -12.6%
All other · Intersegment Elimination -1,342 -960 -39.8%
All other · Specialty Distribution 24,795 15,604 +58.9%
Glass and windows 51,150 59,516 -14.1%
Glass and windows · Installation Services 51,150 59,516 -14.1%
Gutters 64,895 61,256 +5.9%
Gutters · Installation Services 23,894 24,895 -4.0%
Gutters · Intersegment Elimination -9,532 -7,074 -34.7%
Gutters · Specialty Distribution 50,533 43,435 +16.3%
Insulation and accessories 1,129,578 1,033,024 +9.3%
Insulation and accessories · Installation Services 525,501 596,284 -11.9%
Insulation and accessories · Intersegment Elimination -57,675 -64,025 +9.9%
Insulation and accessories · Specialty Distribution 661,752 500,765 +32.1%
Roofing 120,144
Roofing · Installation Services 120,144
Show Business Segments breakouts
Installation Services 777,329 745,533 +4.3%
Installation Services · Operating Segments 237,148 124,572 +90.4%
Installation Services · Operating Segments 540,181 620,961 -13.0%
Installation Services · Operating Segments 777,329 745,533 +4.3%
Specialty Distribution 668,531 487,745 +37.1%
Specialty Distribution · Intersegment Elimination -68,549 -72,059 +4.9%
Specialty Distribution · Operating Segments 512,977 349,790 +46.7%
Specialty Distribution · Operating Segments 224,103 210,014 +6.7%
Specialty Distribution · Operating Segments 737,080 559,804 +31.7%
Show Consolidation Items breakouts
Intersegment Elimination -68,549 -72,059 +4.9%
Intersegment Elimination · Commercial and Industrial -13,364 -10,835 -23.3%
Intersegment Elimination · Residential -55,185 -61,224 +9.9%
Operating Segments 1,514,409 1,305,337 +16.0%
Show Major Customers breakouts
Commercial and Industrial 736,761 463,527 +58.9%
Residential 709,099 769,751 -7.9%
Cost of Revenue 1,045,607 881,805 +18.6%
Show Business Segments breakouts
Installation Services · Operating Segments 540,053 511,438 +5.6%
Specialty Distribution · Operating Segments 560,620 430,499 +30.2%
Show Consolidation Items breakouts
Operating Segments 1,100,673 941,937 +16.9%
Gross Profit 400,253 351,473 +13.9%
Selling, General & Administrative 225,210 173,984 +29.4%
Show Business Segments breakouts
Installation Services · Operating Segments 118,085 104,479 +13.0%
Specialty Distribution · Operating Segments 96,452 60,246 +60.1%
Show Consolidation Items breakouts
Corporate Non Segment 10,674 9,259 +15.3%
Operating Segments 214,537 164,725 +30.2%
Operating Income 175,043 177,489 -1.4%
Show Business Segments breakouts
Installation Services · Operating Segments 119,191 129,616 -8.0%
Specialty Distribution · Operating Segments 80,008 69,059 +15.9%
Show Consolidation Items breakouts
Intersegment Elimination -13,482 -11,927 -13.0%
Operating Segments 199,199 198,675 +0.3%
Interest Expense -36,623 -16,602 -120.6%
Other Non-Operating Income (Expense) 1,327 5,086 -73.9%
Non-Operating Income (Expense) -35,296 -11,516 -206.5%
Income Before Taxes 139,747 165,973 -15.8%
Income Tax Expense (Benefit) -34,934 -42,588 +18.0%
Net Income 104,813 123,385 -15.1%
Show Equity Components breakouts
Retained Earnings 104,813 123,385 -15.1%
EPS (Basic) 3.75 4.25 -11.8%
EPS (Diluted) 3.73 4.23 -11.8%
Wtd Avg Shares (Basic) 27,976,514 29,028,234 -3.6%
Wtd Avg Shares (Diluted) 28,130,208 29,174,892 -3.6%
Comprehensive Income 100,471 123,614 -18.7%
Depreciation And Amortization 56,295 35,791 +57.3%
Show Business Segments breakouts
Installation Services · Operating Segments 29,191 19,326 +51.0%
Specialty Distribution · Operating Segments 25,420 15,001 +69.5%
Show Consolidation Items breakouts
Corporate Non Segment 1,684 1,464 +15.0%
Operating Segments 54,611 34,327 +59.1%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 268,847 308,811 -12.9%
Accounts Receivable 930,521 748,726 +24.3%
Inventory 515,143 406,057 +26.9%
Prepaid Expenses & Other Current Assets 42,148 30,723 +37.2%
Total Current Assets 1,756,659 1,494,317 +17.6%
Non-Current Assets
Operating Lease Right-of-Use Assets 261,536 178,948 +46.2%
Goodwill 3,070,940
Show Business Acquisition breakouts
Progressive 442,329
Series Of Individually Immaterial Business Acquisitions 64,245
SPI 437,961
Show Reporting Unit breakouts
Installation (excludes Progressive) 1,213,166
Installation Services 1,655,495
Progressive 442,329
Specialty Distribution 1,415,445
Intangible Assets 1,325,038 539,582 +145.6%
Other Non-Current Assets 10,465 10,342 +1.2%
Total Assets 6,711,163 4,596,296 +46.0%
Show Business Segments breakouts
Installation Services · Operating Segments 3,126,391 2,183,831 +43.2%
Specialty Distribution · Operating Segments 3,378,346 2,094,398 +61.3%
Show Consolidation Items breakouts
Corporate Non Segment 206,426 318,067 -35.1%
Operating Segments 6,504,737 4,278,229 +52.0%
Other Assets
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 286,525 259,691 +10.3%
Current Liabilities
Accounts Payable 471,217 422,786 +11.5%
Current Portion of Long-Term Debt 62,500 52,500 +19.0%
Accrued Liabilities And Employee Related Liabilities Current 251,991
Operating Lease Liability Current 87,302 68,257 +27.9%
Finance Lease Liability Current 6,611 1,365 +384.3%
Total Current Liabilities 879,621 738,507 +19.1%
Deferred Revenue (Current) 37,276
Show Balance Sheet Location breakouts
Accrued liabilities 37,276
Non-Current Liabilities
Long-Term Debt 2,769,888 1,312,879 +111.0%
Deferred Tax Liabilities 395,765 238,248 +66.1%
Accrued Insurance Noncurrent 58,645 57,728 +1.6%
Operating Lease Liabilities 190,086 129,243 +47.1%
Finance Lease Liability Noncurrent 11,014 2,312 +376.4%
Other Non-Current Liabilities 1,782 1,355 +31.5%
Total Liabilities 4,306,801 2,480,272 +73.6%
Long-Term Debt 2,832,388 1,365,379 +107.4%
Stockholders' Equity
Common Stock 397 396 +0.3%
Treasury Stock Common Value -2,142,193 -1,903,321 -12.6%
Additional Paid In Capital Common Stock 950,262 931,020 +2.1%
Retained Earnings 3,620,061 3,116,906 +16.1%
Accumulated Other Comprehensive Income -24,165 -28,977 +16.6%
Total Stockholders' Equity 2,404,362 2,116,024 +13.6%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -24,165 -28,977 +16.6%
Additional Paid In Capital 950,262 931,020 +2.1%
Common Stock 397 396 +0.3%
Retained Earnings 3,620,061 3,116,906 +16.1%
Treasury Stock Common -2,142,193 -1,903,321 -12.6%
Total Liabilities & Equity 6,711,163 4,596,296 +46.0%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Net Income 104,813 123,385 -15.1%
Depreciation & Amortization 56,295 35,791 +57.3%
Stock-Based Compensation 4,629 5,042 -8.2%
Gain Loss On Disposition Of Assets1 327 829 -60.6%
Amortization of Financing Costs 1,216 720 +68.9%
Provision For Doubtful Accounts 3,412 3,666 -6.9%
Inventory Write Down 2,284 2,820 -19.0%
Increase Decrease In Deferred Income Taxes -20 -1,822 +98.9%
Change in Accounts Receivable -38,542 -1,118 -3347.4%
Change in Inventory -18,336 -2,215 -727.8%
Change in Prepaid & Other Assets 8,198 9,646 -15.0%
Change in Accounts Payable 31,464 -32,342 +197.3%
Increase Decrease In Accrued Liabilities 4,739 -1,050 +551.3%
Other Operating Activities Cash Flow Statement 257 -631 +140.7%
Net Cash from Operations 160,736 152,589 +5.3%
Investing Activities
Capital Expenditures -13,999 -13,395 -4.5%
Payments To Acquire Businesses Net Of Cash Acquired -27,888 294 -9585.7%
Proceeds From Sale Of Productive Assets 394 248 +58.9%
Net Cash from Investing -41,493 -12,853 -222.8%
Right Of Use Asset Obtained In Exchange For Operating Lease Liability 12,987 17,547 -26.0%
Right Of Use Asset Obtained In Exchange For Finance Lease Liability 1,831
Financing Activities
Repayments Of Long Term Debt -15,625 -11,250 -38.9%
Proceeds From Lines Of Credit 65,000
Repayments Of Lines Of Credit -65,000
Finance Lease Principal Payments Cash Flow Impact -1,861
Tax Withholding for Share Compensation -18,293 -4,466 -309.6%
Proceeds From Stock Options Exercised 1,394
Net Cash from Financing -34,385 -231,344 +85.1%
Supplemental
Unpaid Capital Expenditures 685 444 +54.3%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents -753 101 -845.5%
Net Change in Cash 84,105 -91,507 +191.9%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 268,847 308,811 -12.9%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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