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Apogee Enterprises APOG Architectural Glass — Beginning balance

Other segment segments

Architectural Metals
$3.58M+178%
Architectural Services
$2.2M-60.9%

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Other financials

Income statement

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Revenue$342.7M-1.1%
Gross profit$75.0M-0.1%
Operating income$18.8M+172%
Net income$11.5M+529%
EPS (diluted)$0.54+515%

Balance sheet

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Cash & equivalents$26.4M-19.5%
Total debt$287.9M-23.3%
Total equity$512.0M+6.3%
Total assets$1.1B-4.8%

Cash flow

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Operating cash flow$7.4M+138%
CapEx$6.3M-12.3%
Free cash flow$1.1M+104%

Valuation

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Market cap$908.19M+2.6%
Enterprise value$1.17B-4.7%
P/E13.3×-4.0×
P/S0.7×0.0×

Profitability

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Gross margin22.8%-1.6pp
Operating margin6.9%+0.8pp
Net margin4.9%+1.1pp
FCF margin8.8%+4.1pp

Returns & leverage

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Return on equity13.8%+3.1pp
Debt / equity0.6×-0.2×
Current ratio1.8×0.0×

Where this comes from

Reported directly by Apogee Enterprises in its filing.

Tagged under the XBRL concept us-gaap:RestructuringReserve.

The source filing: Apogee Enterprises’s 10-K, filed April 24, 2026.

Filed
Apr 24, 2026, 1:21 PM EDT
Fiscal year
FY2026
Accession
0000006845-26-000023
(In thousands)Architectural MetalsArchitectural ServicesArchitectural GlassCorporate and OtherTotal
Balance at March 2, 2024$2,814$2,067$$56$4,937
Restructuring expense1,931(812)7781,897
Payments(4,256)(605)(323)(5,184)
Other adjustments797797
Balance at March 1, 2025$1,286$650$$511$2,447
Restructuring expense4,9205,1111,36911,400
Payments(2,686)(3,450)(798)(6,934)
Other adjustments6161

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Apogee Enterprises's architectural glass — beginning balance?
Apogee Enterprises (APOG) reported architectural glass — beginning balance of $0 in Q1 2026.
What does architectural glass — beginning balance mean?
This represents the opening financial position of a specific asset or liability account within the Architectural Glass segment at the start of the reporting period. It provides the baseline for tracking changes, such as capital investments, depreciation, or impairment, throughout the fiscal year.

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