What does architectural services — beginning balance mean?

The opening financial value of a specific account or asset pool for the Architectural Services segment at the start of a reporting period. It serves as the baseline for tracking changes, such as acquisitions, disposals, or valuation adjustments, throughout the fiscal year.

Apogee Enterprises (APOG) Architectural Services — Beginning balance

Screener

Other segment segments

Architectural Metals

$3.58M+178%

Architectural Glass

$0—

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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

See full

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-Q, filed June 30, 2026.

Filed: Jun 30, 2026, 3:01 PM EDT
Fiscal quarter: Q1 FY2027
Calendar quarter: Q2 2026
Accession: 0000006845-26-000063

(In thousands)	Architectural Metals	Architectural Services	Corporate and Other	Total
Balance at February 28, 2026	$3,581	$2,311	$1,082	$6,974
Payments	(1,151)	(124)	(675)	(1,950)
Other adjustments	(136)	12	—	(124)
Balance at May 30, 2026	$2,294	$2,199	$407	$4,900

Item 1. Financial Statements (Unaudited):

FAQ

What is Apogee Enterprises's architectural services — beginning balance?: Apogee Enterprises (APOG) reported architectural services — beginning balance of $2.2M in Q2 2026.
How has Apogee Enterprises's architectural services — beginning balance changed year-over-year?: Apogee Enterprises's architectural services — beginning balance decreased by 60.9% year-over-year, from $5.63M to $2.2M.
What does architectural services — beginning balance mean?: The opening financial value of a specific account or asset pool for the Architectural Services segment at the start of a reporting period. It serves as the baseline for tracking changes, such as acquisitions, disposals, or valuation adjustments, throughout the fiscal year.