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Installed Building Products IBP Waterproofing — Net revenue

Other product segments

Insulation
$430.5M-3.6%
Shower doors, shelving and mirrors
$55.8M-1.9%
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$50.3M+6.6%
Garage doors
$43.7M-1.1%
Fireproofing/firestopping
$33.4M+22.8%
Rain gutters
$32.8M+2.8%
Window blinds
$18.9M-9.1%

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Other financials

Income statement

See full
Revenue$777.8M+2.3%
Gross profit$258.9M-0.4%
Operating income$94.6M-6.3%
Net income$64.9M-5.9%
EPS (diluted)$2.43-3.6%

Balance sheet

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Cash & equivalents$394.5M+29.3%
Total debt$1.2B+21.7%
Total equity$639.5M-3.8%
Total assets$2.3B+11.4%

Cash flow

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Operating cash flow$68.8M-23.9%
CapEx$16.9M+8.3%
Free cash flow$51.9M-30.6%

Valuation

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Market cap$6.52B+11.4%
Enterprise value$7.32B+12.2%
P/E26×+2.6×
P/S2.2×+0.2×

Profitability

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Gross margin33.6%+0.1pp
Operating margin12.4%-0.1pp
Net margin8.5%0.0pp
FCF margin9.8%+0.5pp

Returns & leverage

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Return on equity38.5%+1.4pp
Debt / equity1.9×+0.4×
Current ratio+0.1×

Where this comes from

Reported directly by Installed Building Products in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Installed Building Products’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 3:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001580905-26-000045
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Net revenue$777.8$760.3$1,438.3$1,445.1
Cost of sales518.9500.4967.1961.5
Gross profit258.9259.9471.2483.6
Operating expenses
Selling36.635.770.671.1
Administrative117.2113.1227.4221.5
Amortization10.510.121.020.2
Operating income94.6101.0152.2170.8

Item 1. Financial Statements

FAQ

What is Installed Building Products's waterproofing — net revenue?
Installed Building Products (IBP) reported waterproofing — net revenue of $45.3M in Q2 2026.
How has Installed Building Products's waterproofing — net revenue changed year-over-year?
Installed Building Products's waterproofing — net revenue increased by 10.8% year-over-year, from $40.9M to $45.3M.
What is the long-term trend for Installed Building Products's waterproofing — net revenue?
Over 4 years (2021 to 2025), Installed Building Products's waterproofing — net revenue has grown at a 5.3% compound annual growth rate (CAGR), from $130.9M to $160.7M.
What does waterproofing — net revenue mean?
This metric represents the total net sales generated from the provision of waterproofing installation services and related products within a specific business segment. It reflects the market demand for moisture protection solutions in residential and commercial construction projects. Tracking this revenue stream helps investors evaluate the growth trajectory and competitive performance of the company's specialized building envelope services.

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