TopBuild CorpBLDEarnings & Financial Report
HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.
BLD Q3 2025 Key Financial Metrics
Revenue
$1.4B
Gross Profit
$418.9M
Operating Profit
$215.0M
Net Profit
$142.2M
Gross Margin
30.1%
Operating Margin
15.4%
Net Margin
10.2%
YoY Growth
1.4%
EPS
$5.04
Financial Flow
TopBuild Corp Q3 2025 Financial Summary
TopBuild Corp reported revenue of $1.4B for Q3 2025, with a net profit of $142.2M (10.2% margin). Cost of goods sold was $974.2M, operating expenses totaled $203.9M.
Key Financial Metrics
| Total Revenue | $1.4B |
|---|---|
| Net Profit | $142.2M |
| Gross Margin | 30.1% |
| Operating Margin | 15.4% |
| Report Period | Q3 2025 |
TopBuild Corp Annual Revenue by Year
TopBuild Corp annual revenue history includes year-by-year totals (for example, 2024 revenue was $5.3B).
| Year | Annual Revenue |
|---|---|
| 2024 | $5.3B |
| 2023 | $5.2B |
| 2022 | $5.0B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.29B | $1.28B | $1.37B | $1.37B | $1.31B | $1.23B | $1.30B | $1.39B |
| YoY Growth | 1.7% | 1.1% | 3.7% | 3.6% | 2.0% | -3.6% | -5.0% | 1.4% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.16B | $5.31B | $4.90B | $4.65B | $4.74B | $4.60B | $5.12B | $6.41B |
| Liabilities | $2.60B | $2.60B | $2.55B | $2.54B | $2.53B | $2.48B | $2.98B | $4.19B |
| Equity | $2.56B | $2.71B | $2.36B | $2.11B | $2.21B | $2.12B | $2.14B | $2.22B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $260.9M | $178.8M | $90.4M | $240.7M | $266.2M | $152.6M | $193.7M | $233.3M |