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 Q1 FY2026 Key Financial Metrics
Revenue
$1.4B
Gross Profit
$400.3M
Operating Profit
$175.0M
Net Profit
$104.8M
Gross Margin
27.7%
Operating Margin
12.1%
Net Margin
7.2%
YoY Growth
17.2%
EPS
$3.73
TopBuild Corp Q1 FY2026 Financial Summary
TopBuild Corp reported revenue of $1.4B (up 17.2% YoY) for Q1 FY2026, with a net profit of $104.8M (down 15.1% YoY) (7.2% margin). Cost of goods sold was $1.0B, operating expenses totaled $225.2M.
Key Financial Metrics
| Total Revenue | $1.4B |
|---|---|
| Net Profit | $104.8M |
| Gross Margin | 27.7% |
| Operating Margin | 12.1% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
TopBuild Corp Q1 FY2026 revenue of $1.4B breaks down across 3 segments, led by Installation Services at $651.1M (45.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Installation Services | $651.1M | 45.0% |
| Specialty Distribution | $562.9M | 38.9% |
| Other | $231.8M | 16.0% |
TopBuild Corp Annual Revenue by Year
TopBuild Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.4B).
TopBuild Corp Quarterly Revenue & Net Profit History
TopBuild Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.4B | +17.2% | $104.8M | 7.2% |
| Q4 FY2025 | $1.5B | +13.2% | $104.5M | 7.0% |
| Q3 FY2025 | $1.4B | +1.4% | $142.2M | 10.2% |
| Q2 FY2025 | $1.3B | -5.0% | $151.6M | 11.7% |
| Q1 FY2025 | $1.2B | -3.6% | $123.4M | 10.0% |
| Q4 FY2024 | $1.3B | +2.0% | $150.5M | 11.5% |
| Q3 FY2024 | $1.4B | +3.6% | $169.0M | 12.3% |
| Q2 FY2024 | $1.4B | +3.7% | $150.7M | 11.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.37B | $1.37B | $1.31B | $1.23B | $1.30B | $1.39B | $1.49B | $1.45B |
| YoY Growth | 3.7% | 3.6% | 2.0% | -3.6% | -5.0% | 1.4% | 13.2% | 17.2% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.90B | $4.65B | $4.74B | $4.60B | $5.12B | $6.41B | $6.61B | $6.71B |
| Liabilities | $2.55B | $2.54B | $2.53B | $2.48B | $2.98B | $4.19B | $4.29B | $4.31B |
| Equity | $2.36B | $2.11B | $2.21B | $2.12B | $2.14B | $2.22B | $2.32B | $2.40B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $90.4M | $240.7M | $266.2M | $152.6M | $193.7M | $233.3M | $176.7M | $160.7M |