Installed Building Products, Inc.IBPEarnings & Financial Report
Installed Building Products, Inc. is a leading US-based provider of professional installation services for building products. Core offerings include insulation, gutters, garage doors, fire protection systems and window treatments, serving residential new construction, repair & remodel, and commercial construction segments across most US regions.
Revenue
$692.9M
Gross Profit
$234.5M
Operating Profit
$87.9M
Net Profit
$55.9M
Gross Margin
33.8%
Operating Margin
12.7%
Net Margin
8.1%
YoY Growth
5.1%
EPS
$1.97
Financial Flow
Installed Building Products, Inc. Q1 2024 Financial Summary
Installed Building Products, Inc. reported revenue of $692.9M (up 5.1% YoY) for Q1 2024, with a net profit of $55.9M (up 13.4% YoY) (8.1% margin). Cost of goods sold was $458.4M, operating expenses totaled $146.6M.
Key Financial Metrics
| Total Revenue | $692.9M |
|---|---|
| Net Profit | $55.9M |
| Gross Margin | 33.8% |
| Operating Margin | 12.7% |
| Report Period | Q1 2024 |
Revenue Breakdown
Installed Building Products, Inc. Q1 2024 revenue of $692.9M breaks down across 10 segments, led by Insulation at $427.9M (61.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Insulation | $427.9M | 61.8% |
| Shower Doors Shelving And Mirrors | $48.9M | 7.1% |
| Other Building Products | $40.6M | 5.9% |
| Other | $37.7M | 5.4% |
| Other Customer Installation | $37.0M | 5.3% |
| Waterproofing | $30.7M | 4.4% |
| Rain Gutters | $27.4M | 4.0% |
| Fireproofing And Firestopping | $20.7M | 3.0% |
| Window Blinds | $17.0M | 2.5% |
| Related Party | $5.0M | 0.7% |
Installed Building Products, Inc. Revenue by Segment — Quarterly Trend
Installed Building Products, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Insulation and Shower Doors Shelving And Mirrors) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Insulation | — | $440.3M | $446.5M | $414.5M |
| Shower Doors Shelving And Mirrors | $53.5M | — | $56.9M | $51.1M |
| Other Building Products | $47.7M | $48.4M | $47.2M | $40.9M |
| Other | — | $59.4M | $20.1M | — |
| Other Customer Installation | $67.8M | — | $44.7M | $37.6M |
Installed Building Products, Inc. Annual Revenue by Year
Installed Building Products, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.0B |
| 2024 | $2.9B |
| 2023 | $2.8B |
| 2022 | $2.7B |
Installed Building Products, Inc. Quarterly Revenue & Net Profit History
Installed Building Products, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $747.5M | -0.4% | $76.6M | 10.2% |
| Q3 2025 | $778.2M | +2.3% | $74.4M | 9.6% |
| Q2 2025 | $760.3M | +3.1% | $69.0M | 9.1% |
| Q1 2025 | $684.8M | -1.2% | $45.4M | 6.6% |
| Q4 2024 | $750.2M | +4.1% | $66.9M | 8.9% |
| Q3 2024 | $760.6M | +7.7% | $68.6M | 9.0% |
| Q2 2024 | $737.6M | +6.6% | $65.2M | 8.8% |
| Q1 2024 | $692.9M | +5.1% | $55.9M | 8.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $692.9M | $737.6M | $760.6M | $750.2M | $684.8M | $760.3M | $778.2M | $747.5M |
| YoY Growth | 5.1% | 6.6% | 7.7% | 4.1% | -1.2% | 3.1% | 2.3% | -0.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.00B | $2.03B | $2.07B | $2.06B | $2.00B | $2.02B | $2.05B | $2.07B |
| Liabilities | $1.32B | $1.34B | $1.36B | $1.35B | $1.34B | $1.36B | $1.37B | $1.36B |
| Equity | $679.2M | $685.3M | $716.4M | $705.3M | $660.9M | $664.5M | $678.6M | $709.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $84.8M | $79.0M | $101.4M | $74.8M | $92.1M | $90.4M | $124.0M | $64.9M |