Builders FirstSource, Inc. (BLDR), on Thursday reported loss in the first quarter of 2026 compared with income in the previous year due to lower gross profit due to a weak housing starts environment, along with higher net interest expense, partially offset by lower SG&A and an income tax benefit.
For the first quarter, net loss came in at $47.41 million from $96.30 million in the previous year.
Loss per share were $0.43 versus $0.84 last year.
On the adjusted basis, decreased to $30 million from $172.9 million in the previous year.
Adjusted earnings per share were $0.27 versus $1.51 last year.
Adjusted EBITDA slid 42.1 percent to $213.8 million from $369.2 million in the prior year.
Income from operations declined to $16.52 million from $184.44 million in the prior year.
Net sales decreased to $3.29 billion from $3.66 billion in the previous year.
Looking ahead, the company expects full year 2026 net sales to range between $14.6 billion and $15.6 billion.
Adjusted EBITDA full year 2026 between $1.1 billion and $1.5 billion with margin of 7.5% to 9.6%.
In the pre-market trading, Builders FirstSource is 1.60% lesser at $82.02 on the New York Stock Exchange.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.