Installed Building Products, Inc. (IBP) Income Statement
IBP 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIBP revenue and net income
Where IBP's revenue goes
2025Each bar shows an amount and its share of revenue. IBP kept 8.9% of revenue as net income.
IBP profit margins
IBP growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.0% | +3.6% | +12.4% | +16.2% |
| Gross profit | +1.5% | +6.8% | +14.6% | +18.3% |
| Operating income | +1.0% | +3.8% | +19.0% | +24.0% |
| Net income | +3.4% | +5.9% | +22.2% | +25.9% |
| EPS (diluted) | −0.1% | +7.2% | +20.5% | +28.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IBP quarterly EPS vs estimates
Installed Building Products beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 4, 2026 (estimate $2.74).
IBP income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.97B | $2.94B | $2.78B | $2.67B | $1.97B | $1.65B | $1.51B | $1.34B | $1.13B | $863.0M |
| Cost of revenue | $1.96B | $1.95B | $1.85B | $1.84B | $1.38B | $1.14B | $1.08B | $964.8M | $808.9M | $610.5M |
| Gross profit | $1.01B | $994.5M | $930.7M | $827.8M | $589.5M | $510.0M | $434.8M | $371.6M | $324.0M | $252.4M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $581.8M | $564.6M | $515.0M | $454.7M | $364.4M | $319.6M | $289.1M | $250.3M | $219.0M | $175.1M |
| Total operating expenses | $622.9M | $612.0M | $561.6M | $482.4M | $401.6M | $348.1M | $313.7M | $278.4M | $249.8M | $186.4M |
| Operating income | $386.4M | $382.5M | $369.1M | $345.4M | $187.9M | $161.9M | $121.2M | $93.2M | $74.3M | $66.0M |
| Interest income | $31.7M | $36.9M | $37.0M | $41.6M | $32.8M | $30.3M | $28.1M | $20.5M | $17.4M | $6.2M |
| Interest expense | $31.7M | $36.9M | $37.0M | $41.6M | $32.8M | $30.3M | $28.1M | $20.5M | $17.4M | $6.2M |
| Income before taxes | $357.0M | $346.4M | $333.1M | $303.3M | $155.5M | $131.2M | $92.6M | $72.2M | $55.8M | $59.6M |
| Income taxes | $91.6M | $89.8M | $89.4M | $79.9M | $36.7M | $33.9M | $24.4M | $17.4M | $14.7M | $21.2M |
| Net income | $265.4M | $256.6M | $243.7M | $223.4M | $118.8M | $97.2M | $68.2M | $54.7M | $41.1M | $38.4M |
| EBITDA | $533.6M | $517.8M | $495.8M | $462.6M | $288.1M | $249.5M | $199.8M | $151.4M | $128.3M | $100.6M |
| EPS (diluted) | $11.03 | $11.04 | $10.28 | $8.96 | $5.40 | $4.34 | $3.29 | $2.67 | $2.03 | $1.37 |
| Gross margin | 34.0% | 33.8% | 33.5% | 31.0% | 29.9% | 30.8% | 28.8% | 27.8% | 28.6% | 29.3% |
| Operating margin | 13.0% | 13.0% | 13.3% | 12.9% | 9.5% | 9.8% | 8.0% | 7.0% | 6.6% | 7.7% |
| Net margin | 8.9% | 8.7% | 8.8% | 8.4% | 6.0% | 5.9% | 4.5% | 4.1% | 3.6% | 4.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $777.8M | $660.5M | $747.5M | $778.2M | $760.3M | $684.8M | $750.2M | $760.6M | $737.6M | $692.9M | $720.7M | $706.5M |
| Cost of revenue | $518.9M | $448.2M | $486.0M | $514.0M | $500.4M | $461.1M | $498.4M | $503.8M | $486.2M | $458.4M | $475.0M | $464.4M |
| Gross profit | $258.9M | $212.3M | $261.5M | $264.2M | $259.9M | $223.7M | $251.8M | $256.8M | $251.4M | $234.5M | $245.7M | $242.1M |
| Sales, general & admin | $153.8M | $144.2M | $141.9M | $147.3M | $148.8M | $143.8M | $142.5M | $145.0M | $140.6M | $135.4M | $137.3M | $128.8M |
| Total operating expenses | $164.3M | $154.7M | $152.7M | $157.4M | $158.9M | $153.9M | $153.3M | $155.5M | $156.6M | $146.6M | $148.1M | $139.8M |
| Operating income | $94.6M | $57.6M | $108.8M | $106.8M | $101.0M | $69.8M | $98.5M | $101.3M | $94.8M | $87.9M | $97.6M | $102.3M |
| Interest income | — | — | $8.2M | $6.9M | $8.3M | $8.3M | $9.1M | $7.7M | — | — | — | $9.7M |
| Interest expense | $10.5M | $10.3M | $8.2M | $6.9M | $8.3M | $8.3M | $9.1M | $7.7M | $8.2M | $11.9M | $7.8M | $9.7M |
| Income before taxes | $85.1M | $47.1M | $102.0M | $100.3M | $93.4M | $61.3M | $89.4M | $93.9M | $86.7M | $76.4M | $90.3M | $92.8M |
| Income taxes | $20.2M | $12.3M | $25.4M | $25.9M | $24.4M | $15.9M | $22.5M | $25.3M | $21.5M | $20.5M | $25.4M | $24.8M |
| Net income | $64.9M | $34.8M | $76.6M | $74.4M | $69.0M | $45.4M | $66.9M | $68.6M | $65.2M | $55.9M | $64.8M | $68.0M |
| EBITDA | $134.0M | $95.1M | $148.4M | $143.1M | $137.3M | $104.8M | $133.8M | $135.3M | $128.3M | $120.4M | $129.7M | $134.1M |
| EPS (diluted) | $2.74 | $1.79 | $3.10 | $3.04 | $2.81 | $2.08 | $2.88 | $2.85 | $2.84 | $2.47 | $2.72 | $2.79 |
| Gross margin | 33.3% | 32.1% | 35.0% | 34.0% | 34.2% | 32.7% | 33.6% | 33.8% | 34.1% | 33.8% | 34.1% | 34.3% |
| Operating margin | 12.2% | 8.7% | 14.6% | 13.7% | 13.3% | 10.2% | 13.1% | 13.3% | 12.9% | 12.7% | 13.5% | 14.5% |
| Net margin | 8.3% | 5.3% | 10.2% | 9.6% | 9.1% | 6.6% | 8.9% | 9.0% | 8.8% | 8.1% | 9.0% | 9.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IBP's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IBP financial results
In fiscal year 2025 (ended December 31, 2025), Installed Building Products reported revenue of $3.0 billion, up 1.0% from the year before. It had net income of $265.4 million (up 3.4%), a net profit margin of 8.9%. Diluted earnings per share came to $11.03. Over five years revenue grew at an average rate of 12.4% a year.
See the IBP stock overview for the latest quote and news, or the IBP chart for price history and technical indicators.
IBP income statement FAQ
What is Installed Building Products's annual revenue?
Installed Building Products reported total revenue of $3.0 billion for fiscal year 2025, which ended on December 31, 2025. That was up 1.0% from $2.9 billion the previous year.
Is Installed Building Products profitable?
Yes. Installed Building Products reported net income of $265.4 million in fiscal 2025, a net profit margin of 8.9%; its operating margin was 13.0%.
What is Installed Building Products's gross margin?
Installed Building Products's gross margin was 34.0% in fiscal 2025: for every $100 of revenue, Installed Building Products kept $34 after the direct cost of its products and services.
How fast is Installed Building Products growing?
Revenue grew 12.4% a year on average over the last five fiscal years, from $1.7 billion to $3.0 billion.
What are Installed Building Products's earnings per share?
Installed Building Products earned $11.03 per diluted share in fiscal 2025, compared with $11.04 a year earlier.
When will Installed Building Products report its next earnings?
Installed Building Products is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Installed Building Products's fiscal year end?
Installed Building Products's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.