{"id":959636,"date":"2026-05-07T07:33:55","date_gmt":"2026-05-07T11:33:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gibraltar-reports-first-quarter-2026-results\/"},"modified":"2026-05-07T07:33:55","modified_gmt":"2026-05-07T11:33:55","slug":"gibraltar-reports-first-quarter-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gibraltar-reports-first-quarter-2026-results\/","title":{"rendered":"Gibraltar Reports First Quarter 2026 Results"},"content":{"rendered":"

<\/p>\n

Gibraltar Reports First Quarter 2026 Results <\/b><\/p>\n

OmniMax integration accelerating<\/i><\/p>\n

Raising 2026 synergy commitment to $26M, $16M included in FY 2026 EBITDA Outlook<\/i><\/p>\n

Reaffirming full year 2026 guidance<\/i><\/p>\n

BUFFALO, N.Y.–(BUSINESS WIRE<\/a>)–
\nGibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the residential, agtech, and infrastructure markets, today reported its financial results for the three-month period ended March 31, 2026.<\/p>\n

\nAs a reminder, on June 30, 2025, Gibraltar announced that it has reclassified its Renewables business as discontinued operations to focus its asset portfolio and resources on its building products and structures businesses \u2013 namely the residential, agtech and infrastructure segments. On February 20, 2026, Gibraltar sold the electrical balance-of-systems (eBOS) business for $70 million in cash.<\/p>\n

\n\u201cThe first quarter was very busy with the closing of the OmniMax acquisition on February 2nd<\/sup> and the subsequent launch of our integration efforts across the combined business. There has been significant progress as our 22 integration planning teams have delivered over 500+ milestones in the last 90 days. We are accelerating key initiatives and have raised our synergy commitment again, adding another $2 million for 2026 to a total of $26 million of which $16 million is planned to be realized in full-year 2026 adjusted EBITDA. In parallel, we continued to navigate a slower Residential end market, deal with accelerating commodity inflation, and manage through some disruptive weather events in the quarter,\u201d stated Chairman and CEO Bill Bosway.<\/p>\n

\n\u201cIncluding two months of OmniMax, net sales increased 44.6% and adjusted EBITDA increased 16.1% while adjusted EPS was down 50% primarily driven by an increase in interest expense and unfavorable price material economics driven by significant increase in aluminum prices during the quarter. We executed price actions in both March and April across 14 of our residential brands and operating units, which we expect will create positive price material economics for us in the second quarter. We consumed cash in the quarter per our range of expectations and applied the $70 million of proceeds of the eBOS divestiture to debt reduction.\u201d<\/p>\n

First Quarter 2026 Results from Continuing Operations<\/b><\/p>\n\n\n\n\n\n\n\n\n\n
\n

\nThree Months Ended March 31,<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

2026<\/span><\/p>\n<\/td>\n

\n

2025<\/span><\/p>\n<\/td>\n

\n

Change<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

\nNet Sales<\/p>\n<\/td>\n

\n

\n$356.3<\/p>\n<\/td>\n

\n

\n$246.4<\/p>\n<\/td>\n

\n

\n44.6%<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted EBITDA<\/p>\n<\/td>\n

\n

\n$49.0<\/p>\n<\/td>\n

\n

\n$42.2<\/p>\n<\/td>\n

\n

\n16.1%<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet (Loss) \/ Income<\/p>\n<\/td>\n

\n

\n$(12.1)<\/p>\n<\/td>\n

\n

\n$23.1<\/p>\n<\/td>\n

\n

\nNMF<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted Net Income<\/p>\n<\/td>\n

\n

\n$13.5<\/p>\n<\/td>\n

\n

\n$27.3<\/p>\n<\/td>\n

\n

\n(50.5)%<\/p>\n<\/td>\n<\/tr>\n

\n

\nGAAP (Loss) \/ Earnings Per Share \u2013 Diluted<\/p>\n<\/td>\n

\n

\n$(0.40)<\/p>\n<\/td>\n

\n

\n$0.76<\/p>\n<\/td>\n

\n

\nNMF<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted EPS \u2013 Diluted<\/p>\n<\/td>\n

\n

\n$0.45<\/p>\n<\/td>\n

\n

\n$0.90<\/p>\n<\/td>\n

\n

\n(50.0)%<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

Net Sales<\/span><\/b><\/p>\n