)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Installed Building Products (IBP) investor relations material
Installed Building Products Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary5 Nov, 2025
Executive summary
Achieved record Q3 2025 net revenue of $778.2 million, up 2.3% year-over-year, with net income rising 8.5% to $74.4 million and adjusted EBITDA up 5.7% to $139.9 million.
Net revenue for the last twelve months ended September 30, 2025, was $2,973.5 million, a 1% increase over the prior year.
Adjusted EBITDA for the LTM was $508.3 million (17.1% margin); adjusted net income reached $305.4 million (10.3% margin).
Maintained a national platform with over 250 locations, serving all 48 continental states and DC.
Focused on growing earnings and cash flow, returning $213 million to shareholders via dividends and buybacks in the first nine months of 2025.
Financial highlights
Q3 2025 consolidated net revenue rose 2.3% year-over-year to $778.2 million, with gross profit up 2.9% to $264.2 million and gross margin at 34.0%.
Adjusted EBITDA reached $140 million (18% margin), and adjusted net income was $86.4 million or $3.18 per diluted share.
Net income for Q3 2025 was $74.4 million, with diluted EPS of $2.74.
Cash flow from operations for the first nine months increased to $307 million.
Free cash flow for LTM Q3 2025 was $304.4 million.
Outlook and guidance
Residential housing starts expected to be flat in 2026 versus 2025, remaining above the 2017–2021 average.
Long-term outlook targets over $100 million of acquired revenue annually and mid-teens adjusted EPS growth, though 2025 may fall short due to acquisition timing.
Q4 2025 expected to face revenue headwinds, especially in single-family and multifamily, with gross margin in the 32%-34% range.
Management remains optimistic about long-term opportunities in residential and commercial end markets despite ongoing cyclicality.
What caused the 2025 acquisition revenue shortfall?
What drives divergent residential/commercial growth?
What fuels the strong 'Other' segment revenue growth?
Multifamily rebound timing shift to late 2026
Heavy commercial growth strategy
Impact of customer mix on performance
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Installed Building Products earnings date
Q4 202526 Feb, 2026
Next Installed Building Products earnings date
Q4 202526 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Installed Building Products, Inc. is a U.S.-based company specializing in the installation of insulation and complementary building products. The company serves residential and commercial markets, offering services such as the installation of garage doors, rain gutters, fireplaces, shower doors, and closet shelving. IBP focuses on new construction and retrofit projects, working with homebuilders, contractors, and property owners to deliver energy-efficient and customized solutions. The company is headquartered in Columbus, Ohio, and its shares are listed on the New York Stock Exchange (NYSE).
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage