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Quanex Building Products
Quanex Building Products (NX) investor relations material
Quanex Building Products Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary6 Mar, 2026
Executive summary
Q1 2026 performance was in line with expectations amid soft market conditions and typical seasonal headwinds, with ongoing macroeconomic and geopolitical challenges impacting consumer confidence and demand.
Net sales grew 2.3% year-over-year to $409.1 million for the quarter ended January 31, 2026, driven by foreign exchange translation and tariff pass-throughs.
Gross margin improved to 24.1% from 23.1% year-over-year, reflecting pricing actions and operational efficiencies.
Reported net loss narrowed to $4.1 million from $14.9 million in the prior year quarter; adjusted net loss was $0.3 million versus adjusted net income of $9.0 million last year.
Strategic focus remains on operational improvements, new product development, and targeted bolt-on acquisitions to support growth.
Financial highlights
Net sales for Q1 2026 were $409.1 million, up 2.3% year-over-year, mainly due to FX translation and tariff pass-through.
Adjusted EBITDA was $27.4 million, down from $38.5 million year-over-year, with margin declining to 6.7% from 9.6%.
Gross profit rose to $98.5 million from $92.3 million year-over-year.
Cash used by operating activities was $20.2 million; free cash flow was -$31.5 million, both reflecting typical Q1 seasonality and the impact of the Tyman acquisition.
Reported net loss was $4.1 million ($0.09 per diluted share), improved from a $14.9 million loss ($0.32 per share) in Q1 2025.
Outlook and guidance
Fiscal 2026 net sales expected at $1.84–$1.87 billion, with adjusted EBITDA of $240–$245 million.
Gross margin projected at 28–28.5%, SG&A at $295–$300 million, CapEx at $70–$75 million, and free cash flow around $100 million.
Q2 2026 revenue expected to rise 12–14% sequentially, with adjusted EBITDA margin up 500–550 basis points.
Second half of 2026 anticipated to show margin expansion, especially as Monterrey plant issues are resolved.
Focus remains on cash generation, debt repayment, and opportunistic share repurchases.
Monterrey plant cost recovery timeline
Tyman cash cycle impact on H1 leverage ratio
Extruded Solutions volume decline drivers
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Next Quanex Building Products earnings date
Q2 20265 Jun, 2026
Quanex Building Products
Next Quanex Building Products earnings date
Q2 20265 Jun, 2026
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Frequently asked questions
Quanex Building Products Corporation manufactures and supplies components for the fenestration industry worldwide. It operates through Engineered Components, and Window and Door Segments. The company provides window and door screens, vinyl extrusions, cabinet doors for the kitchen and bath industry, doorlites, precision-formed metal, flexible insulating glass spacers, custom extruded trim and gaskets, component profiles, flexible PVC physical vapor deposition films and tapes, magnetic door seals for weather-stripping applications. The company was founded in 1927 and is based in Houston, Texas.
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