BuildDirect.com Technologies (BILD) Q4 2025 earnings summary

Executive summary

• Full-year revenue grew 1.1% to $66.2 million, with gross margin expanding by 170 basis points to 40.4%.

• Adjusted EBITDA rose 39% to $3.1 million, and operating cash flow increased to $2.36 million.

• Liquidity strengthened with $8.2 million in cash and working capital up to $8.8 million after a $5.2 million equity raise.

• Pro Center segment drove 81% of Q4 revenue and remains the main growth engine.

• Acquisition of Greyne in February 2026 enhances omnichannel capabilities and e-commerce reach.

Financial highlights

• FY 2025 gross profit was $26.7 million, up 5.5% year-over-year.

• Q4 2025 revenue was $16.2 million, with gross margin rising to 41.7%.

• Q4 adjusted EBITDA reached $0.9 million, up 140% year-over-year.

• FY 2025 comprehensive loss widened to $2.33 million from $1.25 million in FY 2024.

• Total assets increased to $38.2 million, and shareholders’ equity rose to $6.1 million.

Outlook and guidance

• Near-term softness expected in Q1 2026 due to macro headwinds and tariff-related cost pressures.

• Focused on M&A opportunities, especially in flooring, viewing current market softness as a buying opportunity.

• Integration of Greyne Custom Wood expected to deliver $405,000 in annual cost savings.

• Priorities for 2026 include scaling Pro Centers, expanding e-commerce, and pursuing margin-accretive acquisitions.

• Management expects continued growth in specialty building materials despite macro headwinds.