Gibraltar Industries (ROCK) Q3 2026 earnings summary

Executive summary

• Q3 continuing-operations sales rose 54.3% to $479.6M, primarily reflecting OmniMax; adjusted EBITDA increased 62.5% to $83.5M.

• Adjusted EPS was $1.01, down 11.4% YoY; Residential demand weakened and Agtech project delays shifted revenue out of Q3 and H2.

• Portfolio simplification continued with completed Renewables divestitures and an agreement to sell D.S. Brown; sale proceeds are designated for debt reduction.

Financial highlights

• Adjusted operating income was $59.1M; adjusted EBITDA was $83.5M, or 17.4% of sales; adjusted net income was $30.1M.

• Continuing-operations net income was $20.6M versus $33.2M; GAAP diluted EPS was $0.69, including $9.9M of pretax acquisition and restructuring costs, or $0.32 per share.

• Consolidated net income was $11.7M, including an $8.9M discontinued-operations loss; prior-year net loss of $89.1M included a larger discontinued-operations impairment.

• Adjusted free cash flow was $8.0M, or 1.7% of sales, versus $48.5M a year earlier; working-capital timing and lower EBITDA weighed on cash.

Outlook and guidance

• FY2026 continuing-operations sales guidance is $1.64B–$1.66B; adjusted EBITDA is $242M–$249M, with a 14.7%–15.0% adjusted EBITDA margin.

• FY2026 continuing-operations GAAP diluted EPS guidance is $0.64–$0.79 and adjusted diluted EPS is $2.25–$2.40; free cash flow is expected at ~1% of sales.

• Including Infrastructure, FY2026 adjusted sales guidance is $1.73B–$1.75B, adjusted EBITDA is $264M–$271M, adjusted EPS is $2.70–$2.85, and free cash flow is ~2% of sales.

• Guidance includes ~$60M of special charges; Residential is assumed down 15% in H2, while more than $40M of Agtech revenue shifted out of H2 and related timing benefits moved into 2027.

• Outlook reflects weaker Q3 results, a lower Q4 outlook, and Infrastructure reclassification to discontinued operations; markets are not expected to strengthen near term.