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Taiga Building Products (TBL) Q1 2025 earnings summary

Event summary combining transcript, slides, and related documents.

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Q1 2025 earnings summary

6 Oct, 2026

Executive summary

  • Q1 sales increased 2% YoY on higher average pricing and product mix, while lower gross margin drove declines in net earnings and EBITDA.

Financial highlights

  • Sales were $399.9M versus $393.6M YoY; the $6.3M increase reflected higher average pricing and product mix.

  • Gross margin fell to $37.5M from $42.0M, amid more challenging selling conditions and foreign-exchange fluctuations.

  • Net earnings decreased to $9.8M from $12.8M; income tax expense was $3.4M versus $4.7M.

Key financial ratios and metrics

  • Basic net earnings per share were $0.09 versus $0.12 YoY.

  • EBITDA was $16.7M versus $19.8M YoY.

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