Taiga Building Products (TBL) Q3 2025 earnings summary

Executive summary

• Q3 sales rose 2% YoY to $431.3M and gross margin increased to $48.2M; net earnings fell to $12.8M, while EBITDA was $21.8M.

• 9M sales rose 2% to $1,272.2M, while net earnings declined to $37.7M and EBITDA to $62.1M.

Financial highlights

• Q3 sales were $431.3M vs. $423.9M; gross margin was $48.2M vs. $45.5M YoY.

• Q3 net earnings were $12.8M vs. $14.3M; diluted per-share figures were $0.12 vs. $0.13.

• 9M sales were $1,272.2M vs. $1,245.3M; gross margin was $134.9M vs. $132.0M.

• 9M net earnings were $37.7M vs. $41.0M; net earnings per share were $0.35 vs. $0.38.

Key financial ratios and metrics

• Q3 gross margin was 11.2%, up from 10.7% YoY.

• Q3 EBITDA was $21.8M vs. $21.5M; 9M EBITDA was $62.1M vs. $64.0M YoY.