Simpson Manufacturing Co., Inc. reported third-quarter 2026 net sales of $638.1 million, up 2.3%, and net income of $109.1 million versus $107.4 million, while steel prices above 50% pressured gross margin to 45.7%.
SSD · Simpson Manufacturing Co., Inc.
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Simpson Manufacturing reported third-quarter net sales of $638.1 million, up 2.3%, and adjusted EBITDA of $167.2 million, up 7.4%; it expects full-year operating margin of 20.0 to 20.5 percent and authorized a $1 billion share repurchase.
Simpson Manufacturing Co., Inc. reported third-quarter net sales of $638.1 million, up 2.3% year-over-year, and diluted EPS of $2.68, up 3.9%. Its Board approved a $1.0 billion share repurchase authorization with no expiration date, superseding the prior $200.0 million authorization.
Simpson Manufacturing Co., Inc. said its unimproved Stockton, California land sale closed in the fourth quarter of 2026, so the net gain on disposal and related operating-income effect will be recognized in the fourth quarter; full-year 2026 guidance remains unchanged.
Metrics snapshot
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Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Jul 27, 2026TL;DR. Simpson Manufacturing posted Q2 2026 net sales of $671.1 million (+6.3% YoY), operating margin of 25.2% (+300 bps) aided by a $5.5M eminent-domain gain, and adjusted EBITDA of $196.1 million (+22.6%), but narrowed full-year operating margin guidance to 19.7%–20.5% as rising steel costs, tariffs, and lapped pricing actions pressure the back half.
- + Net sales rose 6.3% YoY to $671.1M with operating margin expanding 300 bps to 25.2%
- + Europe delivered record operating margin of 13.7% on 7.6% sales growth and 3% volume growth
- + Adjusted EBITDA grew 22.6% to $196.1M (29.2% margin) and diluted EPS rose 25.1% to $3.09
- + Board raised 2026 share repurchase authorization by $50M to $200M, signaling capital return commitment
- − Company does not expect to maintain H2 2026 revenue growth and profitability as pricing laps and steel costs rise
- − Full-year operating margin guidance narrowed to 19.7%–20.5% with lower gross margin expected from steel, tariffs, and depreciation
- − Q2 volume declined ~1% globally and U.S. housing starts expected down low single digits in 2026
- − Residential and commercial business volumes declined modestly amid persistent affordability pressure and cautious customers
- − Foreign exchange risk and $3M deferred comp drag plus $2M higher incentive comp increased operating expenses
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
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Guidance & track record
Still-open targets the latest release did not restate under the same label.
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Technicals
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Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $196.1M | three months ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net Income 127.04M
+43.85M Provision for income taxes
-4.2M Interest (income) expense, net and other financing costs
+25.44M Depreciation and amortization
+3.95M Other
= Adjusted EBITDA 196.08M
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Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Lumber & Wood Production — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SSD
this stock
Simpson Manufacturing Co., Inc.
|
$8.03B | +22.6% | +4.5% | 21.4 | 4.0% |
|
WFG
West Fraser Timber Co., Ltd
|
$5.18B | +8.2% | — | — | 3.1% |
|
UFPI
Ufp Industries Inc
|
$4.34B | -12.7% | +21.6% | 19.3 | 4.2% |
|
BCC
BOISE CASCADE Co
|
$2.35B | -8.4% | +12.7% | — | 4.1% |
|
JCTC
Jewett Cameron Trading Co Ltd
|
$10.21M | +28.9% | -12.4% | — | 0.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 5, 2026
- This year
- 13
Simpson Manufacturing Co., Inc. reported third-quarter 2026 net sales of $638.1 million, up 2.3%, and net income of $109.1 million versus $107.4 million, while steel prices above 50% pressured gross margin to 45.7%.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SSD | +0.6% | +12.2% | +4.5% | +2.4% | +22.6% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | -2.0% | +13.4% | +4.0% | +2.6% | +12.0% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.