BuildDirect Reports Second Quarter 2026 Financial Results
* Revenue increased 16.6% to $19.7M in Q2 2026 compared to $16.9M in Q2 2025. * Gross profit increased 14.7% to $7.7M in Q2 2026 compared to $6.7M in Q2 2025. * Gross margin of 39.2% in Q2 2026 compared to 39.9% in Q2 2025. * Sequentially, revenue increased 34.7% and gross profit increased 31.4% in Q2 2026 compared to Q1 2026, with Adjusted EBITDA improving to $0.4M in Q2 2026 from $(0.3)M in Q1 2026. * Generated positive operating cash flow of $0.45M in Q2 2026. * Completed the acquisition of Tile Outlets of America ("TOA"), adding three specialty tile retail showrooms in Tampa, Sarasota and Fort Myers, Florida. * Pro Centers represented 77% of consolidated revenue during Q2 2026. * Company to host Second Quarter 2026 financial results conference call on Wednesday, August 26 at 1:15 PM PDT / 4:15 PM EDT. BuildDirect reports in U.S. dollars and in accordance with IFRS Accounting Standards.
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