Simpson Manufacturing Co., Inc. Announces 2026 Third Quarter Financial Results and Updates 2026 Guidance
Key Highlights
- ➤Q3 net sales $638.1 million, up 2.3% year-over-year
- ➤Q3 diluted EPS $2.68, up 3.9% year-over-year
- ➤2026 operating margin outlook set at 20.0% to 20.5%
- ➤New $1.0 billion share repurchase authorization supersedes $200.0 million
- ➤Q3 share repurchases totaled $66.3 million at $188.25 average per share
Expert Statements
Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc.
“Our third quarter performance reflects the resilience of our business and continued progress against our key growth initiatives despite a challenging market environment”
Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc.
“Net sales increased 2.3% year-over-year to $638.1 million, supported by our pricing actions, while global volumes remained relatively flat.”
Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc.
“We continued to outperform the majority of our relevant end markets and delivered solid growth across several key areas, including residential, commercial, OEM, and component manufacturer.”
Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc.
“Our teams are continuing to strengthen our position with customers through differentiated product solutions, software and service, while advancing opportunities across a broader range of applications.”
Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc.
“We also maintained a strong operating margin of 22.1%, demonstrating disciplined cost management and execution despite higher steel costs.”
Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc.
“Looking ahead, demand for our value-added solutions remains encouraging, although we are navigating a more challenging near-term operating environment characterized by housing affordability pressures, higher steel costs and tighter steel availability.”
Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc.
“We remain disciplined in our approach to pricing and cost management while maintaining the reliable supply, service and technical support our customers expect from Simpson.”
Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc.
“As we look at 2027, we expect to take additional pricing actions to address the evolving cost environment.”
Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc.
“We believe the strength of our customer relationships, differentiated market position and continued investments in our key growth initiatives position us well to navigate current market conditions while advancing our long-term growth objectives.”
Simpson Manufacturing Co., Inc. Announces 2026 Third Quarter Financial Results and Updates 2026 Guidance PR Newswire
* Net sales of $638.1 million increased 2.3% year-over-year * Income from operations of $141.0 million increased 0.2% year-over-year * Net income per diluted share of $2.68 increased 3.9% year-over-year * Repurchased $66.3 million of common stock during the quarter * Approved a new $1.0 billion share repurchase authorization * Declared a $0.30 per share dividend PLEASANTON, Calif., Oct. 26, 2026 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced its financial results for the third quarter of 2026. All comparisons below (which are generally indicated by words such as "increased," "decreased," "remained," or "compared to"), unless otherwise noted, are comparing the quarter ended September 30, 2026 with the quarter ended September 30, 2025. In the first quarter of 2026, the Company reclassified certain software amortization costs related to the Company's component manufacturing efforts from general and administrative expense to cost of sales. Additionally, for the year ended December 31, 2025, the Company reclassified certain quality assurance costs from general and administrative expense to cost of sales. The financial results for the three and nine months ended September 30, 2025 have been recast for comparison purposes and to conform to the current period classification, with $1.6 million and $4.6 million of costs being reclassified from general and administrative expense to cost of sales. The reclassification did not have any impact on the total income from operations.
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