CRH earnings analysis
What we found in CRH's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
CRH's Q1 2026 results show a 9% increase in revenues to $7.4 billion year-over-year, but the company also reported a wider net loss of $180 million compared to $98 million a year earlier. Despite missing EPS estimates at -$0.27, management is optimistic about underlying demand and reaffirmed its expectations for FY26, projecting net income between $3.9 billion and $4.1 billion and Adjusted EBITDA between $8.1 billion and $8.5 billion.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Up 9% Year-over-Year
- Q1 2026 revenues increased to $7.4 billion from $6.76 billion in Q1 2025.
- Improved Adjusted EBITDA
- Adjusted EBITDA reached $586 million, a year-over-year increase of 18%.
- Cash Returned to Shareholders
- CRH returned $0.3 billion to shareholders through buybacks, maintaining prior year levels.
- Higher Acquisitions Impacting Growth
- Five acquisitions completed in Q1 2026, contributing to growth despite a total cash consideration of only $0.1 billion.
- Continued Positive Demand Outlook
- Management expects favorable underlying demand across key end-markets, driven by public infrastructure investment.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Wider Net Loss
- Net loss increased to ($180) million from ($98) million in the prior year.
- Higher Debt Costs
- Interest expense rose by $22 million, totaling $203 million for the quarter.
- Adverse Weather Impact
- Severe weather conditions negatively affected operations and residential new-build demand.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $-0.27
- Gross margin
- 27.7%
- Segment
- Americas Materials Solutions
- Segment
- Americas Building Solutions
- Segment
- International Solutions
What they said about what is next.
Management affirmed full-year guidance for net income of $3.9 billion to $4.1 billion.
The filing reads about the same as the one before it.
What came before.
- 10-K · February 18, 2026
- CRH reported a record fiscal year in 2025 with Total revenues of $37.447 billion, Net income of $3.790 billion and diluted EPS of $5.51 while generating strong operating cash flow of $5.625 billion (FCF approx. $2.912…
- 10-Q · November 5, 2025
- CRH reported quarterly revenue of $11,069 million (Q3 2025) and diluted EPS of $2.21, up from $10,515 million and $1.97 in Q3 2024. Gross profit improved to $4,309 million and operating income increased to $2,081…
- 10-Q · August 6, 2025
- CRH reported Q2 revenue of $10,206 million and diluted EPS of $1.94, marginally beating consensus (EPS beat vs est. $1.90). Gross profit was $4,026 million and operating income $1,935 million, leaving operating margins…
- 10-Q · November 7, 2024
- CRH reported Q3 revenue of $10,515 million (up $387 million vs Q3 2023) and diluted EPS of $1.97 (up from $1.80 a year ago). Gross profit and operating income improved to $4,059 million and $1,964 million respectively,…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
Read the next one first.
We read every filing CRH makes the day it lands, and put it next to what the options market did about it. Members get both, and an alert when a filing arrives.
Cancel anytime · Month to month · Switch tiers whenever