10-Q · January 29, 2026
CSW Industrials reported disappointing Q3 results for the period ending December 31, 2025, with revenues of $233 million, a drop from both the previous quarter and a significant miss against consensus estimates of $250…
Earnings analysis · 10-K
CSW earnings analysis
Filed May 26, 2026 · Our reading of the company's report
The latest report
CSW Industrials reported a substantial increase in net revenue to $1.08 billion for the year ending March 31, 2026, driven by significant growth in the Contractor Solutions segment, offset partially by declines in…
Read full summary
CSW Industrials reported a substantial increase in net revenue to $1.08 billion for the year ending March 31, 2026, driven by significant growth in the Contractor Solutions segment, offset partially by declines in margins and an impairment of goodwill. The company faced operational challenges, reflected in higher impairment expenses, while also pursuing strategic acquisitions to enhance its market position.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Segment
- Contractor Solutions
- Segment
- Specialized Reliability Solutions
- Segment
- Engineered Building Solutions
What stood out
-
Record Revenue Growth
Net revenue climbed to $1.08 billion, a 23.2% increase from $878 million in 2025.
-
Strong Segment Performance
Contractor Solutions generated $802.7 million in revenue, up from $609.7 million, contributing significantly to overall growth.
-
Capital Investments for Growth
$17.3 million spent on capital expenditures aimed at automation and capacity growth in 2026.
-
Debt Restructuring
Successfully entered a Fourth Credit Agreement establishing a $600 million Senior Secured Term Loan A and a $700 million Revolving Credit Facility.
-
Effective Tax Rate Improvement
The effective tax rate decreased to 22.5% from 23.7% in the previous year, reflecting better tax management.
-
Continued Share Buybacks
Repurchased 503,076 shares for $127.5 million under an increased share repurchase program.
What to watch
-
Goodwill Impairment
Recorded an impairment of $7.5 million concerning the Greco business due to valuation declines.
-
Increasing Debt Levels
As of March 31, 2026, total debt rose to $871.5 million, with potential cash flow implications.
-
Tariff and Trade Risks
Geopolitical tensions continue to impact costs; recent U.S. tariffs may affect profitability.
Management's outlook
Annual outlook deferred to earnings press release / call.
Earlier filings 4
10-Q · October 30, 2025
CSW Industrials reported a revenue of $276.95 million for Q2 2025, a 21.5% increase year-over-year, driven by acquisitions, despite a decline in organic revenue. The company's EPS of $2.96 exceeded expectations, marking…
10-Q · July 31, 2025
CSW Industrials, Inc. reported a strong revenue growth of 16.6% in its Q1 FY2026, driven primarily by recent acquisitions. However, profitability metrics such as gross margin and operating margin showed declines…
10-K · May 22, 2025
CSW Industrials, Inc. showed strong revenue growth in fiscal year 2025, reporting revenues of $878.3 million, a 10.8% increase from the previous year, primarily driven by acquisitions and organic growth. Operating…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.