10-Q · August 8, 2025
Simpson Manufacturing reported Q2 net sales of $631,055,000 and diluted EPS of $2.47 (three months ended June 30, 2025). Revenue and operating margin improved both year-over-year and sequentially, supported by higher…
Earnings analysis · 10-Q
SSD earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Simpson Manufacturing reported a strong Q1 2026 with revenues of $587.96 million, up 9.1% year-over-year, and EPS of $2.13, reflecting a 15.1% increase compared to the same quarter last year. The North America segment…
Read full summary
Simpson Manufacturing reported a strong Q1 2026 with revenues of $587.96 million, up 9.1% year-over-year, and EPS of $2.13, reflecting a 15.1% increase compared to the same quarter last year. The North America segment drove growth primarily through price increases while Europe faced challenges with operating income declining due to higher costs and lower volumes. Management anticipates continued pressure from tariffs and market conditions but maintains a stable outlook for operating margins.
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.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
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
- Earnings per share
- $2.13
- Segment
- North America
- Segment
- Europe
- Segment
- Asia/Pacific
What stood out
-
Revenue Growth of 9.1% YoY
Net sales reached $587.96 million in Q1 2026, up from $538.9 million in Q1 2025.
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EPS Surged 15.1%
Diluted EPS increased to $2.13 from $1.85 in the prior year.
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Strong Performance in North America
Net sales in North America grew 9.8%, attributed mainly to price increases implemented in 2025.
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Adjusted EBITDA Rose 14.1%
Adjusted EBITDA increased to $139.36 million from $122.17 million year-over-year.
-
Operating Cash Flow Improved
Operating activities generated $35.55 million in Q1 2026, versus $7.56 million in Q1 2025.
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Increased Cash Reserves
Cash and cash equivalents rose to $341.01 million from $150.29 million year-over-year.
What to watch
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Pressure from Tariffs
Management highlighted potential adverse effects of existing tariffs announced in 2025 that could impact margins.
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Europe Segment Decline
Operating income in Europe decreased by $2.2 million due to lower sales volumes amid unfavorable weather conditions.
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Inventory Management Challenges
Cash flow implications and increased costs related to inventory management due to fluctuating raw material prices.
Management's outlook
Management reiterated their operating margin forecast of 19.5% to 20.5%, including expected gains from land sales.
Earlier filings 4
10-K · March 3, 2025
Simpson Manufacturing positions itself as a category leader in structural connectors with a diversified product portfolio (wood, concrete, fasteners) and an expanding software/digital offering, emphasizing delivery…
10-Q · November 12, 2024
Simpson Manufacturing reported Q3 net sales of $587,153,000 and diluted EPS of $2.21. Revenue was up modestly versus the prior-year quarter but gross profit, operating income and EPS declined versus prior year; the…
10-Q · August 7, 2024
Simpson Manufacturing reported essentially flat quarterly revenue of $596,978 (three months ended June 30, 2024) versus $597,580 a year ago, while diluted EPS declined to $2.31 from $2.50 in the prior-year quarter.…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.