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Nov 29, 2025
Apogee Enterprises Q3 2026 Earnings Report
Apogee reported a modest revenue increase but faced lower net income and earnings per share compared to the prior year.
Key Takeaways
Apogee Enterprises delivered Q3 results with a 2.1% revenue increase, supported by inorganic growth from the UW Solutions acquisition. However, net income and EPS declined due to volume and cost pressures, including restructuring and CEO transition costs.
Revenue rose 2.1% year-over-year to $348.6 million.
Adjusted EPS was $1.02, down from $1.19 last year.
Net income declined 21.2% to $16.5 million.
Growth was driven by UW Solutions acquisition despite weaker volumes and higher aluminum and health costs.
Revenue by Segment
Forward Guidance
Apogee lowered its FY26 outlook with EPS impacted by tariffs and restructuring costs, while maintaining growth in adjusted EPS.
Positive Outlook
- Adjusted EPS expected in range of $3.40 to $3.50
- Capital expenditures projected at $25M–$30M
- Ongoing cost savings from Project Fortify Phase 2
- Expansion in Performance Surfaces from UW acquisition
- Strong balance sheet with reduced leverage ratio to 1.4x
Challenges Ahead
- Diluted EPS expected to decline to $2.49–$2.65
- Approximately $0.30 EPS impact from tariffs
- Higher restructuring charges ($28M–$29M expected)
- Ongoing volume and pricing pressure in core segments
- CEO transition-related costs impacting earnings
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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