AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
GMS Inc. Reports Q1 Fiscal 2026 Earnings: Net Sales Down 2.4%, Adjusted EBITDA at $135.49 Million.
ByAinvest
Friday, Aug 29, 2025 3:18 am ET1min read
GMS Inc. reported Q1 fiscal 2026 earnings with net sales of $1.41 billion, slightly down from $1.45 billion last year. Adjusted EBITDA was $135.49 million, with a margin of 9.6%. The company saw growth in its ceilings product group, but declines in other segments. Net income decreased to $43.56 million, and cash and cash equivalents decreased to $39.93 million. GMS Inc. remains committed to strategic growth initiatives and maintaining strong customer relationships.
GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, recently reported its financial results for the fiscal first quarter ended July 31, 2025. The company reported net sales of $1,414.3 million, a slight decrease of 2.4% compared to the same period last year. Adjusted EBITDA was $135.49 million, representing a 9.6% margin, slightly lower than the 10.1% margin reported in the prior year [1].Key highlights of the quarter include:
- Net Sales: Net sales decreased by $1,414.3 million to $1,414.3 million, compared to $1,448.456 million in the same period last year. The decline was primarily driven by a 6.8% decrease in the Wallboard segment, while the Ceilings segment saw a 6.6% increase [1].
- Adjusted EBITDA: Adjusted EBITDA was $135.49 million, down from $145.881 million in the prior year. The margin decreased to 9.6% from 10.1% [1].
- Net Income: Net income decreased to $43.56 million from $57.248 million in the same period last year. This was largely due to a decrease in the Wallboard and Complementary Products segments [1].
- Cash and Cash Equivalents: Cash and cash equivalents decreased to $39.931 million from $55.599 million. The decrease was primarily due to cash used in operating activities and investing activities [1].
GMS Inc. remains committed to strategic growth initiatives and maintaining strong customer relationships. The company's focus on strategic growth and operational efficiency is expected to support future performance.
References:
[1] GMS Inc. (2025). GMS Reports First-Quarter Fiscal 2026 Results. Retrieved from https://investor.gms.com/news/news-details/2025/GMS-Reports-First-Quarter-Fiscal-2026-Results/default.aspx
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet