Gibraltar Reports Second Quarter 2026 Results

About this update from Gibraltar Industries, Inc.

Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the residential, agtech, and infrastructure markets, today reported its financial results for the three-month and six-month period ended June 30, 2026. As a reminder, Gibraltar reclassified its Renewables business as discontinued operations on June 30, 2025. Subsequently, the electrical balance-of-systems (eBOS) and racking and foundations businesses were sold on February 20, and July 15, 2026, respectively, completing Gibraltar’s divestiture of Renewables. “We delivered solid second quarter results with our Residential business driving good organic growth and participation gains in a flat-to-down market. Our building products business grew 12.7% organically - if you assume we owned OmniMax in Q2 2025, the combined business actually grew 15.5%, showing the strength of this combination in the marketplace. In line with our long-term strategic plan, our Residential business overall continues to become a larger part of our portfolio and represented 83% of total revenue in the quarter, with segment EBITDA margin improving sequentially 340 basis points to 19.0%. OmniMax integration continues to accelerate as our leadership team and integration management office drive our top 11 critical workstreams and synergy capture. We are also excited to announce we were recently awarded an additional 630 locations now making us the supplier of trims and flashings to more than 1,700 locations across the country for one of our customers – validating our ability to support our customers locally on a national basis with a value proposition that makes sense for them. We believe the addition of OmniMax to our product portfolio was instrumental in receiving this award,” stated Chairman and CEO Bill Bosway. “Including a full quarter of OmniMax, total Gibraltar net sales increased 64.6% on organic growth of 5%, adjusted EBITDA increased 59.7%, and we delivered adjusted EPS of $1.11. As expected, we generated cash in our continuing operations during the quarter.” Second Quarter 2026 Results from Continuing Operations Three Months Ended June 30,   2026 2025 Change Net Sales $509.5 $309.5 64.6% Net Income $27.3 $29.4 (7.1)% Adjusted Net Income $33.0 $33.6 (1.8)% Adjusted EBITDA $88.0 $55.1 59.7% GAAP Earnings Per Share – Diluted $0.92 $0.99 (7.1)% Adjusted EPS – Diluted $1.11 $1.13 (1.8)% Net Sales Driven primarily by the OmniMax acquisition as well as by organic growth in Residential and Agtech segments GAAP Income / EPS Includes pretax expenses of $5.8 million, or $0.15 per share, related to OmniMax acquisition integration and restructuring costs Adjusted Net Income / EPS $33.0 million, or $1.11 per share, including the interest expense impact of $20.6 million Price management actions and participation gains offset ongoing commodity and fuel inflation primarily related to ongoing geopolitical issues Adjusted measures are further described in the appended reconciliation of adjusted financial measures. Second Quarter Segment Results Residential ($Millions) Three Months Ended June 30,   2026 GAAP 2025 GAAP Change 2026 Adjusted 2025 Adjusted Change Net Sales $425.9 $230.3 84.9% $425.9 $230.3 84.9% Operating Income $60.5 $43.6 38.8% $63.6 $45.0 41.3% Operating Margin 14.2% 18.9% (470) bps 14.9% 19.5% (460) bps EBITDA N/A N/A N/A $80.9 $48.8 65.8% EBITDA Margin N/A N/A N/A 19.0% 21.2% (220) bps Net Sales OmniMax and metal roofing acquisitions contributed $184 million offset by slowness in mail and package Building Products organic revenue increased 12.7% - if assumed OmniMax was owned in Q2 2025, the combined business grew 15.5% Driven by price/mix and participation gains that more than offset a flat-to-down market with new business in the Midwest, Northeast and Texas. Operating Income / EBITDA Adjusted EBITDA margin expanded 340 basis points sequentially Executed price actions to offset ongoing commodity and fuel inflation OmniMax Integration Integration management office executing 11 critical workstreams to drive integration and synergies Completed Phase 2 of organization optimization Raised synergy commitment an additional $3.2 million to $29.4 million with $17.0 million anticipated to be realized in full-year 2026 Awarded national agreement to supply trims and flashings to over 600 locations – starting in Q4 – additional participation gains in Midwest, Northeast and Texas – demonstrating the power of a combined Gibraltar and OmniMax Agtech ($Millions) Three Months Ended June 30,   2026 GAAP 2025 GAAP Change 2026 Adjusted 2025 Adjusted Change Net Sales $58.8 $54.1 8.7% $58.8 $54.1 8.7% Operating Income $5.9 $(0.5) NMF $5.9 $3.0 96.7% Operating Margin 10.0% (0.9)% NMF 10.1% 5.6% 450 bps EBITDA N/A N/A N/A $8.1 $5.1 58.8% EBITDA Margin N/A N/A N/A 13.8% 9.5% 430 bps Net sales were driven by strength in structures and commercial greenhouse applications. Solid backlog of $66.2 million is down 34% with timing of projects later in the year compared to prior year. Strong quoting activity continues across end markets. Adjusted operating and EBITDA margin driven by volume, business mix, and 80/20 operating initiatives. Infrastructure ($Millions) Three Months Ended June 30,   2026 GAAP 2025 GAAP Change 2026 Adjusted 2025 Adjusted Change Net Sales $24.9 $25.2 (1.2)% $24.9 $25.2 (1.2)% Operating Income $5.8 $7.1 (18.3)% $5.8 $7.1 (18.3)% Operating Margin 23.5% 28.1% (460) bps 23.5% 28.1% (460) bps EBITDA N/A N/A N/A $6.3 $7.9 (20.3) % EBITDA Margin N/A N/A N/A 25.4% 31.2% (580) bps Sales decreased $0.3 million related to customer project timing. Order backlog increased 2% with strong engineering bid / quoting activity. Margin was impacted by lower volume and product mix. Balance Sheet and Cash Flow Gibraltar’s policy with respect to cash allocation will be to keep a minimum amount of cash on hand, use the revolver as needed to fund seasonal working capital and pay down debt with excess cash flow. During the quarter, Gibraltar generated $44.5 million from continuing operations; discontinued operations used $40.8 million in cash. Net debt on the balance sheet was $1.2 billion and revolving credit facility availability was $470 million at quarter-end. Reiterating 2026 Outlook Range for Continuing Operations Mr. Bosway added, “Despite the impact of the current macroeconomic and geopolitical environment and a slow Residential end market, we reiterate our full year 2026 outlook. We will continue to execute our 11 integration workstreams, implement synergy initiatives, and focus on participation gains with customers in our Residential business as we drive towards Residential representing an even larger part of the portfolio. The additional business we were recently awarded in our Residential segment demonstrates the power of a combined Gibraltar and OmniMax in the marketplace. We also expect Agtech and Infrastructure to deliver their respective plans for the second half of the year.” For the Twelve Months Ended December 31,   2026 2025 Net Sales (in billions) $1.76 - $1.83 $1.14 Adjusted EBITDA (in millions) $310 - $326 $185 Adjusted EBITDA Margin 17.6% - 17.8% 16.3% GAAP EPS – Diluted $2.40 - $2.80 $3.25 Adjusted EPS – Diluted $3.65 - $4.05 $3.92 Second Quarter 2026 Conference Call Details Gibraltar will host a conference call today starting at 9:00 a.m. ET to review its results for the second quarter of 2026. Interested parties may access the webcast through the Investors section of the Company’s website at www.gibraltar1.com , where related presentation materials will also be posted prior to the conference call. The call also may be accessed by dialing (877) 407-3088 or (201) 389-0927. For interested individuals unable to join the live conference call, a webcast replay will be available on the Company’s website for one year. About Gibraltar Gibraltar is a leading manufacturer and provider of products and services for the residential, agtech, and infrastructure markets. Gibraltar’s mission, to make life better for people and the planet, is fueled by advancing the disciplines of engineering, science, and technology. Gibraltar is innovating to reshape critical markets in comfortable living and productive growing throughout North America. For more please visit www.gibraltar1.com . Forward-Looking Statements Certain information set forth in this news release, other than historical statements, contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are based, in whole or in part, on current expectations, estimates, forecasts, and projections about the Company’s business, and management’s beliefs about future operations, results, and financial position. These statements are not guarantees of future performance and are subject to a number of risk factors, uncertainties, and assumptions. Actual events, performance, or results could differ materially from the anticipated events, performance, or results expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from current expectations include, among other things, the ability of Gibraltar to successfully integrate OmniMax and/or to achieve expected cost and operational synergies from the OmniMax transaction; tariffs and retaliatory tariffs imposed by the United States or other countries on imported goods, including raw materials used in the manufacturing of the Company’s products; changes to economic conditions and customer demand for the Company’s products; the availability and pricing of principal raw materials and component parts, supply chain challenges causing project delays and field operations inefficiencies and disruptions, the loss of any key customers, adverse effects of inflation, the ability to continue to improve operating margins, the ability to generate order flow and sales and increase backlog; the ability to translate backlog into net sales, other general economic conditions and conditions in the particular markets in which we operate, changes in spending due to laws and government incentives, such as the Infrastructure Investment and Jobs Act, changes in customer demand and capital spending, competitive factors and pricing pressures, the ability to develop and launch new products in a cost-effective manner, the ability to realize synergies from newly acquired businesses, disruptions to IT systems, the impact of trade and regulation, rebates, credits and incentives and variations in government spending and ability to derive expected benefits from restructuring, productivity initiatives, liquidity enhancing actions, and other cost reduction actions. Before making any investment decisions regarding the company, we strongly advise you to read the section entitled “Risk Factors” in the most recent annual report on Form 10-K which can be accessed under the “SEC Filings” link of the “Investor Info” page of the website at www.Gibraltar1.com . The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable law or regulation. Adjusted Financial Measures To supplement Gibraltar’s consolidated financial statements presented on a GAAP basis, Gibraltar also presented certain adjusted financial measures in this news release and its quarterly conference call, including adjusted net sales, adjusted operating income and margin, adjusted net income, adjusted earnings per share (EPS), free cash flow and adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) and Adjusted EBITDA margin, each a non-GAAP financial measure. Unless otherwise indicated, the consolidated financial statements, disclosures and related information disclosed herein relate to the Company's continuing operations, which exclude its Renewables business which was classified as a discontinued operation as of June 30, 2025. The Company has recast prior period amounts to reflect discontinued operations. Adjusted net income, operating income and margin exclude special charges consisting of restructuring costs (primarily comprised of exit activities costs and impairment of assets associated with 80/20 simplification, lean initiatives and / or discontinued products), acquisition related costs (legal and consulting fees, and integration costs for recent business acquisitions), and portfolio management. These special charges are excluded since they may not be considered directly related to the Company’s ongoing business operations. The aforementioned exclusions along with other adjustments to other income below operating profit are excluded from adjusted EPS. Adjusted EBITDA and Adjusted EBITDA margin further excludes interest, taxes, depreciation, amortization and stock compensation expense. In evaluating its business, the Company considers and uses these non-GAAP financial measures as supplemental measures of its operating performance. Free cash flow is operating cash flow less capital expenditures and the related margin is free cash flow divided by net sales. The Company believes that the presentation of adjusted measures and free cash flow provides meaningful supplemental data to investors, as well as management, that are indicative of the Company’s core operating results and facilitates comparison of operating results across reporting periods as well as comparison with other companies. Adjusted EBITDA and free cash flow are also useful measures of the Company’s ability to service debt and adjusted EBITDA is one of the measures used for determining the Company’s debt covenant compliance. Adjustments to the most directly comparable financial measures presented on a GAAP basis are quantified in the reconciliation of adjusted financial measures provided in the supplemental financial schedules that accompany this news release. These adjusted measures should not be viewed as a substitute for the Company’s GAAP results and may be different than adjusted measures used by other companies and the Company’s presentation of non-GAAP financial measures should not be construed as an inference that the Company’s future results will be unaffected by unusual or non-recurring items. Reconciliations of non-GAAP measures related to full-year 2026 guidance have not been provided due to the unreasonable efforts it would take to provide such reconciliations due to the high variability, complexity and uncertainty with respect to forecasting and quantifying certain amounts that are necessary for such reconciliations.   GIBRALTAR INDUSTRIES, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) (unaudited)     Three Months Ended June 30,   Six Months Ended June 30,   2026   2025   2026   2025 Net sales $ 509,547     $ 309,517     $ 865,834     $ 555,874   Cost of sales   377,470       221,682       654,886       398,186   Gross profit   132,077       87,835       210,948       157,688   Selling, general, and administrative expense   72,258       48,329       155,585       89,527   Operating income   59,819       39,506       55,363       68,161   Interest expense (income), net   20,965       354       33,989       (1,283 ) Other expense (income), net   895       (105 )     81       (29 ) Income before taxes from continuing operations   37,959       39,257       21,293       69,473   Provision for income taxes   10,626       9,819       6,012       16,920   Income from continuing operations   27,333       29,438       15,281       52,553   Discontinued operations:               Loss before taxes from discontinued operations   (22,582 )     (5,381 )     (82,453 )     (8,544 ) Benefit of income taxes from discontinued operations   (3,439 )     (1,947 )     (7,892 )     (3,114 ) Loss from discontinued operations   (19,143 )     (3,434 )     (74,561 )     (5,430 ) Net income (loss) $ 8,190     $ 26,004     $ (59,280 )   $ 47,123   Net earnings per share – Basic:               Income from continuing operations $ 0.92     $ 0.99     $ 0.51     $ 1.75   Loss from discontinued operations   (0.64 )     (0.12 )     (2.50 )     (0.18 ) Net income (loss) $ 0.28     $ 0.87     $ (1.99 )   $ 1.57   Weighted average shares outstanding – Basic   29,770       29,717       29,781       30,027   Net earnings per share – Diluted:               Income from continuing operations $ 0.92     $ 0.99     $ 0.51     $ 1.74   Loss from discontinued operations   (0.64 )     (0.12 )     (2.50 )     (0.18 ) Net income (loss) $ 0.28     $ 0.87     $ (1.99 )   $ 1.56   Weighted average shares outstanding – Diluted   29,809       29,806       29,835       30,133     GIBRALTAR INDUSTRIES, INC. CONSOLIDATED BALANCE SHEETS (in thousands, except per share data)     June 30, 2026   December 31, 2025   (unaudited)     Assets       Current assets:       Cash and cash equivalents $ 15,147     $ 115,724   Trade receivables, net of allowance of $3,004 and $2,558, respectively   259,987       120,327   Costs in excess of billings, net   23,772       26,799   Inventories, net   268,010       116,770   Prepaid expenses and other current assets   74,430       56,904   Assets of discontinued operations   71,098       192,362   Total current assets   712,444       628,886   Property, plant, and equipment, net   190,518       130,456   Operating lease assets   164,046       55,355   Goodwill   939,052       415,032   Customer relationships, net   620,097       109,092   Other intangibles, net   140,721       34,464   Other assets   19,407       20,318     $ 2,786,285     $ 1,393,603   Liabilities and Stockholders’ Equity       Current liabilities:       Accounts payable $ 210,672     $ 108,216   Accrued expenses   199,671       155,807   Billings in excess of costs   6,328       8,879   Liabilities of discontinued operations   72,304       93,120   Total current liabilities   488,975       366,022   Long-term debt   1,218,076       —   Deferred income taxes   12,936       5,116   Non-current operating lease liabilities   151,202       46,199   Other non-current liabilities   24,344       25,868   Stockholders’ equity:       Preferred stock, $0.01 par value; authorized 10,000 shares; none outstanding   —       —   Common stock, $0.01 par value; authorized 100,000 shares; 34,698 and 34,482 shares issued and outstanding, respectively   347       345   Additional paid-in capital   358,365       353,018   Retained earnings   772,183       831,463   Accumulated other comprehensive loss   (5,952 )     (3,683 ) Treasury stock, at cost; 5,015 and 4,935 shares, respectively   (234,191 )     (230,745 ) Total stockholders’ equity   890,752       950,398     $ 2,786,285     $ 1,393,603     GIBRALTAR INDUSTRIES, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) (unaudited)     Six Months Ended June 30,   2026   2025 Cash Flows from Operating Activities       Net (loss) income $ (59,280 )   $ 47,123   Loss from discontinued operations   (74,561 )     (5,430 ) Income from continuing operations   15,281       52,553   Adjustments to reconcile income from continuing operations to net cash (used in) provided by operating activities:       Depreciation and amortization   35,718       16,100   Stock compensation expense   5,147       6,237   Provision for deferred income taxes   921       —   Other, net   4,071       442   Changes in operating assets and liabilities net of effects from acquisitions:       Trade receivables and costs in excess of billings   (90,134 )     (25,240 ) Inventories   (23,500 )     (12,864 ) Other current assets and other assets   (10,027 )     (6,168 ) Accounts payable   75,232       18,281   Accrued expenses and other non-current liabilities   (2,714 )     (711 ) Net cash provided by operating activities of continuing operations   9,995       48,630   Net cash (used in) provided by operating activities of discontinued operations   (47,397 )     9,928   Net cash (used in) provided by operating activities   (37,402 )     58,558   Cash Flows from Investing Activities       Acquisitions, net of cash acquired   (1,339,657 )     (192,946 ) Purchases of property, plant, and equipment, net   (11,193 )     (28,960 ) Net proceeds from sale of business   —       352   Net cash used in investing activities of continuing operations   (1,350,850 )     (221,554 ) Net cash provided by (used in) investing activities of discontinued operations   74,944       (974 ) Net cash used in investing activities   (1,275,906 )     (222,528 ) Cash Flows from Financing Activities       Proceeds from long-term debt   1,321,000       —   Long-term debt payments   (75,000 )     —   Payment of debt issuance costs   (29,311 )     —   Purchase of common stock at market prices   (3,928 )     (62,499 ) Net cash provided by (used in) financing activities   1,212,761       (62,499 ) Effect of exchange rate changes on cash   (30 )     280   Net decrease in cash and cash equivalents   (100,577 )     (226,189 ) Cash and cash equivalents at beginning of year   115,724       269,480   Cash and cash equivalents at end of period $ 15,147     $ 43,291     GIBRALTAR INDUSTRIES, INC. Reconciliation of GAAP and Adjusted Financial Measures (in thousands, except per share data) (unaudited)   Three Months Ended June 30, 2026     Income before taxes   Provision for income taxes   Net income from continuing operations   Net income from continuing operations per share - diluted     As Reported in GAAP Statements   $ 37,959     $ 10,626     $ 27,333     $ 0.92       Restructuring Charges (1)     2,268       624       1,644       0.06       Acquisition Related Costs (2)     3,902       (147 )     4,049       0.13       Adjusted Financial Measures   $ 44,129     $ 11,103     $ 33,026     $ 1.11                                 Residential   Agtech   Infrastructure   Corporate   Consolidated Operating Margin     14.2 %     10.0 %     23.5 %     n/a       11.7 % Restructuring Charges (1)     0.5 %     — %     — %     n/a       0.4 % Acquisition Related Costs (2)     0.2 %     — %     — %     n/a       0.8 % Adjusted Operating Margin     14.9 %     10.1 %     23.5 %     n/a       13.0 %                       Income from Operations   $ 60,503     $ 5,907     $ 5,847     $ (12,438 )   $ 59,819   Restructuring Charges (1)     1,979       24       —       265       2,268   Acquisition Related Costs (2)     1,102       —       —       2,800       3,902   Adjusted Income from Operations   $ 63,584     $ 5,931     $ 5,847     $ (9,373 )   $ 65,989                         Net Sales   $ 425,852     $ 58,832     $ 24,863     $ —     $ 509,547   (1) Comprised primarily of exit activities costs (2) Represents acquisition related expenses including due diligence and integration costs of recent business combinations GIBRALTAR INDUSTRIES, INC. Reconciliation of GAAP and Adjusted Financial Measures (in thousands, except per share data) (unaudited)   Three Months Ended June 30, 2025     Income before taxes   Provision for income taxes   Net income from continuing operations   Net income from continuing operations per share - diluted     As Reported in GAAP Statements   $ 39,257     $ 9,819     $ 29,438     $ 0.99       Restructuring Charges (1)     1,582       337       1,245       0.04       Acquisition Related Costs (2)     3,849       893       2,956       0.10       Adjusted Financial Measures   $ 44,688     $ 11,049     $ 33,639     $ 1.13                                 Residential   Agtech   Infrastructure   Corporate   Consolidated Operating Margin     18.9 %     (0.9 )%     28.1 %     n/a       12.8 % Restructuring Charges (1)     0.5 %     0.7 %     — %     n/a       0.5 % Acquisition Related Costs (2)     — %     5.9 %     — %     n/a       1.2 % Adjusted Operating Margin     19.5 %     5.6 %     28.1 %     n/a       14.5 %                       Income from Operations   $ 43,611     $ (494 )   $ 7,083     $ (10,694 )   $ 39,506   Restructuring Charges (1)     1,218       364       —       —       1,582   Acquisition Related Costs (2)     132       3,170       —       547       3,849   Adjusted Income from Operations   $ 44,961     $ 3,040     $ 7,083     $ (10,147 )   $ 44,937                         Net Sales   $ 230,258     $ 54,092     $ 25,167     $ —     $ 309,517 (1) Comprised primarily of exit activities costs for discontinued products (2) Represents acquisition related expenses including due diligence and integration costs of recent business combinations GIBRALTAR INDUSTRIES, INC. Reconciliation of GAAP and Adjusted Financial Measures (in thousands, except per share data) (unaudited)   Six Months Ended June 30, 2026     Income before taxes   Provision for income taxes   Net income from continuing operations   Net income from continuing operations per share - diluted     As Reported in GAAP Statements   $ 21,293     $ 6,012     $ 15,281     $ 0.51       Restructuring Charges (1)     4,578       1,259       3,319       0.11       Acquisition Related Costs (2)     36,543       8,619       27,924       0.94       Adjusted Financial Measures   $ 62,414     $ 15,890     $ 46,524     $ 1.56                                 Residential   Agtech   Infrastructure   Corporate   Consolidated Operating Margin     11.4 %     8.1 %     21.7 %     n/a       6.4 % Restructuring Charges (1)     0.6 %     0.1 %     — %     n/a       0.5 % Acquisition Related Costs (2)     1.3 %     0.1 %     — %     n/a       4.2 % Adjusted Operating Margin     13.4 %     8.3 %     21.7 %     n/a       11.2 %                       Income from Operations   $ 80,749     $ 9,234     $ 9,564     $ (44,184 )   $ 55,363   Restructuring Charges (1)     4,218       79       —       281       4,578   Acquisition Related Costs (2)     9,630       149       —       26,868       36,647   Adjusted Income from Operations   $ 94,597     $ 9,462     $ 9,564     $ (17,035 )   $ 96,588                         Net Sales   $ 707,287     $ 114,462     $ 44,085     $ —     $ 865,834   (1) Comprised primarily of exit activities costs (2) Represents acquisition related expenses including due diligence and integration costs of recent business combinations GIBRALTAR INDUSTRIES, INC. Reconciliation of GAAP and Adjusted Financial Measures (in thousands, except per share data) (unaudited)   Six Months Ended June 30, 2025     Income before taxes   Provision for income taxes   Net income from continuing operations   Net income from continuing operations per share - diluted     As Reported in GAAP Statements   $ 69,473     $ 16,920     $ 52,553     $ 1.74       Restructuring Charges (1)     2,818       637       2,181       0.07       Acquisition Related Costs (2)     8,104       1,891       6,213       0.21       Adjusted Financial Measures   $ 80,395     $ 19,448     $ 60,947     $ 2.02                                 Residential   Agtech   Infrastructure   Corporate   Consolidated Operating Margin     18.3 %     2.9 %     26.5 %     n/a       12.3 % Restructuring Charges (1)     0.6 %     0.4 %     — %     n/a       0.5 % Acquisition Related Costs (2)     — %     4.6 %     — %     n/a       1.4 % Adjusted Operating Margin     18.9 %     8.0 %     26.5 %     n/a       14.2 %                       Income from Operations   $ 74,871     $ 2,891     $ 12,341     $ (21,942 )   $ 68,161   Restructuring Charges (1)     2,355       432       —       31       2,818   Acquisition Related Costs (2)     132       4,589       —       3,394       8,115   Adjusted Income from Operations   $ 77,358     $ 7,912     $ 12,341     $ (18,517 )   $ 79,094                         Net Sales   $ 410,252     $ 99,132     $ 46,490     $ —     $ 555,874   (1) Comprised primarily of exit activities costs for discontinued products (2) Represents acquisition related expenses including due diligence and integration costs of recent business combinations GIBRALTAR INDUSTRIES, INC. Reconciliation of GAAP and Adjusted Financial Measures (in thousands, except per share data) (unaudited)   Year Ended December 31, 2025     Income before taxes   Provision for income taxes   Net income from continuing operations   Net income from continuing operations per share - diluted     As Reported in GAAP Statements   $ 126,576     $ 29,020     $ 97,556     $ 3.25       Restructuring Charges (1)     8,318       1,988       6,330       0.22       Acquisition Related Costs (2) (3)     17,544       3,836       13,708       0.45       Adjusted Financial Measures   $ 152,438     $ 34,844     $ 117,594     $ 3.92                                 Residential   Agtech   Infrastructure   Corporate   Consolidated Operating Margin     16.6 %     4.5 %     23.9 %     n/a       10.8 % Restructuring Charges (1)     0.9 %     0.6 %     — %     n/a       0.7 % Acquisition Related Costs (2)     — %     2.1 %     — %     n/a       1.6 % Adjusted Operating Margin     17.6 %     7.1 %     23.9 %     n/a       13.3 %                       Income from Operations   $ 137,195     $ 9,804     $ 22,042     $ (46,290 )   $ 122,751   Restructuring Charges (1)     7,034       1,253       —       31       8,318   Acquisition Related Costs (2)     669       4,580       —       14,521       19,770   Adjusted Income from Operations   $ 144,898     $ 15,637     $ 22,042     $ (31,738 )   $ 150,839                         Net Sales   $ 824,079     $ 219,301     $ 92,121     $ —     $ 1,135,501 (1) Comprised primarily of exit activities costs (2) Represents acquisition related expenses including due diligence and integration costs of recent business combinations (3) Includes one-time gain of $2.2M from an acquisition-related item GIBRALTAR INDUSTRIES, INC. Reconciliation of Adjusted Financial Measures (in thousands) (unaudited)   Three Months Ended June 30, 2026     Consolidated   Residential   Agtech   Infrastructure                   Net Sales   $ 509,547     $ 425,852     $ 58,832     $ 24,863                     Net Income from Continuing Operations     27,333               Provision for Income Taxes     10,626               Interest Expense     20,965               Other Expense     895               Operating Profit     59,819       60,503       5,907       5,847   Adjusted Measures*     6,170       3,081       24       —   Adjusted Operating Profit     65,989       63,584       5,931       5,847   Adjusted Operating Margin     13.0 %     14.9 %     10.1 %     23.5 % Adjusted Other Expense     895       —       —       —   Depreciation & Amortization     19,815       16,456       1,996       389   Stock Compensation Expense     3,288       1,005       207       73   Less: SLT Related Stock Compensation Expense     (206 )     (172 )     —       —   Adjusted Stock Compensation Expense     3,082       833       207       73   Adjusted EBITDA   $ 87,991     $ 80,873     $ 8,134     $ 6,309                     Adjusted EBITDA Margin     17.3 %     19.0 %     13.8 %     25.4 %                   Cash Flow - Operating Activities     44,548               Purchase of PPE, Net     (5,196 )             Free Cash Flow     39,352               Free Cash Flow - % of Net Sales     7.7 %               *Adjusted Measures details are presented on the corresponding Reconciliation of GAAP and Adjusted Financial Measures GIBRALTAR INDUSTRIES, INC. Reconciliation of Adjusted Financial Measures (in thousands) (unaudited)   Three Months Ended June 30, 2025     Consolidated   Residential   Agtech   Infrastructure                   Net Sales   $ 309,517     $ 230,258     $ 54,092     $ 25,167                     Net Income from Continuing Operations     29,438               Provision for Income Taxes     9,819               Interest Expense     354               Other Income     (105 )             Operating Profit     39,506       43,611       (494 )     7,083   Adjusted Measures*     5,431       1,350       3,534       —   Adjusted Operating Profit     44,937       44,961       3,040       7,083   Adjusted Operating Margin     14.5 %     19.5 %     5.6 %     28.1 % Adjusted Other Income     (105 )     —       —       —   Depreciation & Amortization     9,294       3,239       4,539       699   Less: Acquisition-related amortization     (2,650 )     —       (2,650 )     —   Adjusted Depreciation & Amortization     6,644       3,239       1,889       699   Adjusted Stock Compensation Expense     3,377       621       187       76   Adjusted EBITDA   $ 55,063     $ 48,821     $ 5,116     $ 7,858                     Adjusted EBITDA Margin     17.8 %     21.2 %     9.5 %     31.2 %                   Cash Flow - Operating Activities     43,545               Purchase of PPE, Net     (18,203 )             Free Cash Flow     25,342               Free Cash Flow - % of Net Sales     8.2 %               *Adjusted Measures details are presented on the corresponding Reconciliation of GAAP and Adjusted Financial Measures GIBRALTAR INDUSTRIES, INC. Reconciliation of Adjusted Financial Measures (in thousands) (unaudited)   Six Months Ended June 30, 2026     Consolidated   Residential   Agtech   Infrastructure                   Net Sales   $ 865,834     $ 707,287     $ 114,462     $ 44,085                     Net Income from Continuing Operations     15,281               Provision for Income Taxes     6,012               Interest Expense     33,989               Other Expense     81               Operating Profit     55,363       80,749       9,234       9,564   Adjusted Measures*     41,225       13,848       228       —   Adjusted Operating Profit     96,588       94,597       9,462       9,564   Adjusted Operating Margin     11.2 %     13.4 %     8.3 %     21.7 % Adjusted Other Expense     227       —       —       —   Depreciation & Amortization     35,718       28,585       4,084       1,102   Stock Compensation Expense     5,147       1,652       415       128   Less: SLT Related Stock Compensation Expense     (206 )     (172 )     —       —   Adjusted Stock Compensation Expense     4,941       1,480       415       128   Adjusted EBITDA   $ 137,020     $ 124,662     $ 13,961     $ 10,794                     Adjusted EBITDA Margin     15.8 %     17.6 %     12.2 %     24.5 %                   Cash Flow - Operating Activities     9,995               Purchase of PPE, Net     (11,193 )             Free Cash Flow     (1,198 )             Free Cash Flow - % of Adjusted Net Sales     (0.1 )%               *Adjusted Measures details are presented on the corresponding Reconciliation of GAAP and Adjusted Financial Measures GIBRALTAR INDUSTRIES, INC. Reconciliation of Adjusted Financial Measures (in thousands) (unaudited)   Six Months Ended June 30, 2025     Consolidated   Residential   Agtech   Infrastructure                   Net Sales   $ 555,874     $ 410,252     $ 99,132     $ 46,490                     Net Income from Continuing Operations     52,553               Provision for Income Taxes     16,920               Interest Income     (1,283 )             Other Income     (29 )             Operating Profit     68,161       74,871       2,891       12,341   Adjusted Measures*     10,933       2,487       5,021       —   Adjusted Operating Profit     79,094       77,358       7,912       12,341   Adjusted Operating Margin     14.2 %     18.9 %     8.0 %     26.5 % Adjusted Other Income     (18 )     —       —       —   Depreciation & Amortization     16,100       5,766       7,299       1,400   Less: Acquisition-related amortization     (4,069 )     —       (4,069 )     —   Adjusted Depreciation & Amortization     12,031       5,766       3,230       1,400   Stock Compensation Expense     6,237       1,073       322       139   Less: SLT Related Stock Compensation Expense     (82 )     —       —       —   Adjusted Stock Compensation Expense     6,155       1,073       322       139   Adjusted EBITDA   $ 97,298     $ 84,197     $ 11,464     $ 13,880                     Adjusted EBITDA Margin     17.5 %     20.5 %     11.6 %     29.9 %                   Cash Flow - Operating Activities     48,630               Purchase of PPE, Net     (28,960 )             Free Cash Flow     19,670               Free Cash Flow - % of Net Sales     3.5 %               *Adjusted Measures details are presented on the corresponding Reconciliation of GAAP and Adjusted Financial Measures GIBRALTAR INDUSTRIES, INC. Reconciliation of Adjusted Financial Measures (in thousands) (unaudited)   Year Ended December 31, 2025     Consolidated   Residential   Agtech   Infrastructure                   Net Sales   $ 1,135,501     $ 824,079     $ 219,301     $ 92,121                     Net Income from Continuing Operations     97,556               Provision for Income Taxes     29,020               Interest Income     (1,747 )             Other Income     (2,078 )             Operating Profit     122,751       137,195       9,804       22,042   Adjusted Measures*     28,088       7,703       5,833       —   Adjusted Operating Profit     150,839       144,898       15,637       22,042   Adjusted Operating Margin     13.3 %     17.6 %     7.1 %     23.9 % Adjusted Other Expense     148       —       —       —   Depreciation & Amortization     29,849       13,351       10,368       2,845   Less: Acquisition-related amortization     (3,500 )     —       (3,500 )     —   Adjusted Depreciation & Amortization     26,349       13,351       6,868       2,845   Stock Compensation Expense     8,339       2,591       729       274   Less: SLT Related Stock Compensation Expense     (82 )     —       —       —   Adjusted Stock Compensation Expense     8,257       2,591       729       274   Adjusted EBITDA   $ 185,297     $ 160,840     $ 23,234     $ 25,161                     Adjusted EBITDA Margin     16.3 %     19.5 %     10.6 %     27.3 %                   Cash Flow - Operating Activities     137,107               Purchase of PPE, Net     (46,130 )             Free Cash Flow     90,977               Free Cash Flow - % of Net Sales     8.0 %               *Adjusted Measures details are presented on the corresponding Reconciliation of GAAP and Adjusted Financial Measures   View source version on businesswire.com: https://www.businesswire.com/news/home/20260805038893/en/

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