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Builders FirstSource — Feb 17, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-26-053039
Open on SEC.gov ↗
Showing in the filing
Net Sales
“$14.8 billion to $15.8 billion”
Period
FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 15
Productivity savings for FY2026
“$50 million to $70 million”
Net Sales for FY2026
“$14.8 billion to $15.8 billion”
Gross Profit margin for FY2026
“28.5% to 30%”
Adjusted EBITDA for FY2026
“$1.3 billion to $1.7 billion”
Adjusted EBITDA margin for FY2026
“8.8% to 10.8%”
Free cash flow for FY2026
“approximately $0.5 billion”
Average commodity prices assumption for FY2026
“$365 to $385 per thousand board foot (mbf)”
Single Family starts for FY2026
“flat”
Acquisitions net sales growth for FY2026
“approximately 1%”
Net sales growth from acquisitions completed… for FY2026
“approximately 1%”
Total capital expenditures for FY2026
“$250 million to $300 million”
Interest expense for FY2026
“$270 million to $280 million”
Effective tax rate for FY2026
“20% to 22%”
Depreciation and amortization expenses for FY2026
“$525 million to $575 million”
Selling days for FY2026
“No change in selling days versus 2025”
Exhibit 99.1 · the passage around this item
… earlier in the release
We are not providing a quantitative reconciliation of our forward-looking guidance of adjusted EBITDA, adjusted EBITDA margin or free cash flow because we are unable to predict with reasonable certainty all the components required to provide such reconciliation without unreasonable efforts, which are uncertain and could have a material impact on GAAP reported results for the guidance period. See “Non-GAAP Financial Measures” for additional information. • Net Sales to be in a range of $14.8 billion to $15.8 billion. • Gross Profit margin to be in a range of 28.5% to 30%. • Adjusted EBITDA to be in a range of $1.3 billion to $1.7 billion. • Adjusted EBITDA margin to be in a range of 8.8% to 10.8%. • Free cash flow of approximately $0.5 billion, assuming average commodity prices in the range of $365 to $385 per thousand board foot (mbf).   2026 Full Year Assumptions The Company’s anticipated 2026 performance is based on several assumptions for the full year, including the following: • Within the Company’s geographies, Single Family starts are projected to be flat, Multi-Family starts flat, and R&R is projected to be up 1%. • Acquisitions completed within the last twelve months are projected to add net sales growth of approximately 1%. • Total capital expenditures in the range of $250 million to $300 million. • Interest expense in the range of $270 million to $280 million. • An effective tax rate of 20% to 22%. • Depreciation and amortization expenses in the range of $525 million to $575 million. • No change in selling days versus 2025.   Conference Call Builders FirstSource will host a conference call and webcast on Tuesday, February 17, 2026, to discuss the Company’s financial results and oth
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.