Builders FirstSource Inc (BLDR) financial statements: income statement, balance sheet and cash flow

Builders FirstSource Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Builders FirstSource Inc reported revenue of $15.2B (-7.4% year on year) and net income of $435.2M (-59.6% year on year).

Income statement

Builders FirstSource Inc income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net sales	$15.2B	$16.4B	$17.1B	$22.7B
Cost of sales	$10.6B	$11.0B	$11.1B	$15.0B
Gross margin	$4.6B	$5.4B	$6.0B	$7.7B
Selling, general and administrative expenses	$3.8B	$3.8B	$3.8B	$4.0B
Income from operations	$786.3M	$1.6B	$2.2B	$3.8B
Interest expense, net	$273.9M	$207.7M	$192.1M	$198.4M
Income before income taxes	$512.4M	$1.4B	$2.0B	$3.6B
Income tax expense	$77.2M	$309.6M	$443.6M	$822.5M
Net income	$435.2M	$1.1B	$1.5B	$2.7B
Basic	$3.91	$9.13	$12.06	$16.98
Diluted	$3.89	$9.06	$11.94	$16.82
Basic	111.4M	118.0M	127.8M	162.0M
Diluted	111.8M	119.0M	129.0M	163.5M

Builders FirstSource Inc income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Net sales	$3.9B	$3.3B	$3.9B	$4.2B
Cost of sales	$2.8B	$2.4B	$2.7B	$2.9B
Gross margin	$1.1B	$929.0M	$1.2B	$1.3B
Selling, general and administrative expenses	$958.3M	$912.5M	$970.7M	$987.8M
Income from operations	$128.5M	$16.5M	$228.8M	$311.3M
Interest expense, net	$76.1M	$74.4M	$69.3M	$72.0M
Income (loss) before income taxes	$52.4M	($57.9M)	$159.5M	$239.3M
Income tax expense	$56.3M	($10.5M)	$37.1M	$54.3M
Net income (loss)	($3.9M)	($47.4M)	$122.4M	$185.0M
Basic	-$0.04	-$0.43	$1.11	$1.67
Diluted	-$0.04	-$0.43	$1.10	$1.66
Basic	107.6M	109.9M	110.5M	110.9M
Diluted	107.6M	109.9M	110.9M	111.2M

Balance sheet

Builders FirstSource Inc balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$181.8M	$153.6M	$66.2M	$80.4M
Accounts receivable, less allowances of $42,511 and $41,233, respectively	$1.1B	$1.2B	$1.4B	$1.4B
Other receivables	$330.0M	$344.3M	$290.3M	$235.0M
Inventories, net	$1.1B	$1.2B	$1.2B	$1.4B
Contract assets	$133.0M	$151.1M	$165.7M	$183.7M
Other current assets	$126.8M	$116.7M	$113.4M	$124.2M
Total current assets	$2.9B	$3.1B	$3.3B	$3.5B
Property, plant and equipment, net	$2.2B	$2.0B	$1.8B	$1.6B
Operating lease right-of-use assets, net	$622.2M	$594.3M	$502.2M	$485.7M
Goodwill	$4.1B	$3.7B	$3.6B	$3.5B
Intangible assets, net	$1.2B	$1.1B	$1.3B	$1.6B
Deferred income taxes	$23.0M	—	—	—
Other assets, net	$139.7M	$103.7M	$38.0M	$36.4M
Total assets	$11.2B	$10.6B	$10.5B	$10.6B
Accounts payable	$714.7M	$868.1M	$881.4M	$803.5M
Accrued liabilities	$566.3M	$634.0M	$717.5M	$739.0M
Contract liabilities	$168.4M	$168.2M	$162.7M	$193.2M
Current portion of operating lease liabilities	$111.1M	$103.5M	$98.2M	$100.8M
Current maturities of long-term debt	$14.3M	$3.5M	$3.6M	$6.4M
Total current liabilities	$1.6B	$1.8B	$1.9B	$1.8B
Noncurrent portion of operating lease liabilities	$547.8M	$525.2M	$434.1M	$404.5M
Long-term debt, net of current maturities, discounts and issuance costs	$4.4B	$3.7B	$3.2B	$3.0B
Deferred income taxes	$178.0M	$148.2M	$167.2M	$269.7M
Other long-term liabilities	$157.6M	$135.3M	$125.0M	$137.8M
Total liabilities	$6.9B	$6.3B	$5.8B	$5.6B
Common stock, $0.01 par value, 300,000 shares authorized; 110,585 and 113,578 shares issued and outstanding, respectivel	1.1M	1.1M	1.2M	1.4M
Additional paid-in capital	$4.2B	$4.3B	$4.3B	$4.3B
Retained earnings	$153.9M	$24.1M	$460.2M	$703.5M
Total stockholders' equity	$4.4B	$4.3B	$4.7B	$5.0B
Total liabilities and stockholders' equity	$11.2B	$10.6B	$10.5B	$10.6B

Builders FirstSource Inc balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$65.7M	$98.3M	$296.2M	$87.0M
Accounts receivable, less allowances of $40,910 and $42,511, respectively	$1.3B	$1.2B	$1.3B	$1.3B
Other receivables	$330.3M	$385.8M	$299.2M	$265.3M
Inventories, net	$1.3B	$1.2B	$1.2B	$1.3B
Contract assets	$147.0M	$150.6M	$148.5M	$164.0M
Other current assets	$132.5M	$129.0M	$121.2M	$130.9M
Total current assets	$3.2B	$3.1B	$3.3B	$3.3B
Property, plant and equipment, net	$2.1B	$2.2B	$2.2B	$2.2B
Operating lease right-of-use assets, net	$607.2M	$616.6M	$604.3M	$603.8M
Goodwill	$4.1B	$4.1B	$4.0B	$4.0B
Intangible assets, net	$1.0B	$1.1B	$1.2B	$1.3B
Deferred income taxes	$23.5M	$23.7M	—	—
Other assets, net	$137.4M	$138.9M	$134.4M	$130.7M
Total assets	$11.3B	$11.3B	$11.4B	$11.5B
Accounts payable	$1.0B	$924.6M	$960.9M	$1.0B
Accrued liabilities	$480.9M	$531.0M	$578.8M	$530.4M
Contract liabilities	$175.5M	$180.5M	$184.2M	$182.6M
Current portion of operating lease liabilities	$112.9M	$111.4M	$107.0M	$106.2M
Current maturities of long-term debt	$11.9M	$24.3M	$14.2M	$7.1M
Total current liabilities	$1.8B	$1.8B	$1.8B	$1.8B
Noncurrent portion of operating lease liabilities	$534.0M	$542.9M	$531.2M	$531.3M
Long-term debt, net of current maturities, discounts and issuance costs	$4.6B	$4.6B	$4.4B	$4.7B
Deferred income taxes	$238.2M	$229.7M	$172.0M	$115.8M
Other long-term liabilities	$153.6M	$141.1M	$137.7M	$134.8M
Total liabilities	$7.3B	$7.3B	$7.1B	$7.3B
Common stock, $0.01 par value, 300,000 shares authorized; 107,594 and 110,585 shares issued and outstanding, respectively	1.1M	1.1M	1.1M	1.1M
Additional paid-in capital	$4.0B	$4.0B	$4.2B	$4.2B
Retained earnings (accumulated deficit)	($3.9M)	$0	$122.4M	—
Total stockholders equity	$4.0B	$4.0B	$4.3B	$4.2B
Total liabilities and stockholders equity	$11.3B	$11.3B	$11.4B	$11.5B

Cash flow statement

Builders FirstSource Inc cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net Income	$435.2M	$1.1B	$1.5B	$2.7B
Depreciation and amortization	$591.4M	$561.9M	$558.3M	$497.1M
Deferred income taxes	$6.8M	($19.0M)	($102.5M)	($92.5M)
Stock-based compensation expense	$53.5M	$63.1M	$48.5M	$31.3M
Other non-cash adjustments	$3.0M	—	—	—
Receivables	$182.5M	$249.2M	($12.6M)	$381.2M
Inventories	$198.5M	$51.5M	$231.5M	$271.9M
Contract assets	$18.1M	$15.0M	$18.0M	$24.1M
Other current assets	($9.3M)	($2.8M)	$10.9M	$15.2M
Other assets and liabilities	($3.7M)	($54.4M)	($5.3M)	$15.2M
Accounts payable	($167.2M)	($28.6M)	$75.8M	($314.0M)
Accrued liabilities	($86.0M)	($78.3M)	($9.7M)	($15.8M)
Contract liabilities	($7.0M)	$4.3M	($33.4M)	($33.1M)
Net cash provided by operating activities	$1.2B	$1.9B	$2.3B	$3.6B
Cash used for acquisitions, net of cash acquired	($1.1B)	($336.5M)	($238.7M)	($628.0M)
Purchases of property, plant and equipment	($362.6M)	($380.6M)	($476.3M)	($340.2M)
Proceeds from sale of property, plant and equipment	$20.8M	$14.0M	$46.7M	$10.7M
Cash used for equity investments	($2.0M)	($7.7M)	—	—
Net cash used in investing activities	($1.5B)	($710.7M)	($668.3M)	($957.5M)
Borrowings under revolving credit facility	$4.1B	$954.0M	$5.1B	$5.9B
Repayments under revolving credit facility	($4.1B)	($1.4B)	($4.9B)	($6.2B)
Proceeds from long-term debt and other loans	$750.0M	$1.0B	—	$1.0B
Repayments of long-term debt and other loans	($2.8M)	($3.4M)	($4.2M)	($616.2M)
Payments of loan costs	($19.9M)	($12.8M)	($1.9M)	($16.8M)
Payment of acquisition-related deferred and contingent consideration	($4.6M)	($14.4M)	—	—
Tax withholdings on and exercises of equity awards	($29.3M)	($62.8M)	—	—
Repurchase of common stock	($414.0M)	($1.5B)	($1.8B)	($2.6B)
Net cash provided by (used in) financing activities	$279.4M	($1.1B)	($1.7B)	($2.6B)
Net change in cash and cash equivalents	$28.1M	$87.5M	($14.3M)	$37.8M
Cash and cash equivalents at beginning of period	$153.6M	$66.2M	$80.4M	$42.6M
Cash and cash equivalents at end of period	$181.8M	$153.6M	$66.2M	$80.4M
Cash paid for interest	$260.5M	$188.5M	$186.5M	$169.4M
Accrued purchases of property, plant and equipment	$4.8M	$14.5M	$9.3M	$10.8M
Right-of-use assets obtained in exchange for operating lease obligations	$118.3M	$175.4M	$104.5M	$100.8M
Amounts accrued related to repurchases of common stock	$3.5M	—	—	—
Accrued consideration for acquisitions	$14.1M	—	—	—

Builders FirstSource Inc cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net Income	($51.3M)	($47.4M)	$403.7M	$281.3M
Depreciation and amortization	$298.4M	$148.4M	$440.1M	$292.6M
Deferred income taxes	$59.7M	$51.1M	$23.9M	($32.4M)
Stock-based compensation expense	$20.8M	$13.6M	$46.8M	$30.4M
Other non-cash adjustments	$3.9M	$1.9M	($5.6M)	($5.7M)
Receivables	($236.1M)	($157.8M)	$10.2M	($33.9M)
Inventories, net	($170.8M)	($88.4M)	$103.6M	($30.5M)
Contract assets	($14.0M)	($17.6M)	$2.6M	($12.9M)
Other current assets	($5.5M)	($2.1M)	($3.7M)	($13.4M)
Other assets and liabilities	$8.2M	$550.0K	($21.8M)	($21.2M)
Accounts payable	$318.2M	$211.3M	$77.3M	$126.6M
Accrued liabilities	($82.7M)	($37.7M)	($65.4M)	($115.5M)
Contract liabilities	$6.7M	$11.7M	$9.4M	$8.0M
Net cash provided by operating activities	$155.5M	$87.5M	$1.0B	$473.4M
Cash used for acquisitions	($25.9M)	($12.4M)	($904.5M)	($885.5M)
Purchases of property, plant and equipment	($84.8M)	($46.7M)	($274.5M)	($188.7M)
Proceeds from sale of property, plant and equipment	$4.3M	$2.0M	$18.4M	$15.4M
Cash used for equity investments	($664.0K)	($664.0K)	($1.3M)	($666.0K)
Net cash used in investing activities	($107.1M)	($57.8M)	($1.2B)	($1.1B)
Borrowings under revolving credit facility	$599.0M	$240.0M	$4.1B	$3.8B
Repayments under revolving credit facility	($434.0M)	($40.0M)	($4.1B)	($3.6B)
Repayments of long-term debt and other loans	($8.2M)	($679.0K)	($2.2M)	($1.4M)
Payment of acquisition-related deferred and contingent consideration	($4.0M)	($900.0K)	($3.4M)	($2.1M)
Tax withholdings on and exercises of equity awards	($13.7M)	($11.4M)	($27.2M)	($26.5M)
Repurchase of common stock	($303.5M)	($300.1M)	($414.0M)	($414.0M)
Net cash (used in) provided by financing activities	($164.5M)	($113.0M)	$283.4M	$519.5M
Net change in cash and cash equivalents	($116.1M)	($83.4M)	$142.5M	($66.6M)
Cash and cash equivalents at beginning of period	$181.8M	$181.8M	$153.6M	$153.6M
Cash and cash equivalents at end of period	$65.7M	$98.3M	$296.2M	$87.0M
Cash paid for interest	$146.8M	$85.2M	$205.9M	$125.3M
Cash paid for income taxes	$5.9M	$730.0K	$72.8M	$62.0M
Right-of-use assets obtained in exchange for operating lease obligations	$41.7M	$22.1M	$79.1M	$50.4M
Accrued consideration for acquisitions	$5.1M	$604.0K	$6.3M	$6.3M
Accrued purchases of property, plant and equipment	$3.9M	$2.9M	$8.2M	$7.4M
Accrued excise tax on repurchases of common stock	$2.8M	—	—	—

Builders FirstSource Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.