Installed Building Products (IBP) Operating Expenses (2013 - 2026)
Installed Building Products (IBP) reported Operating Expenses of $154.7 million for Q1 2026, up 0.52% year-over-year from $153.9 million in Q1 2025, and up 1.31% quarter-over-quarter from $152.7 million in Q4 2025.
Installed Building Products (IBP) Operating Expenses (2013 - 2026) Analysis & Trends
Installed Building Products (IBP) has 14 years of Operating Expenses data on file, last reported at $154.7 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $154.7 million, up 0.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $623.7 million (up 0.71% YoY), and the FY2025 annual result was $622.9 million, up 1.78% from the prior year.
- Operating Expenses advanced to $154.7 million in Q1 2026 per IBP's latest filing, from $152.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $158.9 million in Q2 2025 and troughed at $84.0 million in Q2 2022.
- A 5-year average of $140.8 million and a median of $148.1 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 87.15% in 2022, then dropped 0.39% in 2025.
- A 5-year view of Operating Expenses shows it stood at $114.9 million in 2022, then gained by 28.85% to $148.1 million in 2023, then gained by 3.51% to $153.3 million in 2024, then retreated by 0.39% to $152.7 million in 2025, then grew by 1.31% to $154.7 million in 2026.
- Business Quant data shows IBP's Operating Expenses at $154.7 million in Q1 2026, $152.7 million in Q4 2025, and $157.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.60 Bn | 40.25 Bn | 1.70 Bn | 903.30 Mn |
| 2 | Pultegroup | 22.64 Bn | 20.83 Bn | 881.27 Mn | 380.33 Mn |
| 3 | Lennar | 22.34 Bn | 20.15 Bn | 6.36 Bn | 6.40 Bn |
| 4 | Nvr | 17.27 Bn | 15.62 Bn | 1.31 Bn | 156.97 Mn |
| 5 | Toll Brothers | 13.05 Bn | 11.95 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.86 Bn | 6.86 Bn | 290.64 Mn | 58.97 Mn |
| 7 | Installed Building Products | 5.39 Bn | 4.91 Bn | 212.30 Mn | 154.70 Mn |
| 8 | Meritage Homes | 4.60 Bn | 3.84 Bn | -269,000.00 | 51.40 Mn |
| 9 | Cavco Industries | 4.47 Bn | 4.44 Bn | 135.92 Mn | 81.36 Mn |
| 10 | Champion Homes | 4.25 Bn | 3.59 Bn | 172.19 Mn | 109.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 154.70 Mn |
| Dec 31, 2025 | 152.70 Mn |
| Sep 30, 2025 | 157.40 Mn |
| Jun 30, 2025 | 158.90 Mn |
| Mar 31, 2025 | 153.90 Mn |
| Dec 31, 2024 | 153.30 Mn |
| Sep 30, 2024 | 155.50 Mn |
| Jun 30, 2024 | 156.60 Mn |
| Mar 31, 2024 | 146.60 Mn |
| Dec 31, 2023 | 148.10 Mn |
| Sep 30, 2023 | 139.80 Mn |
| Jun 30, 2023 | 140.20 Mn |
| Mar 31, 2023 | 133.50 Mn |
| Dec 31, 2022 | 114.94 Mn |
| Sep 30, 2022 | 127.37 Mn |
| Jun 30, 2022 | 84.03 Mn |
| Mar 31, 2022 | 115.43 Mn |
| Dec 31, 2021 | 72.79 Mn |
| Sep 30, 2021 | 68.06 Mn |
| Jun 30, 2021 | 66.47 Mn |