Apogee Enterprises, Inc.

Apogee Enterprises, Inc. Earnings Recaps

APOG Industrials 1 recap
Q3 2026 Jan 7, 2026

Apogee Enterprises reported a 2.1% increase in net sales to $348.6 million in Q3, bolstered by its UW Solutions acquisition, although adjusted EBITDA margins faced headwinds due to higher costs.

Key takeaways
  • Net sales benefitted from $18.4 million in inorganic sales related to the UW Solutions acquisition.
  • Adjusted EBITDA margin decreased to 13.2%, impacted by higher aluminum and health insurance costs.
  • The services segment achieved its seventh consecutive quarter of year-over-year sales growth, with adjusted EBITDA margin rising to 9.7%.
  • Operational efficiencies and strong fundamentals position Apogee favorably despite ongoing macroeconomic challenges.
  • Backlog in the services segment stood at $775 million, reflecting a 4% year-over-year increase.