Apogee Enterprises, Inc. Q3 2026 Earnings Recap

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.