The 50% adjusted EPS decline and negative free cash flow signal significant integration and leverage risk from the OmniMax acquisition. Watch for Q2 2026 price realization to offset aluminum inflation and for debt reduction progress. The reaffirmed guidance provides a floor but the stock may re-rate lower if organic trends remain soft.
Price Chart
Executive Summary
Gibraltar Industries reported Q1 2026 adjusted EPS of $0.45, a 50% decline YoY from $0.90, driven by $14.6M in net interest expense from the OmniMax acquisition and unfavorable price/material economics from surging aluminum prices. Revenue surged 44.6% to $356.3M on $89M in OmniMax contribution, but organic sales declined slightly and adjusted EBITDA margin compressed to 13.8% from 17.1%. The company reaffirmed full-year 2026 guidance (adj. EPS $3.65-$4.05, revenue $1.76B-$1.83B) and raised its synergy commitment to $26M.
Key Financial Metrics
Key Facts
- Adjusted EPS fell 50% YoY to $0.45 from $0.90, missing the Street consensus of $0.55 by 18.2%
- GAAP net loss from continuing operations of $12.1M vs. income of $23.1M a year ago, driven by $32.6M in OmniMax acquisition costs
- Net debt stood at $1.2B at quarter-end with only $20.3M cash on hand, down from $115.7M at year-end 2025
- Free cash flow was negative $40.6M vs. negative $5.7M in Q1 2025, reflecting OmniMax deal outflows
- Full-year 2026 guidance reaffirmed: adj. EPS $3.65-$4.05, revenue $1.76B-$1.83B, adj. EBITDA $310M-$326M
- OmniMax integration synergy commitment raised to $26M for 2026, with $16M expected in FY 2026 adjusted EBITDA
Financial Impact
Adjusted EPS declined 50% YoY to $0.45 vs. consensus $0.55; GAAP net loss of $12.1M; net debt of $1.2B
Risk Factors
- Surging aluminum, steel, resin, and fuel costs may continue to compress margins if price actions lag
- Net debt of $1.2B and only $20.3M cash creates financial fragility; any covenant breach or refinancing need could be dilutive
- Organic sales declined slightly in Q1 and Residential end market remains soft; full-year guidance may prove optimistic if macro weakens
- OmniMax integration carries execution risk; the $26M synergy target may not fully materialize
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000912562-26-000092 |
| Document: 0000912562-26-000092-index-headers.html | 0000912562-26-000092 |
| Document: 0000912562-26-000092-index.html | 0000912562-26-000092 |
| Document: 0000912562-26-000092.txt | 0000912562-26-000092 |
| 8-K Data (Synthetic) | 0000912562-26-000092 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 12d ago | 8-K | $39.25 $39.27 | ▲ +0.05% | ▲ +1.07% | $38.83 (−1.07%) |
Aug 5, 2026 11w ago | 8-K | $54.86 $49.10 | ▼ −10.50% | ▼ −10.85% | $38.83 (−29.22%) |
Jul 16, 2026 14w ago | 8-K | $44.89 $44.38 | ▼ −1.14% | ▲ +0.53% | $38.83 (−13.50%) |
May 27, 2026 21w ago | Insider Cluster | $39.50 $38.03 | ▼ −3.72% | ▼ −4.93% | $38.83 (−1.70%) |
May 22, 2026 22w ago | Insider Cluster | $37.18 $37.74 | ▲ +1.51% | ▼ −0.17% | $38.83 (+4.44%) |
May 7, 2026 24w ago | 8-K | $37.59 $38.22 | ▼ −1.68% | ▼ −0.17% | $38.83 (−3.30%) |
Apr 3, 2026 29w ago | 8-K | $38.29 $41.55 | ▲ +8.51% | ▲ +4.38% | $38.83 (+1.41%) |
Mar 10, 2026 32w ago | Insider Cluster | $41.48 $41.76 | ▲ +0.68% | ▲ +1.58% | $38.83 (−6.39%) |
Mar 10, 2026 32w ago | Insider Cluster | $41.48 $41.76 | ▲ +0.68% | ▲ +1.58% | $38.83 (−6.39%) |
Feb 26, 2026 34w ago | 8-K | $49.03 $41.23 | ▼ −15.91% | ▼ −14.78% | $38.83 (−20.80%) |
US Market Status
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