Builders FirstSource reports lower third-quarter sales, earnings and cash flow

Builders FirstSource reported third-quarter 2026 net sales of $3.85 billion, down 2.2% year over year, while net income fell to $60.4 million, or $0.56 per diluted share, from $122.4 million, or $1.10 per share, in the prior-year quarter. Adjusted EBITDA declined 28.3% to $311.1 million, and free cash flow fell to $76.0 million from $464.9 million as weaker housing activity, lower margins and higher working capital weighed on results. The company narrowed its full-year outlook while maintaining midpoint targets of $14.4 billion in sales and $1.1 billion in Adjusted EBITDA, and reported $4.6 billion of net debt, or 4.1 times trailing Adjusted EBITDA, as of September 30, 2026.