Julio Romero

Brent Thielman

Gowshihan Sriharan

Gowshi Sri

Jon Braatz

Goshi Sri

Joichi Sakai

- **APOG reported Q2 FY26 net sales of $358.2 million**, a **4.6% year-over-year increase**, primarily driven by inorganic and organic growth in Performance Surfaces, including a **$24.9 million contribution from the UW Solutions acquisition**.  **[0000006845_2175460:4]** 
- **Adjusted EBITDA decreased by 16.4% year-over-year to $44.4 million**, with the Adjusted EBITDA margin falling to **12.4%** from 15.5% in Q2 FY25, mainly due to lower price and volume, unfavorable mix, and higher material, tariff, and health insurance costs.  **[0000006845_2175460:4]** 
- **Adjusted diluted EPS for Q2 FY26 was $0.98**, a **31.9% decrease** from $1.44 in Q2 FY25, primarily attributed to lower adjusted EBITDA and higher interest expense.  **[0000006845_2175460:4]** 
- The company updated its full-year FY26 outlook, revising **net sales to a range of $1.39 billion to $1.42 billion** (previously $1.40 billion to $1.44 billion) and **adjusted diluted EPS to $3.60 to $3.90** (previously $3.80 to $4.20).  **[0000006845_2175460:7]** 
- These updates reflect a highly competitive pricing market, aluminum cost inflation, and elevated health insurance costs, with tariffs estimated to reduce full-year adjusted diluted EPS by **$0.35 to $0.45**.  **[0000006845_2175460:7]**

APOG Reports Q2 FY26 Results and Updates Full-Year Outlook

- Apogee Enterprises reported Q2 2026 net sales of **$358.2 million**, a **4.6% increase**, and adjusted diluted EPS of **$0.98**.  **[0000006845_2175894_2]** 
- The company updated its fiscal 2026 outlook, lowering net sales expectations to a range of **$1.39 billion to $1.42 billion** and adjusted diluted EPS to **$3.60 to $3.90**.  **[0000006845_2175894_2]**  This revision is primarily due to increased pressure on volume and price in the glass segment and higher aluminum costs impacting the metals segment.  **[0000006845_2175894_3]** 
- **Performance Services** demonstrated strong growth, including **18.6% organic growth**, and is expected to drive year-over-year net sales and adjusted EPS growth in the second half of fiscal year 2026.  **[0000006845_2175894_1]** **[0000006845_2175894_2]** 
- Apogee generated strong Q2 operating cash flow of **$57.1 million** and maintains a strong balance sheet with a consolidated leverage ratio of **1.5**.  **[0000006845_2175894_2]**

Apogee Enterprises Reports Q2 2026 Results and Updates Fiscal Year Guidance

- Apogee Enterprises reported **net sales of $358 million**, an increase of **4.6%**, and **adjusted diluted earnings per share of $0.98** for the second quarter of fiscal 2026.  **[6845_0000006845-25-000154_a83025fy26q2results.htm:0]** 
- The company **updated its fiscal 2026 outlook**, projecting **net sales in the range of $1.39 billion to $1.42 billion** and **adjusted diluted EPS between $3.60 and $3.90**.  **[6845_0000006845-25-000154_a83025fy26q2results.htm:3]** 
- Consolidated net sales growth was significantly influenced by a **$24.9 million inorganic sales contribution from the UW Solutions acquisition**.  **[6845_0000006845-25-000154_a83025fy26q2results.htm:1]** 
- Adjusted EBITDA decreased to **$44.4 million** with an adjusted EBITDA margin of **12.4%**, down from **15.5%** in the prior-year period.  **[6845_0000006845-25-000154_a83025fy26q2results.htm:1]** 
- Long-term debt decreased by **$41 million** from the prior quarter to **$270 million**, reducing the Consolidated Leverage Ratio to **1.5x**.  **[6845_0000006845-25-000154_a83025fy26q2results.htm:2]**

APOGEE ENTERPRISES (APOG)