Adam Thalhimer

Trey Grooms

Asher Sohnen

Jerry Revich

Philip Ng

Brent Thielman

Brian Brophy

Jonathan Bettenhausen

Anthony Pettinari

Jessie Baron

Keith Hughes

Patrick Brown

- Eagle Materials achieved **record revenue of $639 million** and an **EPS of $4.23** for the second quarter of fiscal year 2026.  **[0000918646_2215884_1]** **[0000918646_2215884_3]** 
- The company anticipates total capital spending for fiscal year 2026 to be in the range of **$475 million to $500 million**, primarily allocated to the modernization and expansion of its Laramie cement plant and Duke wallboard facility.  **[0000918646_2215884_3]** **[0000918646_2215884_8]** 
- Heavy materials sector revenue increased **11%**, driven by higher cement sales volume and contributions from recently acquired aggregates businesses, while light materials sector revenue decreased **13%** due to lower wallboard sales volume.  **[0000918646_2215884_3]** 
- During the quarter, Eagle Materials repurchased approximately **396,000 shares for $89 million** and announced cement price increases effective **January 1, 2026**, across most markets.  **[0000918646_2215884_3]** **[0000918646_2215884_1]**

Eagle Materials Reports Record Q2 Fiscal 2026 Revenue and EPS, Outlines Capital Spending Plans

- **EXP (Eagle Materials)** reported **record revenue of $639 million** for Q2 Fiscal Year 2026, a **2% increase** year-over-year, with diluted **EPS of $4.23**.  **[0000918646_2215503:5]** **[0000918646_2215503:6]** 
- The company generated **$205 million** in operating cash flow and returned approximately **$97 million** to shareholders, including **$89 million** in share repurchases.  **[0000918646_2215503:5]** **[0000918646_2215503:7]** 
- Heavy Materials revenue grew to **$467 million**, driven by an **8% increase** in Cement sales volume and a **103% increase** in Aggregate sales volume, while Light Materials revenue declined to **$213 million** due to a **14% decrease** in Wallboard sales volume.  **[0000918646_2215503:6]** 
- Significant progress was made on the Laramie, Wyoming cement plant modernization, which is expected to reduce operating costs by **25%** and increase production by **400,000 tons** upon completion in late calendar 2026.  **[0000918646_2215503:5]** **[0000918646_2215503:6]**

Eagle Materials Announces Q2 Fiscal Year 2026 Results

- Eagle Materials reported **record revenue of $638.9 million** and **net earnings per diluted share of $4.23** for the second quarter of fiscal 2026, ended September 30, 2025.  **[918646_2bff2c910b554508aad8c5465519a811_0]** 
- The company repurchased **395,500 shares** of its common stock for approximately **$89 million** during the quarter.  **[918646_2bff2c910b554508aad8c5465519a811_0]** 
- Heavy Materials sales volume increased, with Cement up **8%** and organic Aggregates up **35%**, while Gypsum Wallboard sales volume decreased **14%**.  **[918646_2bff2c910b554508aad8c5465519a811_0]** 
- Eagle Materials ended the quarter with **$1.3 billion in debt** and a **net leverage ratio of 1.6x**, and continued investments in plant modernization and expansion.  **[918646_2bff2c910b554508aad8c5465519a811_0]**

Eagle Materials Reports Second Quarter Fiscal 2026 Results

EAGLE MATERIALS (EXP)