Topbuild (BLD) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Topbuild Corp  (NYSE: BLD)
    Sector  Capital Goods    Industry Construction Services

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Description of Topbuild's Business Segments


Topbuild Corp is a prominent player in the manufacturing and installation of insulation and building envelope solutions, primarily operating in the North American construction market. Their extensive portfolio of products and services is tailored to meet the needs of both residential and commercial sectors, focusing on energy efficiency, durability, and indoor comfort.

Segments

1. Insulation:
The insulation segment is crucial to Topbuild’s operations, offering a diverse array of insulation products crafted from various materials, including fiberglass, cellulose, and foam. These products cater to both new construction and retrofit projects. The company not only manufactures insulation materials but also provides installation services to ensure optimal performance and compliance with building codes.

2. Building Envelope:
This segment emphasizes the integrity and functionality of a buildings external envelope. It focuses on solutions aimed at air sealing and moisture management. Services provided include the installation of air barriers, waterproofing systems, and other protective measures that enhance the durability and energy efficiency of buildings. By addressing air leaks and moisture intrusion, Topbuild contributes to healthier indoor environments and prolonged structural longevity.

3. Distribution:
Operating under the name Service Partners, the distribution segment is responsible for the wholesale distribution of insulation products. This network spans over 90 branches across the United States, serving independent contractors, builders, and other licensed professionals. The distribution model allows for timely and efficient delivery of insulation materials, supporting the growing construction markets demands.

Products

1. Fiberglass Insulation:
Topbuild offers a comprehensive selection of fiberglass insulation products, recognized for their thermal resistance indicated by R-value ratings. These products are suitable for various applications and are designed to enhance energy efficiency in buildings. Fiberglass insulation is popular for its lightweight properties and ease of installation.

2. Spray Foam Insulation:
The company provides advanced spray foam insulation solutions that deliver superior air sealing capabilities. This product is especially effective for hard-to-reach areas and is known for its energy efficiency, helping to minimize heat transfer and energy costs.

3. Cellulose Insulation:
Topbuild’s cellulose insulation products are made from recycled paper materials, making them an environmentally friendly choice. They are processed to resist fire, pests, and mold, making them a sustainable option for insulation. Cellulose insulation also offers excellent sound dampening qualities.

4. Insulation Accessories:
To support the installation process, Topbuild supplies a range of insulation accessories, including tape, sealers, and caulking guns. These tools are essential for achieving airtight seals and maximizing the effectiveness of the insulation products.

Services

1. New Construction Installation:
In the new construction realm, Topbuild offers comprehensive installation services. This involves assessing the specific insulation and air sealing requirements of a project, selecting the most appropriate products, and executing a seamless installation that adheres to local codes and standards.

2. Retrofit Installation:
For existing buildings seeking energy improvements, Topbuild provides retrofit installation services. This service includes a thorough inspection of the building to determine insulation needs, followed by the design and implementation of a solution that optimizes energy efficiency and performance.

3. Air Sealing:
Topbuild specializes in air sealing services designed to improve a building’s indoor air quality while reducing energy consumption. By identifying and sealing leakage points, they help maintain comfortable and energy-efficient environments.

4. Waterproofing:
The waterproofing services offered by Topbuild are geared towards safeguarding buildings from moisture-related issues such as mold, mildew, and structural damage. Utilizing industry-leading materials and techniques, these services ensure that buildings remain protected from water infiltration.

International Operations

While Topbuild Corp primarily focuses on the North American market, its operational footprint and methodologies set a precedent for potential international expansion. The company may explore opportunities to leverage its expertise in insulation and building envelope solutions in international markets. Such endeavors could enable Topbuild to cater to the increasing global demand for sustainable building practices and energy-efficient construction technologies.

Conclusion

Overall, Topbuild Corp stands out as a comprehensive provider of insulation and building envelope solutions, emphasizing quality, sustainability, and customer service. Their extensive range of products, coupled with a strong commitment to innovation and excellence, positions them well in a competitive market, promising to meet current and future needs of the construction industry.


Composition of Topbuild Corp Revenues by Segments

 
Insulation and accessories    78.16 % of total Revenue
Gutters    4.49 % of total Revenue
Glass and windows    3.54 % of total Revenue
Roofing    8.31 % of total Revenue
All other    5.54 % of total Revenue
Residential    49.06 % of total Revenue
Commercial and Industrial    50.98 % of total Revenue
Installation Services    53.78 % of total Revenue
Specialty Distribution    51 % of total Revenue
Segment    104.79 % of total Revenue
Installation Services Insulation and accessories    36.36 % of total Revenue
Installation Services Gutters    1.65 % of total Revenue
Installation Services Glass and windows    3.54 % of total Revenue
Installation Services Roofing    8.31 % of total Revenue
Installation Services All other    3.92 % of total Revenue
Installation Services Residential    37.38 % of total Revenue
Installation Services Commercial and Industrial    16.41 % of total Revenue
Specialty Distribution Insulation and accessories    45.79 % of total Revenue
Specialty Distribution Gutters    3.5 % of total Revenue
Specialty Distribution All other    1.72 % of total Revenue
Specialty Distribution Residential    15.51 % of total Revenue
Specialty Distribution Commercial and Industrial    35.49 % of total Revenue
Eliminations    -4.74 % of total Revenue
Eliminations Insulation and accessories    -3.99 % of total Revenue
Eliminations Gutters    -0.66 % of total Revenue
Eliminations All other    -0.09 % of total Revenue
Eliminations Residential    -3.82 % of total Revenue
Eliminations Commercial and Industrial    -0.92 % of total Revenue
Eliminations Specialty Distribution    -4.74 % of total Revenue
Intercompany Eliminations    -4.74 % of total Revenue
Intercompany Eliminations Specialty Distribution    -4.74 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Insulation and accessories 1,129.58 78.16 %
Gutters 64.90 4.49 %
Glass and windows 51.15 3.54 %
Roofing 120.14 8.31 %
All other 80.09 5.54 %
Residential 709.10 49.06 %
Commercial and Industrial 736.76 50.98 %
Installation Services 777.33 53.78 %
Specialty Distribution 737.08 51 %
Segment 1,514.41 104.79 %
Installation Services Insulation and accessories 525.50 36.36 %
Installation Services Gutters 23.89 1.65 %
Installation Services Glass and windows 51.15 3.54 %
Installation Services Roofing 120.14 8.31 %
Installation Services All other 56.64 3.92 %
Installation Services Residential 540.18 37.38 %
Installation Services Commercial and Industrial 237.15 16.41 %
Specialty Distribution Insulation and accessories 661.75 45.79 %
Specialty Distribution Gutters 50.53 3.5 %
Specialty Distribution All other 24.80 1.72 %
Specialty Distribution Residential 224.10 15.51 %
Specialty Distribution Commercial and Industrial 512.98 35.49 %
Eliminations -68.55 -4.74 %
Eliminations Insulation and accessories -57.68 -3.99 %
Eliminations Gutters -9.53 -0.66 %
Eliminations All other -1.34 -0.09 %
Eliminations Residential -55.19 -3.82 %
Eliminations Commercial and Industrial -13.36 -0.92 %
Eliminations Specialty Distribution -68.55 -4.74 %
Intercompany Eliminations -68.55 -4.74 %
Intercompany Eliminations Specialty Distribution -68.55 -4.74 %
Total 1,445.25 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Insulation and accessories 9.35 % -
Gutters 5.94 % -
Glass and windows -14.06 % -
Roofing - -
All other 0.77 % -
Residential -7.88 % -
Commercial and Industrial 58.95 % -
Installation Services 4.26 % -
Specialty Distribution 31.67 % -
Segment 16.02 % -
Installation Services Insulation and accessories -11.87 % -
Installation Services Gutters -4.02 % -
Installation Services Glass and windows -14.06 % -
Installation Services Roofing - -
Installation Services All other -12.64 % -
Installation Services Residential -13.01 % -
Installation Services Commercial and Industrial 90.37 % -
Specialty Distribution Insulation and accessories 32.15 % -
Specialty Distribution Gutters 16.34 % -
Specialty Distribution All other 58.9 % -
Specialty Distribution Residential 6.71 % -
Specialty Distribution Commercial and Industrial 46.65 % -
Eliminations - -
Eliminations Insulation and accessories - -
Eliminations Gutters - -
Eliminations All other - -
Eliminations Residential - -
Eliminations Commercial and Industrial - -
Eliminations Specialty Distribution - -
Intercompany Eliminations - -
Intercompany Eliminations Specialty Distribution - -
Total 17.26 % -73.28 %




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total 104.81 7.25 %




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total -15.05 % -79.91 %




Annual Report on Topbuild Corp Divisions, Sales by Country

 
Insulation and accessories   Insulation and accessories Segment contribution to total sales 80.15 % of total Revenue
Gutters   Gutters Segment contribution to total sales 5.47 % of total Revenue
Glass and windows   Glass and windows Segment contribution to total sales 4.37 % of total Revenue
Roofing   Roofing Segment contribution to total sales 3.99 % of total Revenue
All other   All other Segment contribution to total sales 6.02 % of total Revenue
Residential   Residential Segment contribution to total sales 57.81 % of total Revenue
Commercial and Industrial   Commercial and Industrial Segment contribution to total sales 42.2 % of total Revenue
Installation Services   Installation Services Segment contribution to total sales 58.84 % of total Revenue
Specialty Distribution   Specialty Distribution Segment contribution to total sales 46.65 % of total Revenue
Segment   Segment Segment contribution to total sales 105.49 % of total Revenue
Installation Services Insulation and accessories   Installation Services Insulation and accessories Segment contribution to total sales 43.71 % of total Revenue
Installation Services Gutters   Installation Services Gutters Segment contribution to total sales 2.05 % of total Revenue
Installation Services Glass and windows   Installation Services Glass and windows Segment contribution to total sales 4.27 % of total Revenue
Installation Services Roofing   Installation Services Roofing Segment contribution to total sales 3.99 % of total Revenue
Installation Services All other   Installation Services All other Segment contribution to total sales 4.81 % of total Revenue
Installation Services Residential   Installation Services Residential Segment contribution to total sales 45.66 % of total Revenue
Installation Services Commercial and Industrial   Installation Services Commercial and Industrial Segment contribution to total sales 13.18 % of total Revenue
Specialty Distribution Insulation and accessories   Specialty Distribution Insulation and accessories Segment contribution to total sales 41.18 % of total Revenue
Specialty Distribution Gutters   Specialty Distribution Gutters Segment contribution to total sales 4.08 % of total Revenue
Specialty Distribution All other   Specialty Distribution All other Segment contribution to total sales 1.29 % of total Revenue
Specialty Distribution Residential   Specialty Distribution Residential Segment contribution to total sales 16.68 % of total Revenue
Specialty Distribution Commercial and Industrial   Specialty Distribution Commercial and Industrial Segment contribution to total sales 29.97 % of total Revenue
Eliminations   Eliminations Segment contribution to total sales -5.49 % of total Revenue
Eliminations Insulation and accessories   Eliminations Insulation and accessories Segment contribution to total sales -4.74 % of total Revenue
Eliminations Gutters   Eliminations Gutters Segment contribution to total sales -0.67 % of total Revenue
Eliminations All other   Eliminations All other Segment contribution to total sales -0.08 % of total Revenue
Eliminations Residential   Eliminations Residential Segment contribution to total sales -4.54 % of total Revenue
Eliminations Commercial and Industrial   Eliminations Commercial and Industrial Segment contribution to total sales -0.96 % of total Revenue
Eliminations Specialty Distribution   Eliminations Specialty Distribution Segment contribution to total sales -5.49 % of total Revenue
Specialty Distribution Glass and windows   Specialty Distribution Glass and windows Segment contribution to total sales 0.1 % of total Revenue


Twelve months ended 2025
BLD s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Insulation and accessories 4,335.41 80.15 %
Gutters 295.76 5.47 %
Glass and windows 236.43 4.37 %
Roofing 215.82 3.99 %
All other 325.67 6.02 %
Residential 3,126.70 57.81 %
Commercial and Industrial 2,282.39 42.2 %
Installation Services 3,182.85 58.84 %
Specialty Distribution 2,523.32 46.65 %
Segment 5,706.18 105.49 %
Installation Services Insulation and accessories 2,364.51 43.71 %
Installation Services Gutters 111.12 2.05 %
Installation Services Glass and windows 231.06 4.27 %
Installation Services Roofing 215.82 3.99 %
Installation Services All other 260.36 4.81 %
Installation Services Residential 2,469.96 45.66 %
Installation Services Commercial and Industrial 712.90 13.18 %
Specialty Distribution Insulation and accessories 2,227.56 41.18 %
Specialty Distribution Gutters 220.63 4.08 %
Specialty Distribution All other 69.76 1.29 %
Specialty Distribution Residential 902.13 16.68 %
Specialty Distribution Commercial and Industrial 1,621.19 29.97 %
Eliminations -297.09 -5.49 %
Eliminations Insulation and accessories -256.65 -4.74 %
Eliminations Gutters -35.99 -0.67 %
Eliminations All other -4.45 -0.08 %
Eliminations Residential -245.39 -4.54 %
Eliminations Commercial and Industrial -51.70 -0.96 %
Eliminations Specialty Distribution -297.09 -5.49 %
Total 5,409.00 100 %
Specialty Distribution Glass and windows 5.37 0.1 %


Twelve months ended 2025
BLD s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total 521.73 9.65 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Insulation and accessories -2.64 % -
Gutters 5.53 % -
Glass and windows -4.25 % -
All other -6.81 % -
Residential -9.33 % -
Commercial and Industrial 21.31 % -
Installation Services -3.39 % -
Specialty Distribution 7.8 % -
Segment 1.25 % -
Installation Services Insulation and accessories -10.6 % -
Installation Services Gutters -6.55 % -
Installation Services Glass and windows -6.43 % -
Installation Services All other -8.32 % -
Installation Services Residential -10.6 % -
Installation Services Commercial and Industrial 34.02 % -
Specialty Distribution Insulation and accessories 7.24 % -
Specialty Distribution Gutters 14.11 % -
Specialty Distribution All other -0.67 % -
Specialty Distribution Residential -4.63 % -
Specialty Distribution Commercial and Industrial 16.22 % -
Eliminations - -
Eliminations Insulation and accessories - -
Eliminations Gutters - -
Eliminations All other - -
Eliminations Residential - -
Eliminations Commercial and Industrial - -
Eliminations Specialty Distribution - -
Total 1.5 % -16.2 %
Installation - -
Installation Insulation and accessories - -
Installation Glass and windows - -
Installation Gutters - -
Installation All other - -
Installation Residential - -
Installation Commercial and Industrial - -



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