BLDR Builders FirstSource

FY2025 10-K
Filed: Feb 17, 2026
Consumer Discretionary
Retail-Lumber & Other Building Materials DealersSEC EDGAR

Builders FirstSource (BLDR) filed its fiscal year 2025 10-K annual report with the SEC on Feb 17, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Integrated homebuilding solutions supplying structural building products nationwide through manufacturing, distribution, and professional installation
  • New emphasis on multi-family and light commercial markets via recent acquisitions, expanding value-added components and millwork offerings
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Management Discussion & Analysis

  • Revenue $15.2B in 2025, down 7.4% YoY from $16.4B in 2024; core organic sales down 10.3%
  • Gross margin 30.4% in 2025 vs 32.8% in 2024; income from operations margin 5.2% vs 9.7%
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Risk Factors

  • Regulatory risk from U.S. Census data reliance for operations in 48 of top 50 and 94 of top 100 CBSAs by single family housing permits in 2025
  • Macroeconomic exposure to material price inflation via leases with rent escalations tied to consumer price index
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Financial Summary
XBRL

Revenue

$15.2B

Net Income

$435M

Gross Margin

30.4%

Operating Margin

5.2%

Net Margin

2.9%

ROE

10.0%

Total Assets

$11.2B

EPS (Diluted)

$3.89

Operating Cash Flow

$1.2B

Source: XBRL data from Builders FirstSource FY2025 10-K filing on SEC EDGAR. All figures in USD.

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