UFP Industries, Inc. filed its Form 10-Q for the quarterly period ended September 26, 2026, with the SEC on November 4, 2026, reporting third-quarter net sales of $1,732,836 thousand and nine-month net sales of $5,077,040 thousand.

Key Highlights

  • Q3 Net Sales: Net sales for the three months ended September 26, 2026 were $1,732,836 thousand, compared to $1,559,627 thousand in the same period of 2025.
  • Q3 Earnings from Operations: Earnings from operations for the third quarter were $70,156 thousand, down from $89,471 thousand in Q3 2025.
  • Q3 Net Earnings Attributable to Controlling Interest: $57,965 thousand, versus $75,346 thousand in the prior-year quarter.
  • Diluted EPS: Earnings per share on a diluted basis were $1.05 for Q3 2026, compared to $1.29 for Q3 2025; nine-month diluted EPS was $3.43 versus $4.28.
  • Total Assets: Total assets stood at $4,133,966 thousand as of September 26, 2026, compared to $4,022,893 thousand at December 27, 2025.
  • Shares Outstanding: Common shares outstanding as of September 26, 2026 were 54,595,341, down from 56,591,900 at December 27, 2025 and 58,257,224 at September 27, 2025.
  • Cash and Equivalents: Cash and cash equivalents were $677,446 thousand at September 26, 2026, versus $914,199 thousand at December 27, 2025.

UFP Industries Third-Quarter and Nine-Month 2026 Financial Results

According to the filing, UFP Industries reported net sales of $1,732,836 thousand for the three months ended September 26, 2026, an increase from $1,559,627 thousand in the comparable prior-year period. Cost of sales for the quarter was $1,487,915 thousand, resulting in gross profit of $244,921 thousand, compared to gross profit of $262,681 thousand in Q3 2025. The company reported total operating expenses of $174,765 thousand for the quarter, which included a net gain on disposition and impairments of assets of $3,184 thousand, partially offsetting selling, general and administrative expenses of $178,091 thousand.

For the nine months ended September 26, 2026, the filing disclosed net sales of $5,077,040 thousand and earnings from operations of $237,653 thousand, compared to $4,990,520 thousand and $304,814 thousand, respectively, in the nine months ended September 27, 2025. Net earnings attributable to the controlling interest for the nine-month period were $191,611 thousand, versus $254,833 thousand in the prior-year period. Income taxes for the nine months were $63,777 thousand.

The condensed consolidated balance sheet as of September 26, 2026 showed total liabilities of $1,077,405 thousand, up from $934,186 thousand at December 27, 2025. Long-term debt and finance lease obligations were $229,114 thousand. Total controlling interest shareholders' equity was $3,035,754 thousand. The company's goodwill was reported at $345,632 thousand, and property, plant and equipment, net, stood at $1,070,954 thousand. Retained earnings were $2,505,340 thousand at the quarter-end date, compared to $2,559,375 thousand at December 27, 2025.

What Was Disclosed

UFP Industries filed its quarterly report on Form 10-Q (NASDAQ:UFPI) for the period ended September 26, 2026, disclosing lower year-over-year earnings from operations and net earnings for both the third quarter and nine-month period, alongside higher net sales and increased total assets relative to year-end 2025.