Gibraltar Industries, Inc. announced its first quarter 2025 financial results on April 30, 2025, reporting consolidated net sales of $290.0 million, a slight decrease of 0.9% year-over-year. Adjusted net sales remained flat at $290.0 million. GAAP diluted EPS was $0.69, down 14.8%, while adjusted diluted EPS increased by 18.8% to $0.95.
The company achieved a record consolidated backlog of $434 million, representing a 30% increase year-over-year, driven by strong bookings in its project-based businesses. Operating cash flow for the quarter was $14 million. Gibraltar reiterated its full-year 2025 guidance, expecting net sales between $1.40 billion and $1.45 billion, and adjusted EPS between $4.80 and $5.05.
In a separate announcement, Gibraltar's Board of Directors approved a new share repurchase program authorizing up to an additional $200 million of common stock. This three-year program, ending April 30, 2028, succeeds the previous program and will be funded by available cash from operations, opportunistically supplemented by borrowing under the existing credit facility.
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