BuildDirect Q2 FY26 net loss narrows to $188,569; revenue rises 16.6% to $19.7 million year over year

Reuters2026/08/26 12:32

By:Reuters

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BuildDirect posted Q2 2026 revenue of USD 19.7 million, up 16.6% year over year.
Comprehensive loss narrowed to USD 188,569 from USD 138,458 profit a year earlier; loss per share was USD 0.01.
Gross margin slipped 0.7 percentage points to 39.2%, while gross profit rose 14.7% to USD 7.7 million.
Adjusted EBITDA (non-IFRS) swung to USD 0.4 million from a loss of USD 0.3 million in Q1 2026.
Tile Outlets of America acquisition closed, adding three Florida tile showrooms; Pro Centers generated 77% of consolidated revenue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BuildDirect.com Technologies Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608260830NEWSFILECNPR____20260826_311558_1) on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BuildDirect Q2 FY26 net loss narrows to $188,569; revenue rises 16.6% to $19.7 million year over year

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