Quanex Building Products CORP (NX) Form 10-Q — Jun 5, 2026
Quanex Building Products reported a net loss of $0.7 million for the six months ended April 30, 2026, a sharp reversal from the $5.6 million net income in the prior year period, driven by a 36% decline in operating income to $21.6 million despite a 2% increase in net sales to $871.5 million. The margin compression was primarily caused by higher cost of sales, including tariff-related costs and unfavorable foreign currency movements, which outpaced pricing adjustments and volume growth. The Hardware Solutions segment turned unprofitable with a $14.2 million operating loss, while Extruded Solutions and Custom Solutions saw their operating incomes decline by 6% and 30% respectively.
Key figures
- Revenue
- 871456000
- Total Debt
- 705477000
- Revenue Yoy
- 2%
- Cash Position
- 63671000
- Interest Expense
- 24409000
- Operating Income
- 21562000
- Effective Tax Rate
- 122.4%
- Shares Outstanding
- 45927965
- Available Liquidity
- 264900000
- Operating Income Yo Y
- -36%
Price after filing
Close on the filing date to close N calendar days later (from $17.81). Historical, not a forecast.
AI analysis
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