Simpson Manufacturing Co., Inc. Announces 2026 Second Quarter Financial Results and Updates 2026 Guidance

Net sales of $671.1 million increased 6.3% year-over-year Income from operations of $169.1 million increased 20.6% year-over-year Net income per diluted share of $3.09 increased 25.1% year-over-year Repurchased $48.7 million of common stock during the quarter Increased 2026 share repurchase authorization by $50.0 million Declared a $0.30 per share dividend

Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD ), an industry leader in engineered structural connectors and building solutions, today announced its financial results for the second quarter of 2026. All comparisons below (which are generally indicated by words such as "increased," "decreased," "remained," or "compared to"), unless otherwise noted, are comparing the quarter ended June 30, 2026 with the quarter ended June 30, 2025. In the first quarter of 2026, the Company reclassified certain software amortization costs related to the Company's component manufacturing efforts from general and administrative expense to cost of sales. Additionally, for the year ended December 31, 2025, the Company reclassified certain quality assurance costs from general and administrative expense to cost of sales. The financial results for the three and six months ended June 30, 2025 have been recast for comparison purposes and to conform to the current period classification, with $1.5 million and $3.0 million of costs being reclassified from general and administrative expense to cost of sales. The reclassification did not have any impact on the total income from operations.

Consolidated 2026 Second Quarter Highlights Three Months Ended Year-Over- Six Months Ended Year-Over- June 30, Year June 30, Year 2026 2025 Change 2026 2025 Change (In thousands, except per share data and percentages) Net sales $ 671,076 $ 631,055 6.3 % $ 1,259,040 $ 1,169,950 7.6 % Gross profit 318,193 292,891 8.6 % 584,084 543,457 7.5 % Gross profit margin 47.4 % 46.4 % 46.4 % 46.5 % Total operating expenses 154,420 152,839 1.0 % 305,076 301,034 1.3 % Income from operations 169,130 140,244 20.6 % 283,747 242,563 17.0 % Operating income margin 25.2 % 22.2 % 22.5 % 20.7 % Net income $ 127,042 $ 103,541 22.7 % $ 215,258 $ 181,425 18.6 % Net income per diluted common share $ 3.09 $ 2.47 25.1 % $ 5.22 $ 4.33 20.6 % Adjusted EBITDA 1 $ 196,083 $ 159,893 22.6 % $ 335,444 $ 282,067 18.9 % Trailing Twelve Months Ended Year-Over- June 30, Year 2026 2025 Change (In thousands, except percentages) Total U.S. Housing starts 2 1,359 1,368 (0.6) % ______________________________ 1 Adjusted EBITDA is a non-GAAP financial measure and is defined in the Non-GAAP Financial Measures section of this press release. For a reconciliation of Adjusted EBITDA to U.S. GAAP (as defined below) net income, see the schedule titled "Reconciliation of Non-GAAP Financial Measures." 2 Housing starts is based on the trailing twelve months for the periods ended June 30, 2026 and 2025 as reported by the United States Census Bureau.

"Our second quarter results reflect solid execution across our operations, with net sales increasing 6.3% year‑over‑year to $671.1 million, driven by growth in both North America and Europe," said Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc. "North America sales growth of 6.0% year-over-year was driven primarily by our 2025 pricing actions in response to tariffs and multiyear cost increases, partially offset by lower volumes tied to a softer market. In Europe, net sales rose 7.6% year‑over‑year, leading to a record quarter for operating income margin of 13.7%. Consolidated profitability strengthened in the quarter, with gross margin expanding 100 basis points to 47.4% and operating margin improving 300 basis points to 25.2%, including a 100 basis point benefit from a $5.5 million eminent domain settlement and the benefit of our 2025 strategic cost savings initiatives. These result...