Earnings Releases·Nov 2, 2026, 4:20 PM ET

Boise Cascade — Third Quarter 2026 Earnings Summary

Consolidated sales rose 8% year-over-year to $1.802 billion, while net income surged 67% to $36.4 million ($1.04 per diluted share) and Adjusted EBITDA increased 32% to $98.5 million.
Wood Products segment income turned positive at $16.1 million, reversing a $12.1 million loss from the prior year, driven by higher plywood prices and EWP volumes; Building Materials Distribution sales grew 7% to $1.669 billion despite a 6% decline in segment income.
Fourth quarter 2026 Total Company EBITDA is guided to $32–$54 million, with management noting typical seasonal deceleration in Q4 and expecting 2027 housing starts to decline mid-single digits.
Capital return activity included $26.1 million in dividends paid for the first nine months of 2026, a new quarterly dividend of $0.23 per share declared in October, and $117.8 million in share repurchases, leaving $120 million available under the existing program.
Liquidity remains strong at $780.3 million ($385.1 million cash plus $395.1 million undrawn credit availability) against $452.5 million in outstanding debt, with 2026 capital expenditures projected at $120–$140 million.