Earnings Releases·Nov 4, 2026, 6:30 AM ET

Trex Company — Third Quarter 2026 Earnings Summary

Net sales rose 26.0% year-over-year to $360 million; adjusted net income increased to $56 million ($0.55 per share) from $55 million ($0.51 per share), while gross margin declined to 36.0% from 40.5% due to higher transportation costs and depreciation.
Full-year 2026 guidance was raised to $1,296–$1,306 million for net sales and $355–$360 million for adjusted EBITDA, with Q4 net sales guidance set at $175–$185 million.
The company generated $135 million in free cash flow, repurchased $55 million of shares (anticipating $300 million total for 2026), and repaid $83 million of revolving credit facility debt.
Strategic initiatives include the appointment of a new Chief Commercial Officer, a new distribution partnership with Do it Best Group, and the Arkansas facility operating at 50% capacity by year-end.