The earnings call reflects a mixed performance with significant cost savings and strong free cash flow as highlights, but notable declines in net income, sales, and ongoing macroeconomic challenges as lowlights.

Company Guidance

In the fourth quarter of fiscal year 2025, GMS Inc. reported strong financial performance, with net sales reaching $1.3 billion and an adjusted EBITDA of $109.8 million, both figures aligning with the higher end of the company's prior expectations. Despite facing macroeconomic challenges, the company saw a rise in net income to $26.1 million and generated $196.8 million in cash from operating activities, yielding a remarkable free cash flow of $183.4 million, or 167% of adjusted EBITDA. Across the fiscal year, GMS Inc. achieved $5.5 billion in net sales, with organic sales slightly declining by 5.4% on a same-day basis. The company implemented a cost savings program, realizing $25 million in annualized savings in the fourth quarter, contributing to a total of $55 million in savings for the fiscal year. Looking forward, GMS Inc. is cautiously optimistic about market recovery, expecting net sales for the first fiscal quarter of 2026 to decrease by low to mid-single digits, with adjusted EBITDA projected to be between $132 million and $137 million.

Record Free Cash Flow

The company generated $183.4 million in free cash flow during the fourth quarter, representing 167% of adjusted EBITDA, marking the highest level of quarterly free cash flow conversion in the company’s history.

Cost Reduction Success

GMS implemented a total of $55 million in annualized cost savings during fiscal 2025, exceeding the projected $20 million for the fourth quarter alone.

Strong Cash Position

The company ended the fiscal year with $55.6 million in cash and $631.3 million of available liquidity under its revolving credit facility.

Complementary Product Growth

Complementary product sales grew 1.4% on a per day basis, marking the twentieth consecutive quarter of per day growth in this margin-accretive category.

GMS (GMS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GMS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 04, 2025	2026 (Q2)	1.86 / -	2.02	―	―	―
Aug 28, 2025	2026 (Q1)	1.72 / 1.76	1.93	-8.81% (-0.17)	―	―
Jun 18, 2025	2025 (Q4)	1.11 / 1.29	1.93	-33.16% (-0.64)
Mar 06, 2025	2025 (Q3)	1.40 / 0.92	1.6	-42.50% (-0.68)
Dec 05, 2024	2025 (Q2)	2.19 / 2.02	2.3	-12.17% (-0.28)
Aug 29, 2024	2025 (Q1)	2.14 / 1.93	2.4	-19.58% (-0.47)
Jun 20, 2024	2024 (Q4)	2.05 / 1.93	2.11	-8.53% (-0.18)
Feb 29, 2024	2024 (Q3)	1.61 / 1.60	1.85	-13.51% (-0.25)
Dec 07, 2023	2024 (Q2)	2.26 / 2.30	2.79	-17.56% (-0.49)
Aug 31, 2023	2024 (Q1)	2.39 / 2.40	2.43	-1.23% (-0.03)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GMS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 18, 2025	$73.24	$81.01	+10.61%
Mar 06, 2025	$78.81	$72.93	-7.46%
Dec 05, 2024	$102.29	$97.76	-4.43%
Aug 29, 2024	$91.15	$85.00	-6.75%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does GMS Inc (GMS) report earnings?

GMS Inc (GMS) is schdueled to report earning on Dec 04, 2025, Before Open (Confirmed).

What is GMS Inc (GMS) earnings time?

GMS Inc (GMS) earnings time is at Dec 04, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GMS EPS forecast?

GMS EPS forecast for the fiscal quarter 2026 (Q2) is 1.86.

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