How Installed Building Products makes money

Period

FY2025

How does Installed Building Products make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Installed Building Products Inc. · FY2025 · year ended 2025-12-31

Revenue$3.0BGross profit$1.0B · 34%Cost of revenue$2.0B · 66%Operating income$386M · 13%Operating expenses$623M · 21%SG&A$437M · 15%Other opex$186M · 6%Pre-tax income$357M · 12%Other expense$29M · 1%Net income$265M · 9%Income tax$92M · 3%Insulation$1.7B · 58%Shower Doors Shelving & Mirrors$219M · 7%Other Product Installation$207M · 7%Other Building Products$184M · 6%Garage Doors$173M · 6%Waterproofing$161M · 5%Rain Gutters$125M · 4%Fireproofing & Firestopping$117M · 4%Window Blinds$77M · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.