Aug 2026 (Q2 FY27) — Oct 6, 2026
Apogee Enterprises Q2 FY27 — Beat and raise on pricing, productivity and CalWall
Read the full callApogee Enterprises (APOG) earnings
- Aug 2026
- Aug 2026 (Q2 FY27)
- Feb 2026
Apogee Enterprises earnings: last reported Tue, 6 Oct 2026, for the quarter ended Aug 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 391 | +9.2% YoY | Quarterly, as filed | Quarter to Aug 2026 | Revenue from operations as filed. |
| Operating margin | 8.6 | +1.1 pts YoY | Operating profit / revenue | Quarter to Aug 2026 | For the quarter; a change is in percentage points. |
| Net profit | 22.4 | −5.4% YoY | Quarterly, as filed | Quarter to Aug 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
2 of 2 judged targets kept · 6 open · verdicts reflect calls analysed to Aug 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EPS | lower year over year | May 2026 | Adjusted diluted EPS improved over 19% to $1.17, exceeding our own expectations | Achieved |
| Adjusted effective tax rate | 26% to 27% | May 2026 | an adjusted effective tax rate of approximately 26% | Revised Up |
| Capital expenditures | $35 million to $40 million | May 2026 | capital expenditures between $35 million and $40 million | On Track |
6 of APOGEE ENTERPRISES, INC.'s 8 targets are still open. See which are on track and which have gone quiet. The 3 above are the free sample; 5 more targets are in the full ledger.
Claimed
- Net sales rose 9.2% to $391.1M, driven by CalWall, price and mix
- Adjusted diluted EPS (non-GAAP) up over 19% to $1.17, ahead of company expectations; adjusted EBITDA margin 12.7% vs 12.4%
- Services backlog $833M, up 5% YoY and 13% sequentially; 10th consecutive quarter of sales growth
- Glass adjusted EBITDA margin recovered to 14.9% from 8.7% in Q1
- FY27 net sales and adjusted EPS guidance raised
Qualified
- Volume was lower in Metals and Glass amid persistent weak market demand
- Glass net sales ex-CalWall were pressured by lower price and higher manufacturing and freight costs; margin fell to 14.9% YoY
- Performance Surfaces adjusted EBITDA margin fell to 22.5% on higher material costs
- Leverage of 1.7x is above the historical 1.5x target (analyst-cited) after two acquisitions
- Higher aluminum costs and material inflation weigh on margins
Price
$41.68 +0.72% · +$0.3
Performance +9.7% 1Y
1Y: $38 on 17 Oct 2025 → $41.68. High $48.92 (26 Jun 2026), low $31.73 (20 Mar 2026).
- Previous close
- $41.38
- 52-week range
- $31.73 – $48.92
- One year
- +9.22%
Overview
- Symbol
- APOG
- Sector
- Materials
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
2 of 2 judged targets kept · 6 open · verdicts reflect calls analysed to Aug 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EPS | lower year over year | May 2026 | Adjusted diluted EPS improved over 19% to $1.17, exceeding our own expectations | Achieved |
| Adjusted effective tax rate | 26% to 27% | May 2026 | an adjusted effective tax rate of approximately 26% | Revised Up |
| Capital expenditures | $35 million to $40 million | May 2026 | capital expenditures between $35 million and $40 million | On Track |
Claimed
- Net sales rose 9.2% to $391.1M, driven by CalWall, price and mix
- Adjusted diluted EPS (non-GAAP) up over 19% to $1.17, ahead of company expectations; adjusted EBITDA margin 12.7% vs 12.4%
- Services backlog $833M, up 5% YoY and 13% sequentially; 10th consecutive quarter of sales growth
- Glass adjusted EBITDA margin recovered to 14.9% from 8.7% in Q1
- FY27 net sales and adjusted EPS guidance raised
Qualified
- Volume was lower in Metals and Glass amid persistent weak market demand
- Glass net sales ex-CalWall were pressured by lower price and higher manufacturing and freight costs; margin fell to 14.9% YoY
- Performance Surfaces adjusted EBITDA margin fell to 22.5% on higher material costs
- Leverage of 1.7x is above the historical 1.5x target (analyst-cited) after two acquisitions
- Higher aluminum costs and material inflation weigh on margins
The full ledger
Open APOGEE ENTERPRISES, INC.’s full ledger
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Call summaries
May 2026 (Q1 FY27) — Jun 26, 2026
Apogee Enterprises Q1 FY27 — Metals margin expansion and Kalwall acquisition offset Glass softness
Read the full callEvery analysed call
Apogee Enterprises earnings calls (APOG)
Financials
What the filings say
Net profit, year on year: −5% (quarter to aug 2026 against aug 2025).
| Line item | Nov 2024 | Mar 2025 | May 2025 | Aug 2025 | Nov 2025 | Feb 2026 | May 2026 | Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 341 | 346 | 347 | 358 | 349 | 351 | 343 | 391 |
| Operating profit | 29 | 6 | 7 | 27 | 25 | 26 | 19 | 33 |
| Operating margin | 8.4% | 1.8% | 2.0% | 7.5% | 7.1% | 7.3% | 5.5% | 8.6% |
| Other income | 0 | 0 | -1 | 5 | 2 | 0 | -0 | 0 |
| Interest | 1 | 4 | 4 | 4 | 3 | 3 | 3 | 4 |
| Profit before tax | 28 | 3 | 2 | 28 | 24 | 23 | 16 | 30 |
| Tax rate | 24.1% | 9.3% | 211.9% | 15.4% | 31.4% | 27.7% | 27.6% | 26.4% |
| Net profit | 21 | 2 | -3 | 24 | 17 | 17 | 12 | 22 |
| EPS ($ per share) | 0.96 | — | -0.13 | 1.10 | 0.78 | — | 0.55 | 1.08 |
| Line item | Mar 2019 | Feb 2020 | Feb 2021 | Feb 2022 | Feb 2023 | Mar 2024 | Mar 2025 | Feb 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 9 | 9 | 9 | 8 | 7 | 7 | 7 | 7 |
| Reserves | 368 | 388 | 357 | 255 | 274 | 340 | 360 | 376 |
| Total liabilities | 572 | 612 | 522 | 502 | 519 | 413 | 687 | 611 |
| Fixed assets | 316 | 324 | 298 | 250 | 249 | 244 | 268 | 255 |
| Investments | — | — | — | — | — | — | 5 | 6 |
| Total assets | 1,068 | 1,129 | 1,015 | 888 | 915 | 884 | 1,175 | 1,122 |
| Line item | Mar 2019 | Feb 2020 | Feb 2021 | Feb 2022 | Feb 2023 | Mar 2024 | Mar 2025 | Feb 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 96 | 107 | 142 | 100 | 103 | 204 | 125 | 122 |
| Cash from investing | -54 | -47 | -2 | 9 | -28 | -44 | -266 | -31 |
| Cash from financing | -32 | -75 | -108 | -121 | -91 | -145 | 146 | -96 |
| Net cash flow | 10 | -14 | 32 | -10 | -16 | 16 | 4 | -2 |
| Capital expenditure | -61 | -51 | -26 | -22 | -45 | -43 | -36 | -27 |
| Free cash flow | 36 | 56 | 116 | 79 | 58 | 161 | 90 | 95 |
APOG revenue by segment
Architectural Services shrank from 31% to 28% of revenue over the last two years.
| Segment | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | Q2 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Architectural Metals | — | — | 37% | 39% | 36% | 31% | 36% | 37% | +1.8% |
| Architectural Services | 31% | — | 31% | 28% | 30% | 36% | 34% | 28% | +7.9% |
| Architectural Glass | — | 14% | 20% | 19% | 19% | 17% | 18% | 21% | +22.7% |
| Performance Surfaces | — | — | 12% | 14% | 15% | 15% | 13% | 14% | +14.2% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
36 filings between Jan 2, 2026 and Sep 11, 2026.
Open market
decisions to buy or sellNobody bought or sold APOG on the open market in this window. The filings below are 24 awards, 1 option exercise, 10 tax withholdings and 1 gift.
Compensation
not trading decisions- 24
- Award — granted as compensation
- 1
- Option exercise — converted options into shares
- 10
- Tax withheld — shares kept back by the company to cover tax
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 11, 2026 | STREICH JULIE K Director | Award | 2,530 | $0 |
| Aug 7, 2026 | Wagner Patricia K Director | Gift | 2,419 | $0 |
| Aug 5, 2026 | Krishna Suresh Director | Award | 2,454 | $0 |
| Aug 5, 2026 | HAYEK JOSEPH B Director | Award | 2,454 | $0 |
| Jul 6, 2026 | Ede Christopher Willliam President, Architectural Glass | Award | 5,026 | $200.0K |
| Jul 6, 2026 | Ede Christopher Willliam President, Architectural Glass | Award | 5,089 | $202.5K |
| Jun 24, 2026 | Wagner Patricia K Director | Award | 2,741 | $115.0K |
| Jun 24, 2026 | Parker Herbert K Director | Award | 2,741 | $115.0K |
| Apr 30, 2026 | Lakkundi Veena M Pres, Performance Surfaces | Tax withheld | 1,306 | $47.5K |
| Apr 30, 2026 | Johnson Troy R Pres, Architectural Metals | Tax withheld | 2,471 | $89.9K |
| Apr 30, 2026 | Augdahl Mark Richard EVP, Chief Financial Officer | Tax withheld | 1,980 | $72.1K |
| Apr 30, 2026 | Welp Bryan Alan VP, General Counsel | Tax withheld | 180 | $6.6K |
| Apr 30, 2026 | Christian Matthew Sean President, Architectural Serv | Tax withheld | 708 | $25.8K |
| Apr 30, 2026 | Jewell Brent C President, Architectural Glass | Tax withheld | 2,806 | $102.1K |
| Apr 22, 2026 | Augdahl Mark Richard EVP, Chief Financial Officer | Tax withheld | 428 | $15.2K |
| Apr 22, 2026 | Lakkundi Veena M Pres, Performance Surfaces | Award | 9,583 | $339.9K |
| Apr 22, 2026 | Augdahl Mark Richard EVP, Chief Financial Officer | Award | 11,630 | $412.5K |
| Apr 22, 2026 | Augdahl Mark Richard EVP, Chief Financial Officer | Award | 905 | $32.1K |
| Apr 22, 2026 | Jewell Brent C President, Architectural Glass | Award | 8,067 | $286.1K |
| Apr 22, 2026 | Jewell Brent C President, Architectural Glass | Award | 2,527 | $89.6K |
| Apr 22, 2026 | Jewell Brent C President, Architectural Glass | Tax withheld | 1,315 | $46.6K |
| Apr 22, 2026 | Johnson Troy R Pres, Architectural Metals | Award | 8,671 | $307.6K |
| Apr 22, 2026 | Johnson Troy R Pres, Architectural Metals | Award | 2,385 | $84.6K |
| Apr 22, 2026 | Johnson Troy R Pres, Architectural Metals | Tax withheld | 1,220 | $43.3K |
| Apr 22, 2026 | Christian Matthew Sean President, Architectural Serv | Award | 6,628 | $235.1K |
| Apr 22, 2026 | Welp Bryan Alan VP, General Counsel | Award | 5,639 | $200.0K |
| Feb 2, 2026 | Welp Bryan Alan VP, General Counsel | Award | 1,992 | $75.0K |
| Feb 2, 2026 | Christian Matthew Sean President, Architectural Serv | Tax withheld | 360 | $13.6K |
| Jan 19, 2026 | Augdahl Mark Richard Interim CFO | Award | 18,960 | $700.0K |
| Jan 14, 2026 | Jewell Brent C President, Architectural Glass | Award | 16,882 | $600.0K |
| Jan 14, 2026 | Lakkundi Veena M Pres, Performance Surfaces | Award | 16,882 | $600.0K |
| Jan 14, 2026 | Johnson Troy R Pres, Architectural Services | Award | 16,882 | $600.0K |
| Jan 14, 2026 | Christian Matthew Sean President, Architectural Serv | Award | 16,882 | $600.0K |
| Jan 14, 2026 | Nolan Donald A Chief Executive Officer | Award | 7,386 | $262.5K |
| Jan 6, 2026 | Lakkundi Veena M Pres, Performance Surfaces | Award | 1,341 | $50.0K |
| Jan 2, 2026 | Johnson Lloyd Emerson Director | Option exercise | 2,883 | — |
| Oct 17, 2025 | Johnson Troy R Pres, Architectural Services | Award | 8,553 | $325.0K |
| Oct 17, 2025 | Christian Matthew Sean President, Architectural Serv | Award | 3,047 | $115.8K |
| Oct 17, 2025 | Christian Matthew Sean President, Architectural Serv | Award | 2,632 | $100.0K |
| Oct 17, 2025 | Jewell Brent C President, Architectural Glass | Tax withheld | 542 | $20.6K |
| Jul 8, 2025 | Wagner Patricia K Director | Gift | 2,358 | $0 |
| Jul 1, 2025 | Wagner Patricia K Director | Gift | 14,094 | $0 |
| Jun 25, 2025 | Heard Frank Director | Tax withheld | 545 | $21.2K |
| Jun 25, 2025 | Heard Frank Director | Tax withheld | 347 | $13.5K |
| Jun 25, 2025 | Parker Herbert K Director | Award | 2,954 | $0 |
| Jun 25, 2025 | Wagner Patricia K Director | Award | 2,954 | $0 |
| Jun 22, 2025 | Heard Frank Director | Tax withheld | 293 | $11.2K |
| Jun 21, 2025 | Heard Frank Director | Tax withheld | 247 | $9.4K |
| Jun 20, 2025 | Heard Frank Director | Tax withheld | 198 | $7.6K |
| Jun 18, 2025 | Wagner Patricia K Director | Gift | 6,106 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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