--- title: "Apogee Enterprises 10-K: $1,404.7M Revenue, $2.52 Diluted EPS" type: "News" locale: "en" url: "https://longbridge.com/en/news/284040135.md" description: "Apogee Enterprises reported $1,404.7 million in revenue and diluted EPS of $2.52 for the year, reflecting a 3.2% increase in sales driven by the UW Solutions acquisition. However, earnings declined due to margin pressures, with gross profit down 11.2% and operating income down 28.5%. The company is implementing restructuring actions under Project Fortify to improve operations and achieve annualized savings of approximately $26 million. The Architectural Services backlog remains strong at $693.8 million, with 35% of revenue from long-term contracts." datetime: "2026-04-24T17:25:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284040135.md) - [en](https://longbridge.com/en/news/284040135.md) - [zh-HK](https://longbridge.com/zh-HK/news/284040135.md) --- # Apogee Enterprises 10-K: $1,404.7M Revenue, $2.52 Diluted EPS Apogee Enterprises reported consolidated net sales of $1,404.7 million and diluted earnings per share of $2.52 for the year, with revenue modestly higher year‑over‑year driven by the UW Solutions acquisition while earnings declined due to margin pressure. Gross profit and operating income fell notably, reflecting higher input costs and lower volumes across key businesses. The company cited restructuring actions under Project Fortify to drive future savings and operational improvements. **Financial Highlights** - **Net sales:** $1,404.7 million, up 3.2% vs prior year (driven by UW Solutions acquisition and offset by lower volume) - **Gross profit:** $319.5 million, down 11.2% vs prior year; gross margin 22.7% (pressures from higher aluminum costs, lower volume) - **Operating income:** $84.5 million, down 28.5% vs prior year; operating margin 6.0% (SG&A 16.7% of sales) - **Net earnings:** $54.1 million, down 36.4% vs prior year; effective tax rate 30.1% - **Diluted EPS:** $2.52, down from $3.89 prior year (adjusted diluted EPS $3.47 per share) **Business Highlights** - **Revenue mix and segment shifts:** Consolidated sales growth was driven by the acquisition of UW Solutions; Performance Surfaces surged ~62% on an inorganic basis while Architectural Glass and Metals experienced double‑digit volume declines. - **Acquisition impact:** UW Solutions expanded Apogee's offering in high‑performance coated substrates and broadened product mix for distribution centers and graphic arts. - **Operational initiatives:** Project Fortify Phase 2 resulted in $27.4 million of charges and is expected to deliver approximately $26 million of annualized pre‑tax savings; actions are substantially completed in FY2026. - **Backlog and contracting:** Architectural Services backlog remained robust at $693.8 million, with about 35% of revenue coming from longer‑term fixed‑price contracts. Original SEC Filing: APOGEE ENTERPRISES, INC. \[ APOG \] - 10-K - Apr. 24, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [APOG.US](https://longbridge.com/en/quote/APOG.US.md) ## Related News & Research - [APOGEE ENTERPRISES, INC. SEC 10-Q Report](https://longbridge.com/en/news/271826497.md) - [Trane Technologies Opens Global AI Lab and Showroom, Accelerating the Future of Autonomous Buildings | TT Stock News](https://longbridge.com/en/news/287047894.md) - [Lingerfelt Announces $78.2 Million Sale of Ashton Logistics Park](https://longbridge.com/en/news/287057914.md) - [North Dakota State Investment Board Acquires Shares of 4,534 Vulcan Materials Company $VMC](https://longbridge.com/en/news/287034865.md) - [Granite Construction Incorporated Announces Private Offering of $600 Million of Senior Notes Due 2034 | GVA Stock News](https://longbridge.com/en/news/286771893.md)