Trex Q2 sales rise 7.8% but margin compression and $418.0M write-down cut net income 18.5%

Filed August 4, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 4, 2025 · ~1 min read

Key Changes

• high

  Net income fell 18.5% to $61.9M as gross margin compressed 290 bp to 37.9% and a $4.7M Virginia asset write-down hit results.

  MD&A verify on EDGAR →
• high

  Gross margin dropped to 37.9% from 40.8% on higher input costs, depreciation, lower production, and unfavorable mix.

  MD&A verify on EDGAR →
• high

  Company resumed buybacks, repurchasing 3.9M shares via a $100M ASR and open-market purchases; board added 10M shares and a new $150M program.

  MD&A / Notes view on EDGAR →