Summary
Amrize Ltd. reported a net loss of $118 million for the first quarter of 2026, an increase from the $87 million net loss in the same period last year. Revenue saw a modest increase of 4.7% to $2,178 million, primarily driven by the Building Materials segment. This segment benefited from strong demand for cement and aggregates, alongside contributions from recent acquisitions. However, the Building Envelope segment experienced a revenue decline of 9.8%, attributed to softer market demand and lower pricing. Adjusted EBITDA decreased by 10.3% to $192 million, with a corresponding margin compression to 8.8% from 10.3% in the prior year. This was largely due to increased selling, general, and administrative expenses related to establishing the company as a standalone entity post-spin-off, and a decline in profitability within the Building Envelope segment. Despite the challenges, the company highlighted continued investment in capital expenditures and a strategic focus on acquisitions, particularly in the aggregates and building envelope sectors, to drive future growth.
Financial Highlights
50 data points| Revenue | $2.18B |
| Cost of Revenue | $1.97B |
| Gross Profit | $211.00M |
| SG&A Expenses | $292.00M |
| Operating Income | -$76.00M |
| Interest Expense | $72.00M |
| Net Income | -$116.00M |
| EPS (Basic) | $-0.21 |
| EPS (Diluted) | $-0.21 |
| Shares Outstanding (Basic) | 553.20M |
| Shares Outstanding (Diluted) | 553.20M |
Key Highlights
- 1Total revenues increased by 4.7% to $2,178 million, driven by strong performance in the Building Materials segment.
- 2The Building Materials segment saw a significant revenue increase of 12.9% to $1,500 million, with cement and aggregates showing robust demand and price growth (sequential).
- 3The Building Envelope segment experienced a revenue decline of 9.8% to $678 million, impacted by lower volumes, pricing, and increased warranty accruals.
- 4Net loss widened to $118 million from $87 million in the prior year's first quarter.
- 5Adjusted EBITDA decreased by 10.3% to $192 million, with Adjusted EBITDA Margin contracting to 8.8% from 10.3%, largely due to increased corporate costs and lower Building Envelope segment profitability.
- 6Cash flow from operations showed an increased use of cash, rising to $896 million from $856 million, reflecting a higher net loss and timing of collections/payments.
- 7Capital expenditures increased significantly to $272 million from $211 million, and the company completed a substantial acquisition for $425 million in the current quarter.