Business
BuildDirect Reports 6.5% Revenue Growth in Q3 2025
BuildDirect.com Technologies Inc. has announced its financial results for the third quarter of 2025, revealing a revenue of $18.1 million, marking a 6.5% increase from $17.0 million in the same quarter of 2024. The company, headquartered in Vancouver, British Columbia, also recorded a gross margin of 38.9%, up 60 basis points from 38.3% in Q3 2024.
The adjusted EBITDA for Q3 2025 reached $0.97 million, which is a 23.2% increase compared to $0.79 million in Q3 2024. This achievement extends BuildDirect’s positive performance record to 15 consecutive quarters. Additionally, the company reported an increase in working capital, which rose by $5.9 million to $8.6 million as of September 30, 2025.
CEO Highlights Operational Progress
In a statement, Shawn Wilson, CEO of BuildDirect, emphasized the company’s operational advancements: “Q3 2025 was another step forward in strengthening BuildDirect’s operating model, with revenue up 6.5% and adjusted EBITDA increasing 23% year over year, marking our 15th consecutive quarter of positive performance.” He further noted that the improved financial position allows the company to pursue its growth strategy.
With a successful capital raise of C$7.0 million in the background, BuildDirect plans to accelerate its growth strategy. The focus will be on expanding its network of Pro Centers, integrating recent acquisitions, and enhancing its e-commerce capabilities to better serve professional flooring customers. Wilson reiterated the company’s commitment to disciplined execution and long-term value creation for shareholders.
Upcoming Conference Call and Financial Outlook
BuildDirect will host a conference call on November 27, 2025, at 10:30 AM PST / 1:30 PM EST to discuss the financial results in detail. Investors can access the live webinar via the provided link and an archived replay will be available on the company’s Investor Relations website approximately 24 hours after the call.
The call will cover the company’s long-term financial outlook, including plans to enhance revenue, margins, and cash flow as BuildDirect continues to scale its Pro Center network. The company aims to strengthen its e-commerce segment and improve operational efficiency through strategic initiatives such as targeted acquisitions and infrastructure upgrades.
BuildDirect operates in two primary segments: E-Commerce, which contributed 20% of sales in Q3 2025, and Pro Centers, responsible for 80% of sales. This marks a slight shift from the previous year, where E-Commerce accounted for 23% and Pro Centers 77% of sales in Q3 2024.
As BuildDirect continues to advance its operational model, the company remains focused on enhancing its market position as a leading omnichannel flooring provider in North America. For more information about the financial results and future outlook, please visit the company’s website.
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