Beacon Roofing Supply's GAAP net income for 3 months of 2022 was $55.8 million, compared to a loss of $6.3 million in the previous year. Revenue increased 28% to $1.687 billion from $1.318 billion a year earlier.

Net income of Beacon Roofing Supply under GAAP for calendar year 2021 was $243 million, compared with a loss of $278 million in the previous year. Revenue increased 12.2% to $6.82 billion from $6.078 billion a year earlier. Previously, the company's fiscal year did not coincide with the calendar year and ended on September 30.

Beacon Roofing Supply sold its Solar Products solar panel business to BayWa. The deal includes four specialty and six general branches through which the company distributes panels to both residential and commercial customers. Beacon Solar Products had net revenues of approximately $111 million for fiscal year 2021, net income of $2.6 million and adjusted EBI...

Beacon Roofing Supply's GAAP loss for fiscal year 2021 was $45.5 million, down 43.8% from $80.9 million in the previous year. Revenue increased 12.3% to $6.642 billion from $5.917 billion a year earlier.