Boyd Group Services Inc. reported record first-quarter 2026 financial results, with sales rising 28.1% to $996.7 million and Adjusted EBITDA increasing 51.9% to $122.4 million. The performance was driven by a 33% expansion in the company's collision location footprint, consistent same-store sales growth, and the successful completion of strategic acquisitions and system integrations. Operational milestones included $20 million in cost savings from Project 360 and Joe Hudson synergies, while 80% of scanning and calibration services were internalized. These gains contributed to a 200-basis-point expansion in Adjusted EBITDA margins, bringing the company closer to its 14% margin target. CEO Brian Kaner attributed the success to disciplined strategy execution and scalability, noting that Boyd Group continues to outperform industry volume trends.
Boyd Group Services Inc.Record Q1 results with sales up 28.1% and EBITDA up 51.9%, plus margin expansion and cost savings.