Boise Cascade Company reported net income of $21.8 million, or $0.58 per share, on sales of $1.67 billion for the third quarter ended September 30, 2025. This compares to net income of $91.0 million, or $2.33 per share, on sales of $1.71 billion for the same period in 2024. Adjusted EBITDA was $74.4 million, down 52% from $154.5 million in the prior year. Wood Products sales declined 13% to $396.4 million, while Building Materials Distribution sales decreased 1% to $1.56 billion. The company ended the quarter with $511.8 million in cash and equivalents and $907.0 million in total available liquidity. Capital expenditures for 2025 are expected to total $230 million to $250 million, with 2026 capital expenditures projected at $150 million to $170 million, excluding potential acquisitions.