Curated News
By: NewsRamp Editorial Staff
May 26, 2026
Innovative Designs Reports Record-Breaking Q2 Revenue Growth
TLDR
- Innovative Designs' Q2 revenue hits second highest ever, breaking $800K, with seven consecutive profitable quarters.
- Insultex House Wrap adds R-6 moisture barrier meeting new codes, eliminating need for extra insulation boards.
- Insultex House Wrap helps homeowners save energy costs and adds value to remodeling projects.
- Over 150 retail locations now sell Insultex House Wrap, with more joining every week.
Impact - Why it Matters
This news matters because it signals a significant milestone for Innovative Designs, reflecting strong market adoption of Insultex House Wrap® amid evolving building codes that demand continuous insulation. For builders and homeowners, the product offers a cost-effective, easy-to-install solution that meets regulatory requirements while delivering energy savings. The upcoming independent certifications could further accelerate adoption by major homebuilders, potentially reshaping industry standards and offering consumers more efficient building materials.
Summary
Innovative Designs, Inc. (OTCQB: IVDN) has announced that its fiscal second quarter for the period ending April 30, 2026, will be the second highest quarterly revenue in company history, marking only the second time the company has broken the $800,000 revenue level in a quarter. The company, known for its flagship product Insultex House Wrap®, is experiencing accelerating sales due to a widening customer base across multiple regions, with over 150 retail locations now actively selling the product and more coming aboard every week. Year-to-date sales have already exceeded $1.5 million, with two quarters remaining in the fiscal year.
The company’s independent laboratory certification program, conducted by BRC Laboratories, is progressing on schedule with positive results, which is expected to open doors for larger-scale building projects and integration with major homebuilders. Randy Kimbler, Director of Business Development for Built Link Solutions, highlighted the enthusiastic reception from builders and suppliers, particularly in the remodeling space, where Insultex House Wrap® adds significant value and energy cost savings. Despite harsh winter weather delaying the spring building season, sales activity has notably stepped up in recent weeks.
CEO Joseph A. Riccelli Jr. expressed confidence in the company’s trajectory, noting that the upcoming filing will extend IVDN’s profitability streak to seven straight quarters. With increasing market awareness and the upcoming independent certification, the company is ramping up production and inventory levels to meet anticipated demand surges. The balance of 2026 is expected to set new record sales growth for IVDN. For more information, visit http://www.insultexhousewrap.com.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Innovative Designs Reports Record-Breaking Q2 Revenue Growth
