Simpson Manufacturing Co Inc 2025年度报告

(Mark One)☒ Annual Report Pursuant to Section13 or 15(d)of the Securities Exchange Act of 1934For the fiscal year ended December31, 2025OR☐Transition Report Pursuant to Section13 or 15(d)of the Securities Exchange Act of 1934for the transition period fromto.Commission file number:1-13429Simpson Manufacturing Co.,Inc.(Exact name of registrant as specified in its charter)Delaware94-3196943(State or other jurisdiction of(I.R.S. Employerincorporation or organization)Identification No.) 5956 W. Las Positas Blvd., Pleasanton, CA94588(Address of principal executive offices)(Zip Code) Registrant’s telephone number, including area code:(925) 560-9000Securities registered pursuant to Section12(b)of the Act: Title of Each ClassTrading SymbolName of Each Exchange on Which RegisteredCommon Stock, par value $0.01SSDNew York Stock Exchange Securities registered pursuant to Section12(g)of the Act:None (Title of class)Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act. Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or 15(d)of the Act.YesNo Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days. YesNoIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). YesNoIndicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filer☐ Accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected has elected not to use the extended transitionperiod for complying with the new or revised financial accounting standards provided pursuant to Section 13 (a) of the Exchange Act If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No The aggregate market value of the shares of common stock, par value $0.01 per share, which is the only outstanding class of votingand non-voting equity, held by non-affiliates of the registrant (based on the closing price for the common stock on the New York StockExchange on June 30, 2025) was approximately $6,463,559,567. As of February23, 2026, 41,402,035 shares of the registrant’s common stock were outstanding. Documents Incorporated by ReferencePortions of the registrant's definitive Proxy Statement for its 2026 annual meeting of stockholders (the “2026 Annual Meeting”) are incorporated herein by reference in Part III of this Annual Report on Form 10-K to the extent stated herein. Such Proxy Statement willbe filed with the Securities and Exchange Commission (the “SEC”) within 120 days of the registrant's fiscal year ended December31,2025. SIMPSON MANUFACTURING CO.,INC. TABLE OF CONTENTS PagePART IItem 1.Business5Item 1A.Risk Factors12Item 1B.Unresolved Staff Comments24Item 1C.Cybersecurity24Item 2.Properties26Item 3.Legal Proceedings26Item 4.Mine Safety Disclosures26PART IIItem 5.Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities27Item 6.Reserved29Item 7.Management's Discussion and Analysis of Financial Condition and Results of Operations29Item 7A.Quantitative and Qualitative Disclosures About Market Risk41Item 8.Consolidated Financial Statements and Supplementary Data42Item 9.Changes in and