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TopBuild 2025年度报告

2026-06-11 美股财报 EMJENNNY
报告封面

(Mark One) ⌧ANNUAL REPORT PURSUANT TO SECTION 15(d)OF THE SECURITIESEXCHANGE ACTOF1934. For the fiscal year ended December 31, 2025 OR ◻TRANSITION REPORT PURSUANT TO SECTION 15(d)OF THE SECURITIESEXCHANGE ACTOF1934 For the transition period fromto Commission file number: 1-36780 A. Full title of the plan and the address of the plan, if different from that of the issuer named below: TopBuild Corp. 401(k) Plan B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: TopBuild Corp.475 North Williamson BoulevardDaytona Beach, Florida 32114 Table of Contents TOPBUILD CORP. 401(k) PLANTABLE OF CONTENTS Page No. Report of Independent Registered Public Accounting Firm3Financial Statements:Statements of Net Assets Available for Benefits as of December 31, 2025 and 20244Statement of Changes in Net Assets Available for Benefits for the Year Ended December31, 20255Notes to the Financial Statements6Supplemental Schedule:Schedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December 31, 202513Exhibits14Signature15 Note:Other schedules required by Section 2520.103-10 of the Department of Labor’s Rules andRegulations for Reporting and Disclosure under ERISA have been omitted because they are not applicable. Table of Contents Report of Independent Registered Public Accounting Firm The 401(k) Oversight Committee of the Board of Directors of TopBuild Corp. and Plan ParticipantsTopBuild Corp. 401(k) PlanDaytona Beach, Florida Opinion on the Financial Statements We have audited the accompanying statements of net assets available for benefits of the TopBuild Corp.401(k) Plan (the “Plan”) as of December 31, 2025 and 2024, the related statement of changes in net assetsavailable for benefits for the year ended December 31, 2025, and the related notes and schedule(collectively referred to as the financial statements). In our opinion, these financial statements present fairly, in all material respects, the net assets available forbenefits of the Plan as of December 31, 2025 and 2024, and the changes in net assets available for benefitsfor the year ended December 31, 2025, in conformity with accounting principles generally accepted in theUnited States of America. Basis for Opinion These financial statements are the responsibility of the Plan’s management. Our responsibility is to expressan opinion on the Plan’s financial statements based on our audits. We are a public accounting firm registeredwith the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to beindependent with respect to TopBuild Corp. 401(k) Plan in accordance with the U.S. federal securities lawsand the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audits in accordance with the standards of the PCAOB. Those standards require that weplan and perform the audit to obtain reasonable assurance about whether the financial statements are free ofmaterial misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financialstatements, whether due to error or fraud, and performing procedures that respond to those risks. Suchprocedures included examining, on a test basis, evidence regarding the amounts and disclosures in thefinancial statements. Our audits also included evaluating the accounting principles used and significantestimates made by management, as well as evaluating the overall presentation of the financial statements.We believe that our audits of the financial statements provide a reasonable basis for our opinion. Supplemental Information The accompanying December 31, 2025 supplemental schedule of assets (held at end of year) has beensubjected to audit procedures performed in conjunction with our audit of the TopBuild Corp. 401(k) Planfinancial statements. The supplemental information is the responsibility of the Plan’s management. Ouraudit procedures included determining whether the supplemental information reconciles to the financialstatements or the underlying accounting and other records, as applicable, and performing procedures to testthe completeness and accuracy of the information presented in the supplemental schedule. In forming ouropinion on the supplemental information, we evaluated whether the supplemental information, including itsform and content, is presented in conformity with the Department of Labor’s Rules and Regulations forReporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, thesupplemental information is fairly stated, in relation to the financial statements as a whole. /s/Rehmann Robson LLC We have served as TopBuild Corp. 401(k) Plan’s independent auditor since 2023. Grand Rapids, MichiganJune 11, 2026 TOPBUILD CORP. 401(k) PLANSTATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITSDECEMBER 31, 2025 AND 2024 The accompanying notes are