Innovative Designs, Inc. (OTCQB: IVDN) has announced that its fiscal third quarter, ending July 31, 2026, will be the best in company history, with sales revenues expected to show a near 40% increase over the same period last year. This marks the eighth consecutive quarter of profitability for the Pittsburgh-based manufacturer of the Insultex House Wrap® and Arctic Armor® product lines.
The company attributes its continued growth to the increasing market adoption of its Insultex House Wrap®, a patented insulation product that meets or exceeds new government building codes for continuous insulation and exterior R-Value requirements. With nearly 200 retail locations across the United States and more added weekly, the product's presence is expanding rapidly. Unlike competitor products, Insultex House Wrap® provides an R-6 moisture barrier membrane that does not require additional insulation boards or support, offering cost and labor savings to builders.
In addition to its sales performance, Innovative Designs is in the final stages of an independent laboratory re-certification program conducted by BRC Laboratories. This program aims to re-certify the R-Value testing equipment, a crucial step for qualifying Insultex® for a wider range of building applications and larger-scale projects. CEO Joseph A. Riccelli Jr. has personally visited the BRC facility and maintains regular communication with its manager. Successful re-certification could open doors to significant new revenue opportunities in the multibillion-dollar homebuilding industry.
Randy Kimbler, Director of Business Development for Built Link Solutions, commented on the product's growing popularity: "The popularity of Insultex House Wrap® continues to grow steadily. New building material suppliers are adopting this multi-advantage product almost every week. Individual builders and contractors are also calling us almost every day to capitalize on the value and cost savings that Insultex® brings to their building projects."
Riccelli added, "Achieving the highest revenue of any quarter in the Company’s history and our 8th straight quarter of profitability is a gratifying milestone for all the dedicated work that our team has put in. We plan on filing our official 2026 fiscal third quarter financial report on time for its mid-September requirement with full results. I am also especially pleased to be able to announce that the re-certification program we have pursued since the start of 2026, under contract with independent BRC Laboratories, has moved to the final phase of the re-certification process for the R-Value testing equipment. We expect to have official documentation in hand soon and will make more detailed announcements at that time. Considering the value of this certification, the outcome could result in revenues that have never been achieved by Innovative Designs."
The company plans to file its official fiscal third quarter financial report by mid-September, with full details to be disclosed. For more information on Insultex House Wrap®, visit www.insultexhousewrap.com.
