Innovative Designs, Inc. (OTCQB: IVDN), the manufacturer of Insultex House Wrap®, has announced that its fiscal third quarter ended July 31, 2026, produced the highest revenues in the company's history, with a near 40% increase over the same period last year. This marks the eighth consecutive quarter of profitability, underscoring sustained growth momentum for the Pittsburgh-based firm.
The company attributes this performance to the growing adoption of its Insultex House Wrap® product, which now retails at nearly 200 locations across the United States. The product's compliance with new government building codes for continuous insulation and exterior R-Value requirements has driven demand. Unlike competitor products, Insultex House Wrap® provides an R-6 moisture barrier membrane without the need for additional insulation boards, offering a cost-effective and efficient solution for new construction projects.
In a significant development, the independent laboratory testing program with BRC Laboratories has entered its final stages. The re-certification process for the R-Value testing equipment is nearing completion, with all material testing yielding positive results. CEO Joseph A. Riccelli Jr. has personally visited the BRC facility and maintained regular communication to expedite the process. This certification is crucial for qualifying Insultex® for larger-scale building applications and expanding its reach in the multibillion-dollar homebuilding industry.
Randy Kimbler, Director of Business Development for Built Link Solutions, noted the product's rising popularity among builders and contractors. "New building material suppliers are adopting this multi-advantage product almost every week," he said, highlighting the daily inquiries from individual builders seeking cost savings and value.
Riccelli expressed pride in the company's achievements, stating that the record quarter and sustained profitability reflect the team's hard work. He emphasized the importance of the BRC certification, which could unlock unprecedented revenue opportunities. "The outcome could result in revenues that have never been achieved by Innovative Designs," he said, underscoring the potential impact on the company's growth trajectory.
The company plans to file its official fiscal Q3 financial report by mid-September and will provide updates as the certification process concludes. For more information on Insultex House Wrap®, visit InsultexHouseWrap.com.
