Innovative Designs Reports Record Q1 Sales and Six Consecutive Profitable Quarters
March 19th, 2026 12:30 PM
By: Newsworthy Staff
Innovative Designs, Inc. achieved its highest-ever first-quarter sales in fiscal 2026, marking six straight profitable quarters driven by strong demand for its Insultex House Wrap® product, with independent lab testing underway to expand certifications and meet growing market needs.

Innovative Designs, Inc. (OTCQB: IVDN) reported record-breaking sales results for its fiscal first quarter ending January 31, 2026, with total revenues reaching $632,201, surpassing the previous best first quarter in company history from 2025. The company has now delivered profitability for six consecutive trailing quarters, attributed to substantial growth in retail customers as more homebuilders and remodelers adopt its patented evacuated cell Insultex House Wrap® product line. IVDN's cash position improved to over $721,372 at quarter-end, with no long-term or convertible debt, supporting ongoing operational and marketing expansion while maintaining an outstanding share count of approximately 38 million to protect shareholder value.
Progress is advancing in an independent laboratory testing program initiated in December 2025, with IVDN contracting BRC Laboratories to obtain renewed high-level product certifications for Insultex House Wrap®. This effort aims to certify testing apparatus and qualify the product for a broader customer base and larger-scale projects, as multiple major users have expressed interest in its application for major building projects. Insultex House Wrap® meets or exceeds new government building codes requiring continuous insulation and exterior R-Value, offering an R-6 moisture barrier membrane that eliminates the need for additional insulation boards, positioning it as a leading choice in the market. For full product specifications and details, visit http://www.insultexhousewrap.com.
Joseph A. Riccelli Jr., CEO of Innovative Designs, highlighted the company's strong sales growth trajectory and collaboration with sales agency Built Link Solutions, which has contributed to the sustained profitability. Randy Kimbler, Director of Business Development for Built Link Solutions, noted better-than-expected results from recent building supplier expos in Orlando, Nashville, and Chicago, leading to new clients and strategies to introduce Insultex House Wrap® to sales teams and builder clients, anticipating a successful 2026 building season. The company's financial stability and product innovation underscore its competitive edge in the homebuilding sector, with plans to increase production to meet rising demand and leverage expanded certifications for future growth.
Source Statement
This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,
