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. The company also reported its eighth consecutive quarter of profitability, highlighting sustained growth in its core product, Insultex House Wrap®.
The company’s retail footprint has expanded to nearly 200 locations across the United States, with more dealers adopting the product weekly. Insultex House Wrap® is designed to meet or exceed new government building codes for continuous insulation and exterior R-Value requirements. Unlike competitor products, it provides an R-6 moisture barrier membrane without the need for additional insulation boards or support, offering potential cost savings for builders and contractors.
In a significant development, the independent laboratory testing program with BRC Laboratories has entered its final stages. The program aims to re-certify the R-Value testing equipment, a crucial step for qualifying Insultex® for larger-scale building applications and projects. Joseph A. Riccelli Jr., CEO of Innovative Designs, has personally visited the BRC facility and maintains regular communication with its manager. The company expects to have official documentation soon, which could open doors to revenues never before achieved by the firm.
Randy Kimbler, Director of Business Development for Built Link Solutions, noted the growing popularity of Insultex House Wrap®: “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.”
CEO Riccelli commented, “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. Expediting this certification continues to be a high priority. The company will continue to issue updates as the process progresses.”
The company’s Insultex House Wrap® is manufactured by Innovative Designs, which also produces the Arctic Armor® line under the “i.d.i.gear” label. Patented INSULTEX® is touted as the thinnest, lightest, and warmest insulator in the market. For more details, visit Insultex House Wrap and i.d.i.gear.
This announcement comes as the homebuilding industry continues to evolve with stricter energy efficiency standards. The potential re-certification could position Insultex® favorably in the multibillion-dollar homebuilding market, making the product eligible for a wider range of applications and larger-scale projects. As the company finalizes its financial report and certification process, stakeholders will be watching closely to see if this momentum translates into sustained growth.
