Owens Corning Reports Q3 2026 Results, Issues Q4 Revenue Guidance
Owens Corning reported a $248 million net loss, improving from $495 million a year earlier. Adjusted EPS of $2.44 and revenue of $2.49 billion missed FactSet estimates of $3.07 and $2.62 billion, respectively. The company forecast Q4 revenue of $2.0 billion to $2.2 billion and an enterprise adjusted EBITDA margin of approximately 10% to 12%.
Owens Corning announced its financial results for the third quarter of 2026, reporting a net loss of $248 million, which was an improvement over the $495 million net loss reported in the same period of 2025. The company's adjusted earnings per share reached $2.44, falling short of the FactSet consensus estimate of $3.07. Revenue for the quarter totaled $2.49 billion, also missing the expected $2.62 billion. Looking ahead to the fourth quarter of 2026, the company provided revenue guidance in the range of $2.0 billion to $2.2 billion, with an anticipated enterprise adjusted EBITDA margin of approximately 10% to 12%.
Management noted that the company is navigating a challenging near-term market environment while maintaining confidence in its long-term growth strategy.