Owens CorningOCEarnings & Financial Report
Owens Corning is an American company that develops and produces insulation, roofing, and fiberglass composites and related products. It is the world's largest manufacturer of fiberglass composites. It was formed in 1935 as a partnership between two major American glassworks, Corning Glass Works and Owens-Illinois. The company employs approximately 19,000 people around the world. Owens Corning has been a Fortune 500 company every year since the list was created in 1955. The Pink Panther is the...
OC Q1 FY2026 Key Financial Metrics
Revenue
$2.3B
Gross Profit
$510.0M
Operating Profit
$120.0M
Net Profit
$38.0M
Gross Margin
22.5%
Operating Margin
5.3%
Net Margin
1.7%
YoY Growth
-10.5%
EPS
$0.47
Owens Corning Q1 FY2026 Financial Summary
Owens Corning reported revenue of $2.3B (down 10.5% YoY) for Q1 FY2026, with a net profit of $38.0M (down 11.8% YoY) (1.7% margin). Cost of goods sold was $1.8B, operating expenses totaled $390.0M.
Key Financial Metrics
| Total Revenue | $2.3B |
|---|---|
| Net Profit | $38.0M |
| Gross Margin | 22.5% |
| Operating Margin | 5.3% |
| Report Period | Q1 FY2026 |
Owens Corning Annual Revenue by Year
Owens Corning annual revenue history includes year-by-year totals (for example, 2025 revenue was $10.1B).
Owens Corning Quarterly Revenue & Net Profit History
Owens Corning results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.3B | -10.5% | $38.0M | 1.7% |
| Q4 FY2025 | $2.1B | -24.6% | $-298.0M | -13.9% |
| Q3 FY2025 | $2.7B | -11.9% | $-494.0M | -18.4% |
| Q2 FY2025 | $2.7B | -1.5% | $363.0M | 13.2% |
| Q1 FY2025 | $2.5B | +10.0% | $-93.0M | -3.7% |
| Q4 FY2024 | $2.8B | +23.3% | $-258.0M | -9.1% |
| Q3 FY2024 | $3.0B | +22.9% | $321.0M | 10.5% |
| Q2 FY2024 | $2.8B | +8.8% | $285.0M | 10.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.79B | $3.05B | $2.84B | $2.53B | $2.75B | $2.68B | $2.14B | $2.27B |
| YoY Growth | 8.8% | 22.9% | 23.3% | 10.0% | -1.5% | -11.9% | -24.6% | -10.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $14.99B | $15.05B | $14.07B | $14.27B | $14.48B | $13.52B | $12.98B | $13.09B |
| Liabilities | $9.47B | $9.38B | $8.96B | $9.34B | $9.28B | $9.08B | $9.09B | $9.41B |
| Equity | $5.47B | $5.62B | $5.08B | $4.88B | $5.16B | $4.40B | $3.85B | $3.68B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $493.0M | $699.0M | $676.0M | $-49.0M | $327.0M | $918.0M | $590.0M |