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...
Revenue
$2.8B
Gross Profit
$867.0M
Operating Profit
$457.0M
Net Profit
$285.0M
Gross Margin
31.1%
Operating Margin
16.4%
Net Margin
10.2%
YoY Growth
8.8%
EPS
$3.24
Financial Flow
Owens Corning Q2 2024 Financial Summary
Owens Corning reported revenue of $2.8B (up 8.8% YoY) for Q2 2024, with a net profit of $285.0M (down 17.4% YoY) (10.2% margin). Cost of goods sold was $1.9B, operating expenses totaled $410.0M.
Key Financial Metrics
| Total Revenue | $2.8B |
|---|---|
| Net Profit | $285.0M |
| Gross Margin | 31.1% |
| Operating Margin | 16.4% |
| Report Period | Q2 2024 |
Revenue Breakdown
Owens Corning Q2 2024 revenue of $2.8B breaks down across 7 segments, led by Other at $1.2B (42.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $1.2B | 42.1% |
| Insulation | $591.0M | 21.2% |
| Masonite International Corporation Masonite | $311.0M | 11.2% |
| Composites | $308.0M | 11.0% |
| Doors | $244.0M | 8.7% |
| Asia Pacific | $125.0M | 4.5% |
| Commercial And Industrial Sector | $37.0M | 1.3% |
Owens Corning Revenue by Segment — Quarterly Trend
Owens Corning revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and Insulation) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Insulation | $724.0M | $746.0M | $719.0M | $714.0M |
| Doors | $427.0M | $482.0M | $489.0M | $479.0M |
Owens Corning Annual Revenue by Year
Owens Corning annual revenue history includes year-by-year totals (for example, 2025 revenue was $10.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $10.1B |
| 2024 | $11.0B |
| 2023 | $8.4B |
| 2022 | $9.8B |
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 |
|---|---|---|---|---|
| Q4 2025 | $2.1B | -24.6% | $-298.0M | -13.9% |
| Q3 2025 | $2.7B | -11.9% | $-494.0M | -18.4% |
| Q2 2025 | $2.7B | -1.5% | $363.0M | 13.2% |
| Q1 2025 | $2.5B | +10.0% | $-93.0M | -3.7% |
| Q4 2024 | $2.8B | +23.3% | $-258.0M | -9.1% |
| Q3 2024 | $3.0B | +22.9% | $321.0M | 10.5% |
| Q2 2024 | $2.8B | +8.8% | $285.0M | 10.2% |
| Q1 2024 | $2.3B | -1.3% | $299.0M | 13.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.30B | $2.79B | $3.05B | $2.84B | $2.53B | $2.75B | $2.68B | $2.14B |
| YoY Growth | -1.3% | 8.8% | 22.9% | 23.3% | 10.0% | -1.5% | -11.9% | -24.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $11.27B | $14.99B | $15.05B | $14.07B | $14.27B | $14.48B | $13.52B | $12.98B |
| Liabilities | $6.00B | $9.47B | $9.38B | $8.96B | $9.34B | $9.28B | $9.08B | $9.09B |
| Equity | $5.23B | $5.47B | $5.62B | $5.08B | $4.88B | $5.16B | $4.40B | $3.85B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $24.0M | $493.0M | $699.0M | $676.0M | $-49.0M | $327.0M | $918.0M | $590.0M |