Filing Flows › Industrials › Ashland (ASH)
Ashland (ASH) earnings and revenue breakdown
Latest: Q4 FY26 · 8-K filed Nov 3, 2026
Q4 FY26 Revenue up 4% year over year to $498M · 3¢ of every $1 of revenue lost · operating margin 5.8%
Ashland made $498M in Q4 FY26 (+4% Y/Y). Operating margin 5.8%, net loss $16.0M. See where every dollar goes — costs, profit and cash — as a Sankey from the 8-K filed Nov 3, 2026 (preliminary, from the earnings release).
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $498.0M in Q4 FY26, up 4% year over year and roughly flat from the previous quarter.
Gross margin was 35.9%, up 2.6 points from Q4 FY25. Operating profit was $29.0M, a 5.8% margin (down 7.0 points year over year). Operating profit fell $32.0M even though revenue rose $21.0M versus Q4 FY25, so costs grew faster than sales. Operating expenses grew 53% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+156%). The quarter ended with a net loss of $16.0M, after a profit of $16.0M the previous quarter. Net interest and other expense of $19.0M was the main reason.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q4 FY26 | 8-K | Nov 3, 2026 | $498M | +4% | 5.8% | −$16.0M | — |
| Q3 FY26 | 10-Q | Jul 29, 2026 | $497M | +7% | 8.7% | $16.0M | $120M |
| Q2 FY26 | 10-Q | Apr 29, 2026 | $482M | +0.6% | 8.1% | $16.0M | $50.0M |
| Q1 FY26 | 10-Q | Feb 3, 2026 | $386M | -5% | -1.6% | −$12.0M | $125M |
| Q4 FY25 | 10-K | Nov 20, 2025 | $477M | -9% | 12.8% | $32.0M | $40.0M |
| Q3 FY25 | 10-Q | Jul 30, 2025 | $463M | -15% | -152.9% | −$742M | $115M |
| Q2 FY25 | 10-Q | May 1, 2025 | $479M | -17% | 10.6% | $31.0M | $9.0M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Ashland
Ashland Inc. is a global additives and specialty ingredients company with a conscious and proactive mindset for sustainability. Our common stock is listed on the New York Stock Exchange (“NYSE”) under the ticker symbol “ASH”. The terms “Ashland,” the “Company,” “we” and “our” used herein refer to Ashland Inc., a Delaware Corporation, and its predecessors, and its consolidated subsidiaries, except where the context indicates otherwise. The Company serves customers in a wide range of consumer and industrial markets including, architectural coatings, construction, energy, food and beverage, personal care and pharmaceutical. With approximately 2,900 employees worldwide, Ashland serves customers in more than 100 countries.
In its own words, from its 10-K, filed Nov 20, 2025.
Ashland against its Wholesale-Chemicals & Allied Products peers
The largest companies of the same SEC industry, each at its latest quarter.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| ASH Ashland | Q4 FY26 | $498M | +4% | 5.8% |
| HWKN Hawkins | Q2 FY27 | $314M | +12% | 13.4% |
Source: Ashland 8-K on SEC EDGAR · CIK 1674862 · Wholesale-Chemicals & Allied Products
13F: who owns ASH and who is buying
More on ASH
- How Ashland makes money: revenue by segment
- Ashland next earnings date and what analysts expect
- Ashland stock forecast, price target and fair value
- Who owns Ashland stock: holders, funds and Congress trades
- Ashland guidance and outlook
- Is Ashland a takeover target? LBO and rumors
- Ashland recalls, complaints and regulation
History
Every quarter: Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results · Q2 FY25 results