Filing Flows › Armstrong World Industries (AWI) › Q1 2026
Armstrong World Industries (AWI) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 28, 2026
Armstrong World Industries (AWI) reported revenue of $410M for the first quarter 2026 (Q1 2026), +7% from a year earlier and +6% from the quarter before. Operating margin was 23.0%, net earnings $66.8M (16.3% of revenue).
Armstrong World Industries, Q1 2026: revenue $410M (+7% year over year), operating margin 23.0%, net earnings $66.8M, operating cash flow $32.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $410M | +6% | +7% |
| Gross profit | $155M | +0.5% | +4% |
| Operating profit | $94.2M | +2% | -4% |
| Net earnings | $66.8M | +2% | -3% |
| Operating cash flow | $32.1M | -71% | -22% |
| Free cash flow | $14.4M | -77% | -34% |
What changed
Revenue was $409.9M in Q1 2026, up 7% year over year and up 6% from the previous quarter. Mineral Fiber was the largest line at 63% of revenue. Architectural Specialties added $15.1M year over year (up 11%), 56% of the total change.
Gross margin was 37.9%, down 1.3 points from Q1 2025. Operating profit was $94.2M, a 23.0% margin (down 2.8 points year over year). Operating profit fell $4.3M even though revenue rose $27.2M versus Q1 2025, so costs grew faster than sales. Operating expenses grew 19% against revenue growth of 7%. Net earnings were $66.8M, down 3% year over year. The effective tax rate was 24.4%.
Operating cash flow was $32.1M (down 22% year over year), 48% of net earnings. Non-cash charges added back $29.7M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $68.2M. Capital expenditures of $17.7M left free cash flow of $14.4M.
Questions
What was Armstrong World Industries' revenue in the first quarter 2026?
Armstrong World Industries (AWI) reported revenue of $410M for the first quarter 2026 (Q1 2026), +7% from a year earlier and +6% from the quarter before.
Was Armstrong World Industries profitable in the first quarter 2026?
Operating profit was $94.2M (23.0% of revenue) and net earnings $66.8M.