Filing Flows › Armstrong World Industries (AWI) › Q2 2026 › vs Q1 2026
Armstrong World Industries (AWI) Q2 2026 vs Q1 2026 (quarter over quarter)
Armstrong World Industries's revenue rose $62.1M (+15%) from $410M in Q1 2026 to $472M in Q2 2026. The biggest changes: Architectural Specialties +$31.1M (+20%); Mineral Fiber +$31.0M (+12%). Gross margin 41.3% against 37.9% (+3.4 pts).
Armstrong World Industries, Q2 2026: revenue $472M (+11% year over year), operating margin 28.3%, net earnings $96.7M, operating cash flow $93.8M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 41.3% | 37.9% | +3.4 pts |
| Operating margin | 28.3% | 23.0% | +5.4 pts |
| Net margin | 20.5% | 16.3% | +4.2 pts |
| Free cash flow margin | 14.8% | 3.5% | +11.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Mineral Fiber | $288M | $257M | $31.0M | +12% |
| Architectural Specialties | $184M | $153M | $31.1M | +20% |
| Revenue | $472M | $410M | $62.1M | +15% |
| Gross profit | $195M | $155M | $39.7M | +26% |
| Cost of revenue | $277M | $255M | $22.4M | +9% |
| Operating profit | $134M | $94.2M | $39.6M | +42% |
| Operating expenses | $61.2M | $61.1M | $100K | +0.2% |
| Pre-tax earnings | $127M | $88.4M | $38.5M | +44% |
| Other expense, net | $6.9M | $5.8M | $1.1M | +19% |
| Net earnings | $96.7M | $66.8M | $29.9M | +45% |
| Income tax | $30.2M | $21.6M | $8.6M | +40% |
| Depreciation & amortization | $30.2M | $29.7M | $500K | +2% |
| Share-based compensation | $6.0M | $3.8M | $2.2M | +58% |
| Working capital & other | $39.1M | $68.2M | −$29.1M | -43% |
| Operating cash flow | $93.8M | $32.1M | $61.7M | +192% |
| Free cash flow (OCF − capex) | $69.8M | $14.4M | $55.4M | +385% |
| Capital expenditures | $24.0M | $17.7M | $6.3M | +36% |
Questions
How much did Armstrong World Industries's revenue grow quarter over quarter in Q2 2026?
Armstrong World Industries's revenue rose $62.1M (+15%) from $410M in Q1 2026 to $472M in Q2 2026.
What drove Armstrong World Industries's revenue change in Q2 2026?
Architectural Specialties +$31.1M (+20%); Mineral Fiber +$31.0M (+12%).