Filing Flows › Armstrong World Industries (AWI) › How it makes money
How Armstrong World Industries (AWI) makes money
Armstrong World Industries (AWI) made $476M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Mineral Fiber brought in $292M (61%); Architectural Specialties brought in $184M (39%). Of every dollar of revenue, 40¢ was left as gross profit, 28¢ was left as operating profit, 19¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Mineral Fiber | $292M | 61.4% | +1% | +7% |
| Architectural Specialties | $184M | 38.6% | -0.1% | +21% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $476M | 100.0% |
| Cost of revenue | $285M | 59.9% |
| Gross profit | $191M | 40.1% |
| Operating expenses | $59.5M | 12.5% |
| Operating profit | $131M | 27.6% |
| Income tax | $32.5M | 6.8% |
| Net earnings | $91.9M | 19.3% |
| Operating cash flow | $96.2M | 20.2% |
| Free cash flow | $71.5M | 15.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $476M | +12% |
| Q2 2026 | $472M | +11% |
| Q1 2026 | $410M | +7% |
| Q4 2025 | $388M | +6% |
| Q3 2025 | $425M | +10% |
| Q2 2025 | $425M | +16% |
| Q1 2025 | $383M | +17% |
From Armstrong World Industries' 10-Q filed Oct 27, 2026 (on EDGAR).
Questions
How does Armstrong World Industries make money?
Armstrong World Industries (AWI) made $476M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Mineral Fiber brought in $292M (61%); Architectural Specialties brought in $184M (39%). Of every dollar of revenue, 40¢ was left as gross profit, 28¢ was left as operating profit, 19¢ was left as net earnings.
What is Armstrong World Industries' biggest business?
Mineral Fiber: $292M in the third quarter 2026, 61% of revenue, +7% from a year earlier.
What is Armstrong World Industries' profit margin?
Net earnings were $91.9M, 19.3% of revenue, in the third quarter 2026; the operating margin was 27.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.