Filing Flows › Louisiana-Pacific (LPX) › Q2 2026
Louisiana-Pacific (LPX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Louisiana-Pacific (LPX) reported revenue of $664M for the second quarter 2026 (Q2 2026), -12% from a year earlier and +16% from the quarter before. Operating margin was 4.7%, net earnings $26.0M (3.9% of revenue).
Louisiana-Pacific, Q2 2026: revenue $664M (-12% year over year), operating margin 4.7%, net earnings $26.0M, operating cash flow $140M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $664M | +16% | -12% |
| Gross profit | $116M | +0.9% | -35% |
| Operating profit | $31.0M | -9% | -61% |
| Net earnings | $26.0M | -4% | -52% |
| Operating cash flow | $140M | — | -14% |
| Free cash flow | $81.0M | — | -14% |
What changed
Revenue was $664.0M in Q2 2026, down 12% year over year and up 16% from the previous quarter. Siding was the largest line at 66% of revenue. OSB lost $68.0M year over year (down 27%), 75% of the total change.
Gross margin was 17.5%, down 6.1 points from Q2 2025. Operating profit was $31.0M, a 4.7% margin (down 5.9 points year over year). Operating expenses fell 13% while revenue fell 12%. Net earnings were $26.0M, down 52% year over year. The effective tax rate was 23.5%.
Operating cash flow was $140.0M (down 14% year over year), 538% of net earnings. Non-cash charges added back $39.0M of depreciation and amortization. Working capital and other items added $75.0M. Capital expenditures of $59.0M left free cash flow of $81.0M.
Questions
What was Louisiana-Pacific's revenue in the second quarter 2026?
Louisiana-Pacific (LPX) reported revenue of $664M for the second quarter 2026 (Q2 2026), -12% from a year earlier and +16% from the quarter before.
Was Louisiana-Pacific profitable in the second quarter 2026?
Operating profit was $31.0M (4.7% of revenue) and net earnings $26.0M.
Source: Louisiana-Pacific 10-Q on SEC EDGAR.