Filing Flows › Louisiana-Pacific (LPX) › Q3 2026 › vs Q2 2026
Louisiana-Pacific (LPX) Q3 2026 vs Q2 2026 (quarter over quarter)
Louisiana-Pacific's revenue rose $27.0M (+4%) from $664M in Q2 2026 to $691M in Q3 2026. The biggest changes: Siding +$32.0M (+7%); Other −$3.0M (-7%); OSB −$2.0M (-1%). Gross margin 16.5% against 17.5% (-1.0 pts).
Louisiana-Pacific, Q3 2026: revenue $691M (+4% year over year), operating margin 4.2%, net earnings $23.0M, operating cash flow $112M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 16.5% | 17.5% | -1.0 pts |
| Operating margin | 4.2% | 4.7% | -0.5 pts |
| Net margin | 3.3% | 3.9% | -0.6 pts |
| Free cash flow margin | 8.1% | 12.2% | -4.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Siding | $473M | $441M | $32.0M | +7% |
| OSB | $180M | $182M | −$2.0M | -1% |
| Other | $38.0M | $41.0M | −$3.0M | -7% |
| Revenue | $691M | $664M | $27.0M | +4% |
| Gross profit | $114M | $116M | −$2.0M | -2% |
| Cost of revenue | $577M | $548M | $29.0M | +5% |
| Other income, net | $3.0M | $3.0M | $0 | 0% |
| Operating profit | $29.0M | $31.0M | −$2.0M | -6% |
| Operating expenses | $85.0M | $85.0M | $0 | 0% |
| Pre-tax earnings | $32.0M | $34.0M | −$2.0M | -6% |
| SG&A | $76.0M | $80.0M | −$4.0M | -5% |
| Other operating costs | $9.0M | $5.0M | $4.0M | +80% |
| Net earnings | $23.0M | $26.0M | −$3.0M | -12% |
| Income tax | $9.0M | $8.0M | $1.0M | +12% |
| Depreciation & amortization | $38.0M | $39.0M | −$1.0M | -3% |
| Working capital & other | $51.0M | $75.0M | −$24.0M | -32% |
| Operating cash flow | $112M | $140M | −$28.0M | -20% |
| Free cash flow (OCF − capex) | $56.0M | $81.0M | −$25.0M | -31% |
| Capital expenditures | $56.0M | $59.0M | −$3.0M | -5% |
Questions
How much did Louisiana-Pacific's revenue grow quarter over quarter in Q3 2026?
Louisiana-Pacific's revenue rose $27.0M (+4%) from $664M in Q2 2026 to $691M in Q3 2026.
What drove Louisiana-Pacific's revenue change in Q3 2026?
Siding +$32.0M (+7%); Other −$3.0M (-7%); OSB −$2.0M (-1%).