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MasterBrand (MBC) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

MasterBrand (MBC) reported revenue of $815M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +32% from the quarter before. Operating margin was -3.4%, net loss $57.6M (7.1% of revenue).

Revenue$815M
Year over year+12%
Quarter over quarter+32%
Operating margin-3.4%
Net earnings−$57.6M

MasterBrand, Q2 2026: revenue $815M (+12% year over year), operating margin -3.4%, net loss $57.6M, operating cash flow $139M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$815M+32%+12%
Operating profit−$27.8M—-141%
Net earnings−$57.6M—-254%
Operating cash flow$139M—+64%
Free cash flow$129M—+93%

What changed

Revenue was $815.2M in Q2 2026, up 12% year over year and up 32% from the previous quarter. Dealers was the largest line at 51% of revenue. Builders added $42.3M year over year (up 43%), 50% of the total change.

Gross margin was 25.2%, down 7.6 points from Q2 2025. Operating costs exceeded revenue by $27.8M, an operating margin of -3.4%. Operating expenses grew 35% against revenue growth of 12%. The fastest-growing cost line was SG&A (+36%). The quarter ended with a net loss of $57.6M, wider than the previous quarter's $15.4M loss.

Operating cash flow was $138.8M (up 64% year over year). Non-cash charges added back $48.2M of depreciation and amortization and $12.7M of share-based compensation. Working capital and other items added $135.5M. Capital expenditures of $10.2M left free cash flow of $128.6M.

Questions

What was MasterBrand's revenue in the second quarter 2026?

MasterBrand (MBC) reported revenue of $815M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +32% from the quarter before.

Was MasterBrand profitable in the second quarter 2026?

Operating loss was $27.8M (-3.4% of revenue) and net loss $57.6M.

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Source: MasterBrand 10-Q on SEC EDGAR.