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MasterBrand (MBC) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 6, 2026

MasterBrand (MBC) reported revenue of $1.0B for the third quarter 2026 (Q3 2026), +48% from a year earlier and +27% from the quarter before. Operating margin was 1.0%, net loss $9.2M (0.9% of revenue).

Revenue$1.0B
Year over year+48%
Quarter over quarter+27%
Operating margin1.0%
Net earnings−$9.2M

MasterBrand, Q3 2026: revenue $1.0B (+48% year over year), operating margin 1.0%, net loss $9.2M, operating cash flow $74.4M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$1.0B+27%+48%
Operating profit$10.0M—-76%
Net earnings−$9.2M—-151%
Operating cash flow$74.4M-46%+34%
Free cash flow$61.2M-52%+55%

What changed

Revenue was $1.0B in Q3 2026, up 48% year over year and up 27% from the previous quarter. Dealers was the largest line at 42% of revenue. Retailers added $0.16B year over year (up 75%), 47% of the total change.

Gross margin was 24.6%, down 6.6 points from Q3 2025. Operating profit was $0.01B, a 1.0% margin (down 5.0 points year over year). Operating profit fell $0.03B even though revenue rose $0.34B versus Q3 2025, so costs grew faster than sales. Operating expenses grew 39% against revenue growth of 48%. The fastest-growing cost line was Other operating costs (+132%). The quarter ended with a net loss of $0.01B, narrower than the previous quarter's $0.06B loss. Net interest and other expense of $0.02B was the main reason.

Operating cash flow was $0.07B (up 34% year over year). Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.02B. Capital expenditures of $0.01B left free cash flow of $0.06B.

Questions

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

MasterBrand (MBC) reported revenue of $1.0B for the third quarter 2026 (Q3 2026), +48% from a year earlier and +27% from the quarter before.

Was MasterBrand profitable in the third quarter 2026?

Operating profit was $10.0M (1.0% of revenue) and net loss $9.2M.

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Source: MasterBrand 10-Q on SEC EDGAR.