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How MasterBrand (MBC) makes money

MasterBrand (MBC) made $1.0B of revenue in the third quarter 2026 (Q3 2026), +48% from a year earlier. Dealers brought in $432M (42%); Retailers brought in $370M (36%); Builders brought in $235M (23%).

Drawing the Sankey…

MasterBrand revenue by segment, Q3 2026MasterBrand revenue by segment, Q3 2026Dealers$432MRetailers$370MBuilders$235M
MasterBrand: revenue by line, Q1 2026 to Q3 2026MasterBrand: revenue by line, Q1 2026 to Q3 2026DealersRetailersBuildersDealers: $432M latest$432MRetailers: $370M latest$370MBuilders: $235M latest$235MQ1 2026Q2 2026Q3 2026
Dealers went from 53% of revenue in Q1 2026 to 42% in Q3 2026, the largest shift in the mix.
MasterBrand revenue by quarterMasterBrand revenue by quarter$660MQ1 2025$731MQ2 2025$699MQ3 2025$645MQ4 2025$618MQ1 2026$815MQ2 2026$1.0BQ3 2026
MasterBrand: where each dollar of revenue goesMasterBrand: where each dollar of revenue goesOperating cash flow7¢Free cash flow6¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Dealers$432M41.6%+5%+10%
Retailers$370M35.7%+41%+75%
Builders$235M22.6%+67%+146%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.0B100.0%
Operating cash flow$74.4M7.2%
Free cash flow$61.2M5.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.0B+48%
Q2 2026$815M+12%
Q1 2026$618M-6%
Q4 2025$645M-4%
Q3 2025$699M-3%
Q2 2025$731M+8%
Q1 2025$660M+4%

From MasterBrand's 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does MasterBrand make money?

MasterBrand (MBC) made $1.0B of revenue in the third quarter 2026 (Q3 2026), +48% from a year earlier. Dealers brought in $432M (42%); Retailers brought in $370M (36%); Builders brought in $235M (23%).

What is MasterBrand's biggest business?

Dealers: $432M in the third quarter 2026, 42% of revenue, +10% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.