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How Newell Brands (NWL) makes money

Newell Brands (NWL) made $1.9B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Home and Commercial Solutions brought in $1.0B (54%); Learning and Development brought in $692M (37%); Outdoor and Recreation brought in $169M (9%).

Drawing the Sankey…

Newell Brands revenue by segment, Q3 2026Newell Brands revenue by segment, Q3 2026Home and Commercial Solutions$1.0BLearning and Development$692MOutdoor and Recreation$169M
Newell Brands: revenue by line, Q1 2025 to Q3 2026Newell Brands: revenue by line, Q1 2025 to Q3 2026Home and Commercial S…Learning and Developm…Outdoor and RecreationHome and Commercial Solutions: $1.0B latest$1.0BLearning and Development: $692M latest$692MOutdoor and Recreation: $169M latest$169MQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Outdoor and Recreation went from 12% of revenue in Q1 2025 to 9% in Q3 2026, the largest shift in the mix.
Newell Brands revenue by quarterNewell Brands revenue by quarter$1.6BQ1 2025$1.9BQ2 2025$1.8BQ3 2025$1.9BQ4 2025$1.5BQ1 2026$2.0BQ2 2026$1.9BQ3 2026
Newell Brands: where each dollar of revenue goesNewell Brands: where each dollar of revenue goesOperating cash flow16¢Free cash flow13¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Home and Commercial Solutions$1.0B54.0%+12%+7%
Learning and Development$692M36.9%-19%+2%
Outdoor and Recreation$169M9.0%-30%-8%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.9B100.0%
Operating cash flow$297M15.9%
Free cash flow$250M13.3%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.9B+4%
Q2 2026$2.0B+3%
Q1 2026$1.5B-1%
Q4 2025$1.9B-3%
Q3 2025$1.8B-7%
Q2 2025$1.9B-5%
Q1 2025$1.6B-5%

From Newell Brands' 10-Q filed Oct 30, 2026 (on EDGAR).

Questions

How does Newell Brands make money?

Newell Brands (NWL) made $1.9B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Home and Commercial Solutions brought in $1.0B (54%); Learning and Development brought in $692M (37%); Outdoor and Recreation brought in $169M (9%).

What is Newell Brands' biggest business?

Home and Commercial Solutions: $1.0B in the third quarter 2026, 54% of revenue, +7% 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.