Filing Flows › Owens Corning (OC) › Q2 2026 › vs Q1 2026
Owens Corning (OC) Q2 2026 vs Q1 2026 (quarter over quarter)
Owens Corning's revenue rose $491M (+22%) from $2.3B in Q1 2026 to $2.8B in Q2 2026. Gross margin 28.8% against 22.5% (+6.3 pts).
Owens Corning, Q2 2026: revenue $2.8B (+0.3% year over year), operating margin 17.5%, net earnings $227M, operating cash flow $398M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 28.8% | 22.5% | +6.3 pts |
| Operating margin | 17.5% | 5.3% | +12.2 pts |
| Net margin | 8.2% | -4.6% | +12.8 pts |
| Free cash flow margin | 7.2% | -17.1% | +24.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.8B | $2.3B | $491M | +22% |
| Gross profit | $793M | $510M | $283M | +55% |
| Cost of revenue | $2.0B | $1.8B | $208M | +12% |
| Operating profit | $482M | $120M | $362M | +302% |
| Operating expenses | $311M | $390M | −$79.0M | -20% |
| Pre-tax earnings | $329M | −$89.0M | $418M | — |
| Other expense, net | $153M | $209M | −$56.0M | -27% |
| Research & development | $35.0M | $37.0M | −$2.0M | -5% |
| SG&A | $252M | $258M | −$6.0M | -2% |
| Other operating costs | $24.0M | $95.0M | −$71.0M | -75% |
| Net earnings | $227M | −$104M | $331M | — |
| Income tax | $102M | $15.0M | $87.0M | +580% |
| Depreciation & amortization | $175M | $174M | $1.0M | +0.6% |
| Share-based compensation | $17.0M | $18.0M | −$1.0M | -6% |
| Working capital & other | $21.0M | $242M | −$221M | -91% |
| Operating cash flow | $398M | −$154M | $552M | — |
| Free cash flow (OCF − capex) | $199M | −$387M | $586M | — |
| Capital expenditures | $199M | $233M | −$34.0M | -15% |
Questions
How much did Owens Corning's revenue grow quarter over quarter in Q2 2026?
Owens Corning's revenue rose $491M (+22%) from $2.3B in Q1 2026 to $2.8B in Q2 2026. Gross margin 28.8% against 22.5% (+6.3 pts).