Filing Flows › Owens Corning (OC) › Q2 2026
Owens Corning (OC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Owens Corning (OC) reported revenue of $2.8B for the second quarter 2026 (Q2 2026), +0.3% from a year earlier and +22% from the quarter before. Operating margin was 17.5%, net earnings $227M (8.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | +22% | +0.3% |
| Gross profit | $793M | +55% | -8% |
| Operating profit | $482M | +302% | -5% |
| Net earnings | $227M | — | -37% |
| Operating cash flow | $398M | — | +22% |
| Free cash flow | $199M | — | +54% |
What changed
Revenue was $2.8B in Q2 2026, roughly flat year over year and up 22% from the previous quarter.
Gross margin was 28.8%, down 2.5 points from Q2 2025. Operating profit was $0.48B, a 17.5% margin (down 0.9 points year over year). Operating profit fell $0.02B even though revenue rose $0.01B versus Q2 2025, so costs grew faster than sales. Operating expenses fell 12% while revenue was flat. Net earnings were $0.23B, down 38% year over year. The effective tax rate was 31.0%.
Operating cash flow was $0.40B (up 22% year over year), 175% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.02B. Capital expenditures of $0.20B left free cash flow of $0.20B.
Questions
What was Owens Corning's revenue in the second quarter 2026?
Owens Corning (OC) reported revenue of $2.8B for the second quarter 2026 (Q2 2026), +0.3% from a year earlier and +22% from the quarter before.
Was Owens Corning profitable in the second quarter 2026?
Operating profit was $482M (17.5% of revenue) and net earnings $227M.
Source: Owens Corning 10-Q on SEC EDGAR.