Filing Flows › PPG Industries (PPG) › Q3 2026
PPG Industries (PPG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
PPG Industries (PPG) reported revenue of $4.4B for the third quarter 2026 (Q3 2026), +7% from a year earlier and -3% from the quarter before. Operating margin was 17.4%, net earnings $451M (10.4% of revenue).
PPG Industries, Q3 2026: revenue $4.4B (+7% year over year), operating margin 17.4%, net earnings $451M, operating cash flow $566M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4B | -3% | +7% |
| Operating profit | $757M | +2% | +10% |
| Net earnings | $451M | +3% | -0.4% |
| Operating cash flow | $566M | +1% | -17% |
| Free cash flow | $411M | -8% | -24% |
What changed
Revenue was $4.4B in Q3 2026, up 7% year over year and down 3% from the previous quarter. Industrial Coatings was the largest line at 40% of revenue. Performance Coatings added $0.14B year over year (up 10%), 52% of the total change.
Operating profit was $0.76B, a 17.4% margin (up 0.5 points year over year). Of the extra revenue versus Q3 2025, 25% reached operating profit, above the 17% margin then. Total costs grew 6% against revenue growth of 7%. Net earnings were $0.45B, roughly flat year over year. The effective tax rate was 25.1%.
Operating cash flow was $0.57B (down 17% year over year), 124% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.03B. Capital expenditures of $0.15B left free cash flow of $0.41B.
Questions
What was PPG Industries' revenue in the third quarter 2026?
PPG Industries (PPG) reported revenue of $4.4B for the third quarter 2026 (Q3 2026), +7% from a year earlier and -3% from the quarter before.
Was PPG Industries profitable in the third quarter 2026?
Operating profit was $757M (17.4% of revenue) and net earnings $451M.
Source: PPG Industries 10-Q on SEC EDGAR.