Operating Income

Operating Income

PPG Industries Operating Income decreased by 7.7% to $636.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $607.00M to $636.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.

Detailed definition

Operating income is the profit realized from a company's core business operations after deducting all operating expenses...

Peer comparison

A standard benchmark for operational performance; peers are compared based on operating margin percentages.

Metric ID: operating_income

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$644.00M$548.00M$459.00M$602.00M$554.00M$635.00M$787.00M$698.00M$666.00M$796.00M$689.00M$607.00M$743.00M$689.00M$636.00M
QoQ Change-14.9%-16.2%+31.2%-8.0%+14.6%+23.9%-11.3%-4.6%+19.5%-13.4%-11.9%+22.4%-7.3%-7.7%
YoY Change-6.5%+1.1%+38.3%+30.7%+26.0%+4.9%+1.1%-1.3%-8.9%-6.7%+0.0%+4.8%
Range$459.00M$796.00M
CAGR-0.4%
Avg YoY Growth+7.0%
Median YoY Growth+1.1%
Current Streak2 quarters decline

Business Segments

View all
SegmentQ4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Performance Coatings$325.00M$251.00M$326.00M$306.00M$274.00M$356.00M$272.00M$288.00M
Industrial Coatings$230.00M$249.00M$259.00M$200.00M$215.00M$227.00M$233.00M$193.00M
Global Architectural Coatings$118.00M$160.00M$184.00M$155.00M
Total$666.00M$796.00M$689.00M$607.00M$743.00M$689.00M$636.00M

Geographic Breakdown

View all
SegmentQ1 '25Q2 '25Q3 '25Q1 '26
United States and Canada$273.00M$360.00M$261.00M$268.00M
EMEA$144.00M$163.00M$177.00M$149.00M
Latin America$103.00M$120.00M$136.00M$139.00M
Asia Pacific$87.00M$100.00M$115.00M$80.00M
Total$607.00M$743.00M$689.00M$636.00M

Frequently Asked Questions

What is PPG Industries's operating income?
PPG Industries (PPG) reported operating income of $636.00M in Q1 2026.
How has PPG Industries's operating income changed year-over-year?
PPG Industries's operating income increased by 4.8% year-over-year, from $607.00M to $636.00M.
What does operating income mean?
The profit a company makes from its core business operations before interest and taxes.