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Owens Corning OC Net Income

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Other financials

Income statement

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Revenue$2.8B+0.3%
Gross profit$793.0M-7.6%
Operating income$482.0M-4.6%
Net income$226.0M-37.7%
EPS (diluted)$2.80-34.1%

Balance sheet

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Cash & equivalents$271.0M+17.8%
Total debt$4.8B-19.3%
Total equity$3.8B-26.9%
Total assets$12.7B-12.1%

Cash flow

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Operating cash flow$398.0M+21.7%
CapEx$199.0M+0.5%
Free cash flow-$387.0M-53.6%

Valuation

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Market cap$12.28B-0.6%
Enterprise value$16.8B-7.0%
P/S1.3×+0.1×

Profitability

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Gross margin26%-4.0pp
Operating margin7.6%-9.6pp
Net margin-6.8%
FCF margin8.4%-2.4pp

Returns & leverage

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Return on equity-15%
Debt / equity1.3×+0.1×
Current ratio1.2×-0.4×

Where this comes from

Reported directly by Owens Corning in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: Owens Corning’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 6:05 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001370946-26-000177
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Equity in net earnings of affiliates11
NET EARNINGS FROM CONTINUING OPERATIONS311333350588
Net (loss) earnings from discontinued operations attributable to Owens Corning, net of tax(84)29(227)(319)
NET EARNINGS$227$362$123$269
NET EARNINGS FROM CONTINUING OPERATIONS$311$333$350$588
Net earnings (loss) attributable to noncontrolling interests1(1)2(1)
NET EARNINGS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO OWENS CORNING310334348589
Net (loss) earnings from discontinued operations attributable to Owens Corning, net of tax(84)29(227)(319)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Owens Corning's net income?
Owens Corning (OC) reported net income of $227M in Q2 2026.
How has Owens Corning's net income changed year-over-year?
Owens Corning's net income decreased by 37.3% year-over-year, from $362M to $227M.
What is the long-term trend for Owens Corning's net income?
Over 3 years (2021 to 2025), Owens Corning's net income has grown at a -19.3% compound annual growth rate (CAGR), from $995M to -$522M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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