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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$11.72B-0.6%
Enterprise value$16.24B-7.0%
P/S1.2×+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:ResearchAndDevelopmentExpense.

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
Gross margin7938581,3031,583
OPERATING EXPENSES
Marketing and administrative expenses252263510524
Science and technology expenses35377272
Loss on sale of business2426
Other expense, net242911949
Total operating expenses311353701671
OPERATING INCOME482505602912

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Owens Corning's R&D?
Owens Corning (OC) reported R&D of $35M in Q2 2026.
How has Owens Corning's R&D changed year-over-year?
Owens Corning's R&D decreased by 5.4% year-over-year, from $37M to $35M.
What is the long-term trend for Owens Corning's R&D?
Over 4 years (2021 to 2025), Owens Corning's R&D has grown at a 13.3% compound annual growth rate (CAGR), from $91M to $150M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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