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.
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_income| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '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% |
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '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 |
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '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 |