Owens Corning Q2 net income falls 37.7% to $226.0M on lower margins; GR sale closes at reduced price

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

• high

  Net income fell 37.7% to $226.0M, with diluted EPS down 34.1% to $2.80, as gross margin declined on higher delivery costs, input inflation, and production downtime.

  MD&A: Results verify on EDGAR →
• high

  Glass Reinforcements sale closed April 30, 2026 for $370M net proceeds after a $110M price cut and elimination of $225M seller financing; six-month discontinued ops loss was $175M.

  MD&A: Divestiture verify on EDGAR →
• medium

  Total debt declined to $5.2B, and commercial paper outstanding dropped to $65M; credit facility amended to exclude 2025 impairment charges from leverage ratio.

  MD&A: Liquidity verify on EDGAR →