Newell Brands Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, reporting a net loss of $81 million for the third quarter and a $101 million impairment of goodwill, intangibles, and other assets.

Key Highlights

  • Q3 2026 net loss: $81 million, or $(0.19) per basic and diluted share, compared to net income of $21 million, or $0.05 per share, in Q3 2025.
  • Goodwill and intangibles impairment: $101 million recorded in Q3 2026, with no comparable charge in Q3 2025.
  • Net sales growth: Q3 2026 net sales were $1,873 million, up from $1,806 million in Q3 2025; nine-month net sales were $5,416 million versus $5,307 million in the prior-year period.
  • Nine-month net loss: $(8) million, or $(0.02) per basic and diluted share, compared to net income of $30 million, or $0.07 per share, for the nine months ended September 30, 2025.
  • Long-term debt: $4,841 million as of September 30, 2026, up from $4,543 million at December 31, 2025.
  • Cash and cash equivalents: $249 million at September 30, 2026, compared to $203 million at December 31, 2025.
  • Shares outstanding: 426.0 million shares of common stock as of October 26, 2026.

Newell Brands Q3 2026 Financial Results: Impairment and Loss Weigh on Quarter

According to the filing, Newell Brands Inc. (NASDAQ:NWL) reported Q3 2026 net sales of $1,873 million, an increase from $1,806 million in the third quarter of 2025. Gross profit rose to $649 million from $616 million in the prior-year quarter. However, the company recorded $101 million in impairment of goodwill, intangibles, and other assets during Q3 2026, a charge that was absent in Q3 2025. Restructuring costs, net, were $13 million in Q3 2026 compared to $5 million in Q3 2025.

The filing disclosed that operating income fell to $27 million in Q3 2026 from $119 million in Q3 2025. Interest expense, net, was $86 million for the quarter, and the company recorded a $16 million loss on extinguishment of debt. These items contributed to a pre-tax loss of $92 million, and after an income tax benefit of $11 million, the net loss for the quarter was $81 million. For the nine months ended September 30, 2026, the company reported a net loss of $8 million on net sales of $5,416 million.

On the balance sheet, total assets were $10,928 million as of September 30, 2026, compared to $10,715 million at December 31, 2025. Inventories increased to $1,596 million from $1,281 million. Net cash provided by operating activities for the nine-month period was $93 million, down from $103 million in the comparable 2025 period. The company declared dividends of $0.21 per share for the nine months ended September 30, 2026, and $0.07 per share for Q3 2026 alone, according to the filing.

What Was Disclosed

Newell Brands filed its 10-Q for the quarter ended September 30, 2026, disclosing a $101 million impairment charge, a Q3 net loss of $81 million, net sales of $1,873 million for the quarter, and long-term debt of $4,841 million at quarter-end.