Owens Corning filed its quarterly report on Form 10-Q for the period ended June 30, 2026 with the U.S. Securities and Exchange Commission, disclosing second-quarter and first-half financial results including net sales, earnings from continuing and discontinued operations, and balance sheet data.

Key Highlights

  • Q2 2026 net sales: $2,756 million, compared with $2,747 million in Q2 2025, according to the filing.
  • Net earnings from continuing operations (Q2 2026): $311 million, versus $333 million in the prior-year quarter.
  • Discontinued operations loss (Q2 2026): Net loss from discontinued operations attributable to Owens Corning was $84 million, net of tax.
  • Diluted EPS from continuing operations (Q2 2026): $3.84 per share, compared with $3.91 in Q2 2025.
  • Six-month net sales: $5,021 million for the six months ended June 30, 2026, versus $5,277 million in the same period of 2025.
  • Total assets: $12,731 million at June 30, 2026, down from $12,980 million at December 31, 2025.
  • Shares outstanding: 79,048,683 shares of common stock as of July 31, 2026, per the filing.

Owens Corning's Second-Quarter 2026 Results: Continuing Operations, Discontinued Items, and Balance Sheet

Owens Corning (New York Stock Exchange: OC) reported net sales of $2,756 million for the three months ended June 30, 2026, a modest increase from $2,747 million in the same quarter of 2025, according to the filing. Gross margin for Q2 2026 was $793 million, compared with $858 million a year earlier. Operating income for the quarter was $482 million, versus $505 million in Q2 2025. Net earnings attributable to Owens Corning from continuing operations were $310 million for the quarter, compared with $334 million in Q2 2025.

The filing also disclosed a net loss from discontinued operations attributable to Owens Corning of $84 million in Q2 2026, net of tax, compared with net earnings of $29 million from discontinued operations in Q2 2025. For the six months ended June 30, 2026, the discontinued operations loss attributable to Owens Corning was $227 million, net of tax. Basic and diluted net earnings per share attributable to Owens Corning on a total basis were $2.81 and $2.80, respectively, for Q2 2026, versus $4.27 and $4.25 in Q2 2025.

On the balance sheet at June 30, 2026, the company reported total assets of $12,731 million and total liabilities of $8,920 million. Long-term debt, net of current portion, stood at $4,188 million, down from $4,687 million at December 31, 2025. Total Owens Corning stockholders' equity was $3,772 million at June 30, 2026. The balance sheet reflected no current or non-current assets or liabilities of discontinued operations at June 30, 2026, compared with $426 million in current and $254 million in non-current discontinued-operations assets at year-end 2025.

What Was Disclosed

The 10-Q for the quarter ended June 30, 2026 disclosed consolidated income statement, comprehensive earnings, and balance sheet data for Owens Corning, including results from both continuing and discontinued operations, along with share counts and stockholders' equity figures.