Quanex Building Products Corporation (NYSE:NX) filed its Form 10-Q for the quarterly period ended July 31, 2026, with the SEC, reporting a return to profitability compared to a large net loss in the same quarter a year earlier.

Key Highlights

  • Net sales of $501,845 thousand for the three months ended July 31, 2026, compared to $495,273 thousand in the prior-year quarter, according to the filing.
  • Net income of $26,504 thousand for Q3 fiscal 2026, versus a net loss of $276,007 thousand in Q3 fiscal 2025, which included $302,284 thousand in goodwill impairment charges.
  • Basic and diluted earnings per share of $0.58 for the quarter, compared to a loss per share of $6.04 in the prior-year period.
  • Nine-month net sales of $1,373,301 thousand, up from $1,347,795 thousand in the nine months ended July 31, 2025.
  • Cash provided by operating activities of $57,268 thousand for the nine months ended July 31, 2026, compared to $76,643 thousand in the prior-year period.
  • Total assets of $1,968,691 thousand as of July 31, 2026, essentially flat compared to $1,968,233 thousand at October 31, 2025.
  • Cash dividends of $0.08 per share declared for the quarter, consistent with the prior-year quarter.

Quanex Returns to Profitability in Third Quarter Fiscal 2026

According to the filing, Quanex Building Products reported net sales of $501,845 thousand for the three months ended July 31, 2026, a modest increase from $495,273 thousand in the same period of fiscal 2025. For the nine-month period, net sales rose to $1,373,301 thousand from $1,347,795 thousand. Operating income for the quarter was $46,490 thousand, compared to an operating loss of $270,835 thousand in the prior-year quarter, which the filing attributes largely to $302,284 thousand in asset impairment charges recorded in fiscal 2025 that did not recur in the current period.

The company reported net income of $26,504 thousand, or $0.58 per diluted share, for the three months ended July 31, 2026, versus a net loss of $276,007 thousand, or $6.04 per share, in Q3 fiscal 2025. For the nine-month period, net income was $25,783 thousand, or $0.57 per diluted share, compared to a net loss of $270,377 thousand in the prior-year period. Interest expense for the nine months declined to $36,387 thousand from $42,344 thousand, according to the filing. Depreciation and amortization for the quarter was $24,138 thousand, down from $33,882 thousand in Q3 fiscal 2025.

On the balance sheet, the company reported total assets of $1,968,691 thousand as of July 31, 2026, and total liabilities of $1,223,247 thousand, leaving total stockholders' equity of $745,444 thousand. Long-term debt stood at $636,814 thousand, down from $665,268 thousand at October 31, 2025. Cash and cash equivalents were $62,094 thousand at July 31, 2026. The filing states that 45,826,208 shares of common stock were outstanding as of August 28, 2026. Capital expenditures for the nine-month period were $33,066 thousand, compared to $40,996 thousand in the prior-year period.

What Was Disclosed

Quanex filed its unaudited quarterly report covering the three and nine months ended July 31, 2026, disclosing income statement, balance sheet, and cash flow data, along with share count and dividend information, reflecting a return to net profitability versus the prior year.