Whirlpool Corporation (NYSE:WHR) reported third-quarter 2026 financial results on October 26, 2026, disclosing a GAAP net loss of $249 million and updated its full-year 2026 outlook for earnings and cash flow.

Key Highlights

  • Q3 net sales: $3,677 million, down 8.8% from $4,033 million in Q3 2025, according to the filing.
  • GAAP net loss: $(249) million, or $(3.80) per diluted share, compared to net earnings of $73 million, or $1.29 per diluted share, in Q3 2025.
  • Ongoing (non-GAAP) EBIT: $97 million, representing an ongoing EBIT margin of 2.6%, down from 4.5% in Q3 2025.
  • Price increases announced: 7% in MDA North America and up to 10% across MDA Latin America, both effective in Q4 2026.
  • Full-year 2026 guidance: GAAP loss per diluted share of approximately $(4.95) and ongoing loss per diluted share of approximately $(1.30), with net sales of approximately $14.5 billion.
  • Net debt outlook improved: Expected below $4.5 billion at year end 2026, revised from a prior expectation of below $5 billion.
  • Full-year free cash flow target: Approximately $300 million, with cash provided by operating activities of approximately $700 million.

Whirlpool Q3 2026 Segment Performance and Updated Annual Guidance

According to the filing, Whirlpool's MDA North America segment reported Q3 2026 net sales of $2,495 million, down 8.3% year-over-year, with an EBIT of $74 million, or 3.0% of sales, compared to $134 million, or 4.9% of sales, in the prior-year quarter. The filing attributed the year-over-year decline to soft industry demand (excluding currency, net sales fell 8.2%), while noting that sequential EBIT margin expansion was driven by price increases and structural cost reduction, partially offset by cost inflation in raw materials, fuel, and logistics. A 7% price increase effective in Q4 2026 was announced for this segment.

The MDA Latin America segment reported Q3 2026 net sales of $858 million, up 6.9% year-over-year, while EBIT fell to $18 million (2.0% of sales) from $45 million (5.7% of sales) in Q3 2025. The filing stated that EBIT margin was "pressured by mix shifts following Grupo Casas Bahia's bankruptcy reorganization." Price increases of up to 10% across the region were announced for Q4. The SDA Global segment was the sole segment to report EBIT growth, with $53 million in Q3 2026 versus $47 million in Q3 2025, an EBIT margin of 18.6% compared to 16.5% a year earlier, supported by what the filing described as product innovation and direct-to-consumer sales.

On a full-year basis, the filing updated 2026 guidance to reflect net sales of approximately $14.5 billion, a GAAP net earnings loss margin of approximately (2.2)%, and an ongoing (non-GAAP) EBIT margin of 2.0% to 2.2%. The 2026 GAAP tax rate is expected to be approximately 8% and the adjusted (non-GAAP) tax rate approximately 25%. The filing noted that the company's Q3 2026 year-to-date free cash flow was $(1,081) million, while the company maintained its full-year free cash flow target of approximately $300 million. The filing also contains forward-looking statements, which the company stated are subject to its cautionary language and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

What Was Disclosed

Whirlpool filed its Q3 2026 earnings disclosure on October 26, 2026, reporting a GAAP net loss of $(249) million and $(3.80) per diluted share for the quarter, announcing Q4 price increases in two segments, and updating its full-year 2026 financial outlook, including net debt below $4.5 billion at year end.