Owens Corning publishes Q3 2026 earnings call transcript
OC•Owens Corning forecast fourth-quarter revenue of $2 billion–$2.2 billion and an adjusted EBITDA margin of 10%–12%. A $476 million noncash Doors impairment contributed to a third-quarter net loss of $248 million, while the company deferred the remainder of its $2 billion shareholder-return commitment to 2027.
1. Outlook and costs
At its November 4 third-quarter 2026 earnings call, Owens Corning management cited weaker demand and rising costs. The company forecast fourth-quarter revenue of $2 billion–$2.2 billion and an adjusted EBITDA margin of 10%–12%, and said quarterly inflation costs were expected to exceed $100 million year over year. Roofing shipments faced pressure from distributor destocking.
2. Loss and capital returns
A $476 million noncash impairment in Doors drove a third-quarter net loss of $248 million. Management deferred the remaining portion of its $2 billion shareholder-return commitment for 2025–2026 to 2027 as it prioritized debt reduction.
