Owens Corning posted Q2 2026 net sales of $2.76 billion, flat year over year; GAAP net earnings attributable to shareholders fell 7% to $310 million.
GAAP diluted EPS from continuing operations slipped 2% to $3.84; adjusted diluted EPS from continuing operations dropped 7% to $3.93.
Adjusted EBITDA from continuing operations declined 6% to $660 million, pushing the adjusted EBITDA margin down 2 percentage points to 24%.
Operating cash flow rose 22% to $398 million; free cash flow more than doubled to $199 million.
The company completed the sale of its glass reinforcements business on April 30 and returned $264 million via dividends and buybacks, targeting $2 billion over 2025-2026.
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