Owens Corning (OC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.27B | 2.14B | 2.68B | 2.75B | 2.53B | 2.84B | 3.05B | 2.5B | 2.02B | 2.3B | 2.48B | 2.56B | 2.33B | 2.29B | 2.53B | 2.6B | 2.35B | 2.13B | 2.21B | 2.24B |
| Revenue Growth % | -10.47% | -24.58% | -11.88% | 10.01% | 25.43% | 23.26% | 22.87% | -2.58% | -13.47% | 0.83% | -1.98% | -1.46% | -0.64% | 7.23% | 14.28% | 16.17% | 22.51% | 10.7% | 16.23% | 37.78% |
| Cost of Goods Sold | 1.75B | 1.63B | 1.93B | 1.88B | 1.81B | 2.03B | 2.13B | 1.68B | 1.38B | 1.64B | 1.71B | 1.77B | 1.72B | 1.7B | 1.85B | 1.88B | 1.73B | 1.57B | 1.61B | 1.62B |
| COGS % of Revenue | 77.48% | 76.14% | 71.8% | 68.4% | 71.38% | 71.58% | 70.06% | 67.12% | 68.57% | 71.09% | 69.06% | 69.22% | 73.62% | 74.57% | 73.03% | 72.13% | 73.79% | 73.91% | 72.98% | 72.4% |
| Gross Profit | 510M | 511M | 757M | 868M | 724M | 807M | 912M | 821M | 634M | 666M | 767M | 789M | 615M | 581M | 682M | 725M | 615M | 556M | 598M | 618M |
| Gross Margin % | 22.52% | 23.86% | 28.2% | 31.6% | 28.62% | 28.42% | 29.94% | 32.88% | 31.43% | 28.91% | 30.94% | 30.78% | 26.38% | 25.43% | 26.97% | 27.87% | 26.21% | 26.09% | 27.02% | 27.6% |
| Gross Profit Growth % | -29.56% | -36.68% | -17% | 5.72% | 14.2% | 21.17% | 18.9% | 4.06% | 3.09% | 14.63% | 12.46% | 8.83% | 0% | 4.5% | 14.05% | 17.31% | 38.51% | 9.88% | 25.1% | 78.61% |
| Operating Expenses | 390M | 289M | 1.08B | 299M | 296M | 346M | 315M | 260M | 217M | 256M | 230M | 234M | 232M | 248M | 225M | 219M | 207M | 235M | 207M | 210M |
| OpEx % of Revenue | 17.22% | 13.49% | 40.39% | 10.88% | 11.7% | 12.18% | 10.34% | 10.41% | 10.76% | 11.11% | 9.28% | 9.13% | 9.95% | 10.85% | 8.9% | 8.42% | 8.82% | 11.03% | 9.35% | 9.38% |
| Selling, General & Admin | 258M | 250M | 240M | 262M | 261M | 303M | 279M | 228M | 190M | 218M | 201M | 206M | 204M | 215M | 199M | 195M | 184M | 207M | 186M | 188M |
| SG&A % of Revenue | 11.39% | 11.67% | 8.94% | 9.54% | 10.32% | 10.67% | 9.16% | 9.13% | 9.42% | 9.46% | 8.11% | 8.04% | 8.75% | 9.41% | 7.87% | 7.5% | 7.84% | 9.71% | 8.4% | 8.4% |
| Research & Development | 37M | 39M | 0 | 37M | 35M | 43M | 36M | 32M | 27M | 38M | 29M | 28M | 28M | 33M | 26M | 24M | 23M | 28M | 21M | 22M |
| R&D % of Revenue | 1.63% | 1.82% | - | 1.35% | 1.38% | 1.51% | 1.18% | 1.28% | 1.34% | 1.65% | 1.17% | 1.09% | 1.2% | 1.44% | 1.03% | 0.92% | 0.98% | 1.31% | 0.95% | 0.98% |
| Other Operating Expenses | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 120M | 222M | -327M | 569M | 428M | 461M | 597M | 561M | 417M | 410M | 537M | 555M | 383M | 333M | 457M | 506M | 408M | 321M | 391M | 408M |
| Operating Margin % | 5.3% | 10.36% | -12.18% | 20.71% | 16.92% | 16.23% | 19.6% | 22.47% | 20.67% | 17.8% | 21.66% | 21.65% | 16.43% | 14.57% | 18.07% | 19.45% | 17.39% | 15.06% | 17.67% | 18.22% |
| Operating Income Growth % | -71.96% | -51.84% | -154.77% | 1.43% | 2.64% | 12.44% | 11.17% | 1.08% | 8.88% | 23.12% | 17.51% | 9.68% | -6.13% | 3.74% | 16.88% | 24.02% | 63.2% | 2.88% | 32.54% | 130.51% |
| EBITDA | 294M | 323M | -145M | 741M | 587M | 600M | 782M | 728M | 548M | 543M | 697M | 714M | 510M | 464M | 587M | 644M | 540M | 448M | 520M | 530M |
| EBITDA Margin % | 12.98% | 15.08% | -5.4% | 26.97% | 23.2% | 21.13% | 25.67% | 29.15% | 27.17% | 23.57% | 28.12% | 27.86% | 21.88% | 20.31% | 23.21% | 24.76% | 23.02% | 21.02% | 23.5% | 23.67% |
| EBITDA Growth % | -49.91% | -46.17% | -118.54% | 1.79% | 7.12% | 10.5% | 12.2% | 1.96% | 7.45% | 17.03% | 18.74% | 10.87% | -5.56% | 3.57% | 12.88% | 21.51% | 46.34% | -1.1% | 25.3% | 80.89% |
| D&A (Non-Cash Add-back) | 174M | 101M | 182M | 172M | 159M | 139M | 185M | 167M | 131M | 133M | 160M | 159M | 127M | 131M | 130M | 138M | 132M | 127M | 129M | 122M |
| EBIT | 120M | -224M | -328M | 505M | 407M | -244M | 509M | 419M | 376M | 183M | 463M | 487M | 534M | 182M | 610M | 489M | 443M | 326M | 386M | 430M |
| Net Interest Income | -66M | -64M | -65M | -63M | -64M | -61M | -70M | -64M | -16M | -14M | -17M | -23M | -22M | -27M | -28M | -26M | -28M | -29M | -31M | -33M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 66M | 64M | 65M | 63M | 64M | 61M | 70M | 64M | 16M | 14M | 17M | 23M | 22M | 27M | 28M | 26M | 28M | 29M | 31M | 33M |
| Other Income/Expense | 0 | -510M | -66M | -126M | -85M | -762M | -156M | -203M | -57M | -240M | -90M | -90M | 129M | -178M | 126M | -44M | 6M | -24M | -38M | -13M |
| Pretax Income | 54M | -288M | -393M | 443M | 343M | -301M | 441M | 358M | 360M | 170M | 447M | 465M | 512M | 155M | 583M | 462M | 414M | 297M | 353M | 395M |
| Pretax Margin % | 2.38% | -13.45% | -14.64% | 16.13% | 13.56% | -10.6% | 14.48% | 14.34% | 17.85% | 7.38% | 18.03% | 18.14% | 21.96% | 6.78% | 23.05% | 17.76% | 17.65% | 13.94% | 15.95% | 17.64% |
| Income Tax | 15M | -7M | 102M | 110M | 88M | -43M | 120M | 101M | 83M | 40M | 110M | 121M | 130M | 33M | 114M | 119M | 107M | 69M | 94M | 97M |
| Effective Tax Rate % | 27.78% | 2.43% | -25.95% | 24.83% | 25.66% | 14.29% | 27.21% | 28.21% | 23.06% | 23.53% | 24.61% | 26.02% | 25.39% | 21.29% | 19.55% | 25.76% | 25.85% | 23.23% | 26.63% | 24.56% |
| Net Income | -105M | -297M | -494M | 363M | -93M | -258M | 321M | 285M | 299M | 131M | 337M | 345M | 383M | 124M | 470M | 343M | 304M | 227M | 260M | 298M |
| Net Margin % | -4.64% | -13.87% | -18.41% | 13.21% | -3.68% | -9.08% | 10.54% | 11.41% | 14.82% | 5.69% | 13.59% | 13.46% | 16.43% | 5.43% | 18.58% | 13.19% | 12.96% | 10.65% | 11.75% | 13.31% |
| Net Income Growth % | -12.9% | -15.12% | -253.89% | 27.37% | -131.1% | -296.95% | -4.75% | -17.39% | -21.93% | 5.65% | -28.3% | 0.58% | 25.99% | -45.37% | 80.77% | 15.1% | 44.76% | -2.16% | 26.21% | 210.42% |
| Net Income (Continuing) | 39M | -281M | -495M | 333M | 255M | -258M | 321M | 257M | 277M | 130M | 337M | 344M | 382M | 122M | 469M | 343M | 307M | 228M | 259M | 298M |
| Discontinued Operations | -1000K | -1000K | 1000K | 1000K | -1000K | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 39M | 40M | 39M | 41M | 42M | 43M | 50M | 53M | 43M | 44M | 45M | 45M | 46M | 46M | 46M | 47M | 24M | 39M | 39M | 39M |
| EPS (Diluted) | -1.31 | -3.72 | -5.92 | 4.25 | -1.08 | -2.94 | 3.65 | 3.24 | 3.40 | 1.46 | 3.71 | 3.78 | 4.17 | 1.32 | 4.84 | 3.49 | 3.03 | 2.23 | 2.50 | 2.82 |
| EPS Growth % | -21.3% | -26.53% | -262.19% | 31.17% | -131.76% | -301.37% | -1.62% | -14.29% | -18.47% | 10.61% | -23.35% | 8.31% | 37.62% | -40.81% | 93.6% | 23.76% | 53.03% | 4.69% | 32.98% | 220.45% |
| EPS (Basic) | -1.31 | -3.72 | -5.92 | 4.27 | -1.08 | -2.97 | 3.69 | 3.27 | 3.43 | 1.48 | 3.74 | 3.81 | 4.20 | 1.33 | 4.88 | 3.51 | 3.06 | 2.25 | 2.52 | 2.85 |
| Diluted Shares Outstanding | 80.2M | 80.2M | 83.45M | 85.5M | 86.3M | 87.9M | 87.9M | 88M | 87.9M | 89.5M | 90.9M | 91.3M | 91.9M | 94.2M | 97.1M | 98.4M | 100.2M | 101.7M | 103.9M | 105.5M |
| Basic Shares Outstanding | 80.2M | 80.2M | 83.45M | 85M | 85.8M | 87M | 87M | 87.2M | 87.3M | 88.5M | 90M | 90.5M | 91.3M | 93.1M | 96.3M | 97.6M | 99.5M | 100.9M | 103.1M | 104.6M |
| Dividend Payout Ratio | - | - | - | 16.25% | - | - | 16.2% | 18.25% | 17.39% | 35.11% | 13.95% | 13.62% | 12.53% | 26.61% | 7.02% | 10.2% | 11.51% | 11.89% | 10% | - |