The financials
Owens Corning by the numbers
Owens Corning (OC) reported revenue of $2.27B in Q1 2026 (quarter ended March 31, 2026), down 10% from the same quarter a year earlier. That came with a gross margin of 23% and net loss of $105M. For the full year FY2025, revenue was $10.1B (+2.6% year on year) and net income −$522M. Its largest region in 2026-Q2 was North America at $1.12B, 95% of the disclosed total, just ahead of Europe at 4.9%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $2.27B | $2.53B | −10% |
| Gross profit | $510M | $725M | −30% |
| Operating income | $120M | $407M | −71% |
| Net income | −$105M | −$93M | n/a |
| Diluted EPS | −$1.29 | −$1.08 | n/a |
| Geographic | Revenue | Share |
|---|---|---|
| North America | $1.12B | 95% |
| Europe | $58M | 4.9% |
| Asia Pacific | $1.0M | 0.1% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.18B (+38%)
Europe grew +5.5% year on yearAsia Pacific -50% year on year
Segment Latestquarter on quarteryear on year
- North America$1.12B$1.12BQoQ +40%year on year -0.44%+40%-0.44%
- Europe$58.0M$58.0MQoQ +12%year on year +5.5%+12%+5.5%
- Asia Pacific$1.0M$1.0MQoQ -50%year on year -50%-50%-50%
- Restof World$0.00$0.00QoQ -year on year ---
Building Products & Equipment
Ranks #6 of 18 by Smart Score