Owens Corning reported second-quarter 2026 revenue of $2.8 billion and adjusted EBITDA of $660 million, producing a 24% adjusted EBITDA margin. Adjusted earnings per diluted share were $3.93, while free cash flow rose to $199 million from $129 million a year earlier. The company returned $264 million to shareholders through $200 million in share repurchases and $64 million in dividends. For the third quarter, Owens Corning expects enterprise revenue of $2.6 billion to $2.7 billion and an adjusted EBITDA margin of approximately 20% to 22%, with roofing revenue declining by a mid-to-high single-digit percentage and insulation revenue growing by a mid-single-digit percentage. The company also announced that Jonathan Collins will join as chief financial officer on August 10, while Todd Fister transitions to president and chief operating officer.
Owens Corning IncQ2 revenue and adjusted EBITDA beat expectations, with strong margins and free cash flow, plus share repurchases and dividends.
