Owens Corning releases transcript of Q1 2026 earnings call
Owens Corning
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- Owens Corning held fiscal Q1 2026 earnings call attended by Chair and CEO Brian D. Chambers, Executive VP and CFO and COO Todd W. Fister, Director of Investor Relations Darren Garvin, analysts.
- Quarter results: revenue USD 2.27 billion, adjusted EBITDA USD 369 million, adjusted EBITDA margin 16%; adjusted EPS USD 1.22; free cash flow outflow USD 387 million on seasonal working capital, capital additions USD 210 million.
- Second-quarter outlook: revenue about USD 2.6 billion to USD 2.7 billion; enterprise adjusted EBITDA margin about 20% to 22%; Iran conflict inflation expected to cost about USD 60 million in Q2, included in outlook.
- Tariffs: net impact about USD 13 million in Q1 versus prior year; potential eligibility for about USD 50 million of refunds, with about USD 25 million already filed that could benefit Q2, not included in guidance.
- Portfolio and capital allocation: completed sale of glass reinforcements with expected cash proceeds about USD 280 million, with additional USD 50 million to USD 70 million expected from excess alloy sales over next year; reiterated plan to return USD 1 billion to shareholders in 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Owens Corning published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.
