Owens Corning Inc

Filing receipts

“The decrease was primarily driven by lower sales volumes across all three segments, lower selling prices, the impact of production downtime, and input cost inflation.”

“RESULTS OF OPERATIONS Consolidated Results Three Months Ended March 31, (In millions) 2026 2025 Net sales $ 2,265 $ 2,530 Gross margin $ 510 $ 725 % of net sales 23 % 29 % Marketing and administrative expenses $ 258 $ 261 Other expense, net $ 95 $ 22 Earnings from continuing operations before interest and taxes $ 120 $ 407 Interest expense, net $ 66 $ 64 Income tax expense $ 15 $ 88 Net earnings from continuing operations attributable to Owens Corning $ 38 $ 255 Net loss from discontinued operations attributable to Owens Corning, net of tax $ (143) $ (348) Net loss attributable to Owens Corning $ (105) $ (93) The Consolidated Results discussion below provides a summary of our results and th...”

“The decrease was primarily driven by lower volumes, higher manufacturing costs of $17 million, lower selling prices of $13 million, input cost inflation of $6 million, and the impact of production downtime.”