Quarterly ResultMay 6, 2026, 06:13 AM
LP Q1 2026 Net Sales $574M (-20.6%), Net Income $27M (-70.3%)
AI Summary
Louisiana-Pacific Corporation reported a significant decline in its first quarter 2026 financial results. Consolidated net sales decreased by 20.6% to $574 million, and net income fell by 70.3% to $27 million compared to Q1 2025. This downturn was primarily driven by lower net sales and volumes in both the Siding and Oriented Strand Board (OSB) segments. The company also provided financial guidance for the second quarter and full-year 2026, projecting continued declines in Siding net sales and negative OSB Adjusted EBITDA.
Key Highlights
- Consolidated net sales decreased by $149 million (20.6%) to $574 million in Q1 2026.
- Net income was $27 million, a decrease of $64 million (70.3%) from Q1 2025.
- Diluted EPS was $0.39, a decrease of $0.91 from $1.30 in Q1 2025.
- Siding net sales decreased by $42 million (10%) to $360 million.
- OSB net sales decreased by $99 million (37%) to $168 million.
- Adjusted EBITDA was $82 million, a decrease of $80 million from Q1 2025.
- Q2 2026 guidance: Consolidated Adjusted EBITDA projected at $100-105 million.
- Full-year 2026 capital expenditures expected to be ~$390 million.