| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 472.00 | 15.2% | 11.2% |
| Total Income | 472.00 | 15.2% | 11.2% |
| Expenditure | 338.20 | 7.1% | 12.2% |
| PBT | 126.90 | 43.5% | 10.1% |
| Net Profit | 96.70 | 44.8% | 10.1% |
| OPM | 28.35% | 5.37pp | 0.67pp |
| NPM | 20.49% | 4.19pp | 0.19pp |
| EPS | 2.28 | 46.1% | 12.9% |
Armstrong World Industries Reports Q2 2026 Results with Double-Digit Sales Growth
28 Jul 2026 · 28 Jul, 3:38 pm
Summary
Armstrong World Industries announced strong second-quarter 2026 results, highlighted by record net sales and solid earnings growth. Net sales increased by 11.2% year-over-year to $472.0 million, driven by both volume and Average Unit Value growth. Operating income rose 8.6% to $133.8 million, and Adjusted EBITDA increased 7.5% to $166 million. The company is raising its full-year 2026 guidance for net sales, Adjusted EBITDA, Adjusted Diluted Net Earnings Per Share, and Adjusted Free Cash Flow, reflecting confidence in its growth strategy and operational execution.
Key Highlights
- 1
Armstrong World Industries reported record second-quarter Net Sales with double-digit growth in Architectural Specialties and strong Mineral Fiber results.
- 2
Operating Income increased by 9% and Adjusted EBITDA grew by 8% compared to the prior-year period.
- 3
Diluted Net Earnings Per Share saw a 12% increase, reaching $2.26, while Adjusted Diluted Net Earnings Per Share rose by 13% to $2.36.
- 4
The company is raising its 2026 guidance midpoints across all key financial metrics.
- 5
The share repurchase authorization was increased by $800 million and extended through December 2029.
Management Comments
Mark Hershey
Consistent execution across our enterprise and continued contributions from our growth initiatives drove record quarterly net sales, operating income and adjusted EBITDA, with solid performance in both segments. Mineral Fiber delivered solid Average Unit Value growth and a second consecutive quarter of volume growth, while Architectural Specialties posted double-digit sales growth and a healthy adjusted EBITDA margin. These results reflect the durability of our business model, the strength of our growth initiatives and the dedication, discipline and customer focus of our teams. While we continue to monitor macroeconomic and geopolitical uncertainty, we remain well-positioned to manage through these conditions, execute on our growth initiatives and capture additional market opportunities as they emerge.
Chris Calzaretta
We are pleased with our second quarter results, delivering double-digit sales growth for the total company and solid profitability across both segments against a strong prior-year comparison. The strength of that performance gives us the confidence to raise the midpoint of our full-year guidance across all key metrics. As we look to the second half of the year, we remain focused on executing our growth strategy, driving operational excellence, and continuing to create value for our shareholders.
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