Form 10-Q · Quarterly report
PPG Industries 10-Q, filed Oct 28, 2026
- Filed
- CIK
- 0000079879
- Accession no.
- 0000079879-26-000318
Summary
PPG Industries reported third-quarter 2026 net sales of $4.353 billion, up 6.6% year over year, and adjusted earnings per diluted share of $2.25, up 5.6%; for the first nine months, net sales rose 6.8% to $12.778 billion and adjusted earnings per diluted share was $6.31.
Key points
- Third-quarter net sales growth reflected higher selling prices (+3%), higher sales volumes (+2%), favorable foreign currency translation (+1%), and acquisitions (+1%).
- Reported earnings per diluted share from continuing operations were $2.12 in the third quarter, compared with $1.96 a year earlier.
- Nine-month net sales increased 6.8% to $12.778 billion; adjusted earnings per diluted share rose to $6.31 from $6.06.
- Third-quarter net sales rose in every reported region, including 10.2% in Asia Pacific and 9.6% in Latin America.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Results of Operations Three Months Ended September 30 Percent Change Nine Months Ended September 30 Percent Change ($ in millions, except percentages) 2026 2025 2026 vs. 2025 2026 2025 2026 vs. 2025 Net sales $4,353 $4,082 6.6 % $12,778 $11,961 6.8 % Cost of sales, exclusive of depreciation and amortization $2,589 $2,426 6.7 % $7,551 $7,000 7.9 % Selling, general and administrative $876 $824 6.3 % $2,692 $2,534 6.2 % Depreciation $108 $106 1.9 % $321 $297 8.1 % Amortization $26 $32 (18.8) % $79 $97 (18.6) % Research and development, net $106 $106 — % $326 $314 3.8 % Interest expense $67 $65 3.1 % $199 $183 8.7 % Interest income ($45) ($42) 7.1 % ($124) ($129)…
An excerpt of the text as filed with the SEC, cut for length.
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