Newell Brands (NWL) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
Newell Brands reported revenue of $1.9 billion for Q3 2026, up 4% from a year earlier (Newell Brands, Oct 30, 2026). Diluted EPS was -$0.19. Home & Commercial Solutions brought in $1,012 million, up 7%. Every figure is from Newell Brands's release. Walnut is informational, not investment advice.
NWL Q3 2026 results
In one sentence
Newell Brands reported revenue of $1.9 billion for Q3 2026, up 4% from a year earlier (Newell Brands, Oct 30, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $1,873 million | $1,806 million | up 4% |
| Diluted EPS (GAAP) | -$0.19 | $0.05 | n/a |
| Diluted EPS (normalized) | $0.20 | $0.17 | up 18% |
| Net income | -$81.0 million | $21.0 million | n/a |
The quarter ended September 30, 2026 and Newell Brands published the results on October 30, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Newell Brands reports EPS two ways: GAAP, under the accounting rules every US filer follows, and normalized, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.
- The GAAP loss includes a $101 million non-cash impairment of an indefinite-lived tradename in the Commercial business of Home & Commercial Solutions. Newell Brands' normalized figures exclude it, along with restructuring, acquired-intangible amortization, a pension settlement loss and other items.
- Diluted EPS is a loss of $0.19 a share. Because of the loss, diluted and basic share counts are the same, 425.9 million.
Source: Newell Brands Q3 2026 results, October 30, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
NWL revenue by segment
How Newell Brands splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.
| Net sales by segment and business | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Home & Commercial Solutions | $1,012 million | $942 million | up 7% |
| Kitchen | $501 million | $475 million | up 5% |
| Commercial | $352 million | $331 million | up 6% |
| Home Fragrance | $159 million | $136 million | up 17% |
| Learning & Development | $692 million | $681 million | up 2% |
| Writing | $423 million | $408 million | up 4% |
| Baby | $269 million | $273 million | down 1% |
| Outdoor & Recreation | $169 million | $183 million | down 8% |
- Newell Brands's Home & Commercial Solutions revenue was $1.0 billion in Q3 2026, up 7% from $942 million in Q3 2025, 54% of total revenue.
- Newell Brands's Learning & Development revenue was $692 million in Q3 2026, up 2% from $681 million in Q3 2025, 37% of total revenue.
- Newell Brands's Outdoor & Recreation revenue was $169 million in Q3 2026, down 8% from $183 million in Q3 2025, 9% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
Newell Brands's outlook for Q4 and full year 2026
From the earnings release
In its Q3 2026 release, Newell Brands said:
“Normalized EPS $0.17 to $0.19”
“Normalized EPS $0.74 to $0.76”
“Higher sales expectations and additional cost containment are offsetting additional inflation, enabling the Company to maintain the midpoints of its full-year normalized operating margin and normalized EPS outlooks.”
“Based on these two items the Company has revised its full-year operating cash flow guidance to approximately $150 million.”
Source: Newell Brands Q3 2026 release, Oct 30, 2026.
This is the company's own guidance as of Oct 30, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the NWL forecast page.
NWL recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $1,873 million | -$0.19 | Oct 30, 2026 |
Q2 2026 ended Jun 30, 2026 | $1,994 million | $0.25 | Jul 31, 2026 |
Q1 2026 ended Mar 31, 2026 | $1,549 million | -$0.08 | May 1, 2026 |
Q4 2025 ended Dec 31, 2025 | $1,897 million | -$0.75 | Feb 6, 2026 |
Q3 2025 ended Sep 30, 2025 | $1,806 million | $0.05 | Oct 31, 2025 |
GAAP net sales and diluted earnings (loss) per share, each as first reported in that quarter's release.
When does NWL report earnings next?
We do not hold a confirmed date for Newell Brands's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past Newell Brands quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 2026 (this page), reported Oct 30, 2026
What Newell Brands's revenue is made of
Newell Brands reported Q3 2026 net sales of $1,873 million, up 3.7% from $1,806 million, its second consecutive quarter of year-over-year sales growth. Core sales, which exclude foreign exchange, acquisitions, divestitures and certain exits, grew 3.3%. Newell said four of its six businesses and seven of its top 10 brands grew. (Newell Brands Q3 2026 release, Oct 30, 2026)
Home & Commercial Solutions is the largest segment, with net sales of $1,012 million against $942 million and core sales growth of 6.0%. Kitchen sales were $501 million, Commercial $352 million and Home Fragrance $159 million, and all three grew core sales. Learning & Development sales were $692 million, with core growth of 2.3%: Writing grew to $423 million while Baby was roughly flat at $269 million. (Newell Brands Q3 2026 release, Oct 30, 2026; Newell Brands Form 10-Q, Q3 2026, Oct 30, 2026)
Outdoor & Recreation, which sells outdoor products and beverageware under brands including Coleman, Contigo and Marmot, was the weak spot. Its net sales fell to $169 million from $183 million on a 6.4% core sales decline, and its normalized operating loss widened to $10 million from $1 million. (Newell Brands Q3 2026 release, Oct 30, 2026; Newell Brands Form 10-K, 2025, Feb 13, 2026)
North America accounted for $1,243 million of Q3 2026 net sales and international markets for $630 million. Newell sells mostly through large retailers: in 2025 Amazon, its largest customer, accounted for approximately 17% of net sales and Walmart approximately 13%. (Newell Brands Form 10-Q, Q3 2026, Oct 30, 2026; Newell Brands Form 10-K, 2025, Feb 13, 2026)
What Newell Brands's EPS includes
Newell Brands posted a GAAP diluted loss of $0.19 a share in Q3 2026, against EPS of $0.05 a year earlier, while normalized diluted EPS rose to $0.20 from $0.17. The gap is mainly a $101 million non-cash impairment charge on an indefinite-lived tradename in the Commercial business, which Newell tied to lower profitability expectations from higher operating costs and to rising interest rates. Normalized results also exclude $23 million of acquired-intangible amortization, a $19 million pension settlement loss and $16 million of debt extinguishment costs. (Newell Brands Q3 2026 release, Oct 30, 2026; Newell Brands Form 10-Q, Q3 2026, Oct 30, 2026)
Operating income fell to $27 million from $119 million, but normalized operating income rose to $184 million, or 9.8% of sales, from $162 million, on higher sales and a normalized gross margin of 35.2% against 34.5%. Net interest expense was $86 million. During the quarter Newell issued $600 million of 6.250% senior notes due 2031 and redeemed its 6.375% notes due 2027. (Newell Brands Q3 2026 release, Oct 30, 2026)
Newell's weighted-average diluted share count was 425.9 million, against 423.5 million a year earlier, and it paid a dividend of $0.07 a share. Debt outstanding was $4.8 billion at quarter end, with $249 million of cash. (Newell Brands Q3 2026 release, Oct 30, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at Newell Brands
Newell Brands gives a quarterly and full-year outlook in its release. For Q4 2026 it expects net sales and core sales growth of 1% to 3%, a normalized operating margin of 8.4% to 9.0% and normalized EPS of $0.17 to $0.19. For full-year 2026 it raised net sales growth to 2% to 3%, from 1% to 2%, and core sales growth to 1% to 2%, and narrowed normalized EPS to $0.74 to $0.76 from $0.73 to $0.77. (Newell Brands Q3 2026 release, Oct 30, 2026)
Newell cut its operating cash flow outlook to approximately $150 million. It said terminating its non-qualified defined benefit plans lowers expected operating cash flow by approximately $85 million, even though the transaction is expected to bring a net cash benefit of approximately $60 million, and that it expects less cash from receivables factoring after its bond refinancing. (Newell Brands Q3 2026 release, Oct 30, 2026)
A consensus figure is the average of the models published by the analysts who cover Newell Brands, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at Newell Brands
The figures below are the ones Newell Brands's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Core sales growth | 3.3% Home & Commercial Solutions 6.0%; Learning & Development 2.3%; Outdoor & Recreation -6.4% Newell Brands Q3 2026 release, Oct 30, 2026 |
| Normalized gross margin | 35.2%, against 34.5% GAAP gross margin 34.7%, against 34.1% Newell Brands Q3 2026 release, Oct 30, 2026 |
| Normalized operating margin | 9.8%, against 8.9% GAAP operating margin 1.4%, against 6.6% Newell Brands Q3 2026 release, Oct 30, 2026 |
| Normalized EBITDA | $248 million Against $225 million a year earlier Newell Brands Q3 2026 release, Oct 30, 2026 |
| Debt outstanding | $4.8 billion Cash and cash equivalents $249 million Newell Brands Q3 2026 release, Oct 30, 2026 |
| Largest customer | Amazon, approximately 17% of 2025 net sales Walmart approximately 13% Newell Brands Form 10-K, 2025, Feb 13, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning NWL is on is NWL a buy or a sell?, what analysts expect next is on the NWL forecast, and what the company does is on the Newell Brands (NWL) stock page.
How to check NWL's figures yourself
Every number on this page can be traced to a document Newell Brands published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about Newell Brands
Ask Walnut's AI anything about NWL and see how it fits what you own.
FAQ
What was Newell Brands's revenue last quarter?
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Newell Brands reported revenue of $1,873 million for Q3 2026, the quarter ended September 30, 2026, against $1,806 million in Q3 2025 (up 4%). The figures come from Newell Brands's results release of October 30, 2026.
What guidance did Newell Brands give for Q4 and full year 2026?
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In its Q3 2026 release, Newell Brands said: "Normalized EPS $0.17 to $0.19 Normalized EPS $0.74 to $0.76 Higher sales expectations and additional cost containment are offsetting additional inflation, enabling the Company to maintain the midpoints of its full-year normalized operating margin and normalized EPS outlooks. Based on these two items the Company has revised its full-year operating cash flow guidance to approximately $150 million." That is the company's own outlook as of Oct 30, 2026, and companies revise outlooks as the quarter goes on.
When does NWL report earnings next?
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We do not hold a confirmed date for Newell Brands's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does Newell Brands's revenue come from?
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Newell Brands's Home & Commercial Solutions revenue was $1.0 billion in Q3 2026, up 7% from $942 million in Q3 2025, 54% of total revenue. Newell Brands's Learning & Development revenue was $692 million in Q3 2026, up 2% from $681 million in Q3 2025, 37% of total revenue. Newell Brands's Outdoor & Recreation revenue was $169 million in Q3 2026, down 8% from $183 million in Q3 2025, 9% of total revenue. These are the lines of Newell Brands's own "net sales by segment and business" table for Q3 2026.
How much did Newell Brands's revenue grow last quarter?
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Up 4% on the year: $1,873 million in Q3 2026 against $1,806 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Newell Brands's business do not distort it.
What is the difference between Newell Brands's GAAP and normalized EPS?
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GAAP EPS follows US accounting rules and is the figure in the audited statements. Newell Brands's normalized EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were -$0.19 and $0.20. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Where do the NWL numbers on this page come from?
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From Newell Brands's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from Newell Brands's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.