PPG Industries (PPG) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and PPG Industries published the results on October 27, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. PPG Industries reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• EPS and net income on this page are from continuing operations, which is how PPG headlines its results. Including a $22 million loss from discontinued operations, diluted EPS attributable to PPG was $2.02, against $2.00 a year earlier.

Source: PPG Q3 2026 results, October 27, 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.

How PPG Industries 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.

• PPG Industries's Industrial Coatings revenue was $1.7 billion in Q3 2026, up 5% from $1.7 billion in Q3 2025, 40% of total revenue.
• PPG Industries's Performance Coatings revenue was $1.6 billion in Q3 2026, up 10% from $1.4 billion in Q3 2025, 36% of total revenue.
• PPG Industries's Global Architectural Coatings revenue was $1.1 billion in Q3 2026, up 4% from $1.0 billion in Q3 2025, 24% 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.

From the earnings release

In its Q3 2026 release, PPG Industries said:

“The company expects fourth quarter organic sales growth of a low single-digit percentage and company adjusted EBITDA margin in the range of flat to an increase of 100 basis points year over year.”

“We are improving our earnings outlook, resulting in a higher midpoint with a full-year adjusted earnings per share guidance range of $7.90 to $8.10.”

Source: PPG Q3 2026 release, Oct 27, 2026.

This is the company's own guidance as of Oct 27, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the PPG forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Net sales and diluted EPS from continuing operations, each as first reported in that quarter's release.

PPG Industries's next report is expected around January 26, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

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 27, 2026

PPG Industries reports three segments. In Q3 2026 Industrial Coatings had net sales of $1,744 million, Performance Coatings $1,554 million and Global Architectural Coatings $1,055 million, for a total of $4,353 million, up 7% from $4,082 million. PPG broke the increase down as 3% from higher selling prices, 2% from higher sales volumes, 1% from foreign currency and 1% from acquisitions; organic sales rose 5%. (PPG Q3 2026 release, Oct 27, 2026)

Performance Coatings, made up of automotive refinish, aerospace, protective and marine coatings and traffic solutions, grew 10%, with organic sales up 8%. Aerospace organic sales grew by a double-digit percentage and its order backlog stayed near $300 million. Protective and marine coatings posted a 14th consecutive quarter of volume growth, and automotive refinish organic sales rose by a mid-single-digit percentage. Traffic solutions declined. (PPG Q3 2026 release, Oct 27, 2026; PPG Form 10-Q, Q3 2026, Oct 28, 2026)

Industrial Coatings, which covers automotive OEM, industrial and packaging coatings, grew 5%, with organic sales up 4% and selling prices up 2%. Packaging coatings organic sales rose by a double-digit percentage on share gains, while automotive OEM coatings organic sales fell by a low single-digit percentage. Segment income fell 14% to $200 million because of cost of goods sold inflation, which PPG said its index-based pricing recovers with a lag. (PPG Q3 2026 release, Oct 27, 2026; PPG Form 10-Q, Q3 2026, Oct 28, 2026)

Global Architectural Coatings sells paint, stains and related products in EMEA, Latin America and Asia Pacific; PPG sold its U.S. and Canada architectural coatings business in 2024. Segment net sales rose 4%, with selling prices up 4% and volumes down 2%. Latin America architectural net sales were $376 million against $331 million, helped by retail sales and project sales in Mexico, while EMEA was $623 million against $626 million. (PPG Q3 2026 release, Oct 27, 2026; PPG Form 10-Q, Q3 2026, Oct 28, 2026; PPG Form 10-K, 2025, Feb 19, 2026)

By region, PPG's Q3 2026 net sales were $1,446 million in the United States and Canada, $1,442 million in EMEA, $846 million in Asia Pacific and $619 million in Latin America. In 2025 about 70% of PPG's net sales were recognized outside the United States. (PPG Form 10-Q, Q3 2026, Oct 28, 2026; PPG Form 10-K, 2025, Feb 19, 2026)

PPG's diluted EPS from continuing operations was $2.12 in Q3 2026, against $1.96, and adjusted EPS was $2.25, up 6% from $2.13. The adjusted figure adds back $0.09 of acquisition-related amortization and $0.05 of business restructuring-related costs, plus a $0.01 net charge for the anticipated resolution of a tax matter, and removes $0.01 each for a gain on the sale of a non-core business and an insurance recovery on legacy asbestos matters. (PPG Q3 2026 release, Oct 27, 2026)

The effective tax rate on continuing operations was 24.2%, against 21.2% a year earlier. Including a $22 million loss from discontinued operations, diluted EPS attributable to PPG was $2.02, against $2.00. (PPG Q3 2026 release, Oct 27, 2026)

Buybacks reduced PPG's share count. Average diluted shares were 223.2 million against 226.5 million, and PPG repurchased about $150 million of stock in the quarter and $320 million in the first nine months of 2026. The year-ago quarter's adjusted EPS excluded $0.03 of impairment and other related charges at a consolidated joint venture in Performance Coatings. (PPG Q3 2026 release, Oct 27, 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.

PPG gives an outlook in its release. For Q4 2026 it expects organic sales growth of a low single-digit percentage and adjusted EBITDA margin flat to up 100 basis points year over year. It narrowed full-year 2026 adjusted EPS guidance to $7.90 to $8.10, with a higher midpoint. (PPG Q3 2026 release, Oct 27, 2026)

By segment, PPG expects fourth-quarter organic sales flat to up a low single-digit percentage in Global Architectural Coatings with EBITDA margin expansion, up a low to mid-single-digit percentage in Performance Coatings with margin expansion, and up or down a low single-digit percentage in Industrial Coatings with EBITDA margin compression from the timing of index-based pricing. (PPG Q3 2026 release, Oct 27, 2026)

A consensus figure is the average of the models published by the analysts who cover PPG Industries, 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 figures below are the ones PPG Industries's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning PPG is on is PPG a buy or a sell?, what analysts expect next is on the PPG forecast, and what the company does is on the PPG Industries (PPG) stock page.

Every number on this page can be traced to a document PPG Industries 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.