Silgan Holdings (SLGN) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Silgan published the results on October 29, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Silgan 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.

• Silgan's third quarter is seasonally its largest because of the fruit and vegetable pack, so Q3 sales are well above the other quarters in the history table.
• On October 19, 2026, after the quarter ended, Silgan announced agreements to contribute its Metal Containers segment and food and beverage flat cap closures business to a new partnership, Silgan MCC, with American Industrial Partners, which would acquire Trivium Packaging. Silgan would own 60%. The deal is expected to close mid-2027 and does not affect these results.

Source: Silgan Q3 2026 results, October 29, 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 Silgan 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.

• Silgan's Dispensing and Specialty Closures revenue was $699 million in Q3 2026, up 1% from $690 million in Q3 2025, 34% of total revenue.
• Silgan's Metal Containers revenue was $1.2 billion in Q3 2026, up 1% from $1.2 billion in Q3 2025, 58% of total revenue.
• Silgan's Custom Containers revenue was $167 million in Q3 2026, up 4% from $160 million in Q3 2025, 8% 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, Silgan said:

“The Company revised its estimate of adjusted net income per diluted share for the full year of 2026 from a range of $3.73 to $3.93 to a range of $3.83 to $3.93, a 4% increase at the midpoint of the range over adjusted net income per diluted share of $3.72 in 2025.”

“Adjusted EBIT in 2026 is expected to be higher than 2025 levels in all segments.”

“The Company confirmed its estimate of free cash flow in 2026 of approximately $450 million as compared to $445.2 million in 2025.”

“For the fourth quarter of 2026, the Company provided an estimate of adjusted net income per diluted share in the range of $0.76 to $0.86, a 21% increase at the midpoint of the range over adjusted net income per diluted share of $0.67 in the fourth quarter of 2025.”

Source: Silgan Q3 2026 release, Oct 29, 2026.

This is the company's own guidance as of Oct 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the SLGN forecast page.

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

GAAP net sales and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Silgan's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

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 29, 2026

Silgan had net sales of $2,040.2 million in Q3 2026, up $31.5 million, or 2%, from $2,008.7 million. Metal Containers is the largest segment at $1,174.2 million, followed by Dispensing and Specialty Closures at $699.2 million and Custom Containers at $166.8 million. Silgan says the increase came mainly from the contractual pass through of higher raw material costs. (Silgan Q3 2026 release, Oct 29, 2026)

Silgan's Metal Containers sales rose 1% on price/mix, while metal container volume was 4% below a year earlier: soup volumes fell, partly offset by fruit and vegetable and pet food. Third quarters are Silgan's biggest because of the fruit and vegetable harvest, and the 10-K says Silgan has historically generated a disproportionate amount of its annual income from operations in that quarter. (Silgan Q3 2026 release, Oct 29, 2026; Silgan Form 10-K, 2025, Feb 26, 2026)

Silgan's Dispensing and Specialty Closures sales rose 1%, with 3% from passing through higher raw material and other costs, offset by 1% of less favorable mix and currency. Unit volumes were comparable to a year earlier: dispensing products for fragrance markets grew by a mid-single-digit rate and prescription pharma dispensing products in North America by double digits, offset by softer food and beverage closures in Europe and North America. (Silgan Q3 2026 release, Oct 29, 2026)

Silgan's Custom Containers sales rose 4% on price/mix even though volumes fell 8%, about 3% of which came from exiting lower margin business in 2025 under footprint optimization plans. (Silgan Q3 2026 release, Oct 29, 2026)

Silgan's sales are concentrated and mostly contracted. Its two largest customers, Nestlé S.A. and Campbell Soup Company, accounted for approximately 20.4 percent of 2025 net sales, and Silgan estimates that approximately 90 percent of its projected 2026 metal container sales will be under multi-year customer supply arrangements. (Silgan Form 10-K, 2025, Feb 26, 2026)

Silgan's GAAP diluted EPS was $0.99 in Q3 2026, against $1.06, and adjusted EPS was $1.31, against $1.22. The $0.32 per share of adjustments covers acquired intangible asset amortization ($15.9 million pre-tax), rationalization charges ($17.1 million, up from $7.2 million) and $10.3 million of costs attributed to announced acquisitions, net of $9.1 million of tax. (Silgan Q3 2026 release, Oct 29, 2026)

Silgan's EBIT fell to $191.7 million from $198.7 million, while total adjusted EBIT rose to $235.0 million from $221.4 million. Metal Containers adjusted EBIT rose 10% to $105.2 million on more favorable price/cost, Dispensing and Specialty Closures adjusted EBIT fell 2% to $111.2 million because of delayed pass through of manufacturing cost inflation, and Custom Containers rose to $23.7 million. (Silgan Q3 2026 release, Oct 29, 2026)

Silgan's interest and other debt expense fell to $47.3 million from $50.0 million on lower average borrowings. The effective tax rate rose to 27.9% from 24.3% (adjusted 26.4% against 24.2%). Diluted shares were 105.9 million against 106.8 million; Silgan bought back no shares in the first nine months of 2026, after $59.3 million a year earlier, and raised the quarterly dividend to $0.21 from $0.20. (Silgan Q3 2026 release, Oct 29, 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.

Silgan publishes its own adjusted EPS outlook every quarter. It raised the bottom of its 2026 range, from $3.73 to $3.93 to $3.83 to $3.93, against $3.72 in 2025, and guided Q4 2026 adjusted EPS of $0.76 to $0.86, against $0.67 a year earlier. It confirmed 2026 free cash flow of approximately $450 million and capital expenditures of approximately $310 million. (Silgan Q3 2026 release, Oct 29, 2026)

On a GAAP basis Silgan's estimate for full-year 2026 diluted EPS is $2.89 to $2.99, with adjustments of $0.94 per share, mostly acquired intangible amortization and rationalization charges plus $17.8 million of acquisition costs. (Silgan Q3 2026 release, Oct 29, 2026)

A consensus figure is the average of the models published by the analysts who cover Silgan, 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 Silgan'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 SLGN is on is SLGN a buy or a sell?, what analysts expect next is on the SLGN forecast, and what the company does is on the Silgan Holdings (SLGN) stock page.

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