Weyerhaeuser Company (WY) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and Weyerhaeuser 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. Weyerhaeuser reports EPS two ways: GAAP, under the accounting rules every US filer follows, and before special items, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Weyerhaeuser is a REIT. The revenue line here is the one it calls net sales. It does not report FFO; its cash measure is Adjusted Funds Available for Distribution (Adjusted FAD).
• Timberlands segment sales include $153 million of intersegment sales (logs sold to Wood Products), so the eliminations row brings the segment rows back to consolidated net sales.
• Effective Q1 2026 the segment formerly called Real Estate, Energy & Natural Resources was renamed Strategic Land Solutions, with business lines Real Estate, Natural Resources and Climate Solutions; 2025 figures were adjusted to match.

Source: Weyerhaeuser 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 Weyerhaeuser 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.

• Weyerhaeuser's Timberlands revenue was $531 million in Q3 2026, down 1% from $536 million in Q3 2025, 29% of total revenue.
• Weyerhaeuser's Strategic Land Solutions revenue was $99.0 million in Q3 2026, down 4% from $103 million in Q3 2025, 5% of total revenue.
• Weyerhaeuser's Wood Products revenue was $1.4 billion in Q3 2026, up 13% from $1.2 billion in Q3 2025, 74% 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

Weyerhaeuser gives its outlook segment by segment. The first quote is for Timberlands, the second and third for Strategic Land Solutions, and the fourth for Wood Products.

In its Q3 2026 release, Weyerhaeuser said:

“Weyerhaeuser anticipates fourth quarter earnings before special items and Adjusted EBITDA will be comparable to the third quarter.”

“Weyerhaeuser anticipates fourth quarter earnings before special items will be approximately $35 million lower than the third quarter and Adjusted EBITDA will be approximately $45 million lower than the third quarter due to the timing and mix of Real Estate sales.”

“The company continues to expect full year 2026 Adjusted EBITDA to be approximately $450 million, a $25 million increase from the initial outlook, and basis as a percentage of Strategic Land Solutions sales to be 15 to 20 percent for the full year.”

“Weyerhaeuser anticipates fourth quarter earnings before special items and Adjusted EBITDA will be moderately lower than the third quarter, excluding the effect of changes in average sales realizations for lumber and oriented strand board.”

Source: Weyerhaeuser 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 WY forecast page.

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

Net sales and GAAP net earnings per diluted share, each as first reported in that quarter's release.

Weyerhaeuser's next report is expected around January 28, 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 29, 2026

Weyerhaeuser's net sales were $1,862 million in Q3 2026, up from $1,717 million a year earlier. Wood Products is the largest segment at $1,385 million, against $1,228 million in Q3 2025. Timberlands had total net sales of $531 million, but $153 million of that was intersegment sales, mostly logs sold to Weyerhaeuser's own mills; sales to unaffiliated customers were $378 million. Strategic Land Solutions, which sells real estate and natural resource rights and runs climate solutions, had $99 million. (Weyerhaeuser Q3 2026 analyst package, Oct 29, 2026)

Lumber drove the Wood Products increase. Structural lumber third-party net sales were $629 million, against $509 million a year earlier, as the average third-party sales realization rose to $510 from $405 while sales volumes slipped to 1,233 from 1,259 (in millions of board feet). Oriented strand board net sales were $172 million at a realization of $237, and engineered solid section net sales were $171 million. (Weyerhaeuser Q3 2026 analyst package, Oct 29, 2026)

Weyerhaeuser owns or controls more than 10 million acres of U.S. timberlands, including 2.5 million acres in Oregon and Washington and 6.7 million acres in the South. In Q3 2026, delivered log sales were $160 million in the West and $163 million in the South. Western log realizations averaged $118.52 per ton, against $110.68 a year earlier, while southern realizations averaged $37.67. (Weyerhaeuser Form 10-K, 2025, Feb 13, 2026; Weyerhaeuser Q3 2026 analyst package, Oct 29, 2026)

Strategic Land Solutions sales fell to $99 million from $103 million. Real Estate sales were $51 million on 12,827 acres sold at an average $3,945 per acre, against $5,128 per acre a year earlier, while Climate Solutions sales rose to $21 million from $11 million. Weyerhaeuser said year-to-date it monetized approximately 340,000 forest carbon credits. (Weyerhaeuser Q3 2026 analyst package, Oct 29, 2026; Weyerhaeuser Q3 2026 release, Oct 29, 2026)

Weyerhaeuser earned $61 million, or $0.08 per diluted share, in Q3 2026, against $80 million, or $0.11, a year earlier. There were no special items this quarter, so earnings before special items were also $0.08. A year earlier, before special items, the figure was $0.06, because Q3 2025 GAAP earnings included a gain on the sale of the Princeton lumber mill and an insurance recovery worth $0.03 and $0.02 per share. (Weyerhaeuser Q3 2026 release, Oct 29, 2026)

Pre-tax earnings were only $25 million in the quarter; an income tax benefit of $36 million lifted net earnings to $61 million. As a REIT, Weyerhaeuser generally pays no federal corporate income tax on REIT taxable income it distributes, and taxes fall mainly on its taxable REIT subsidiaries, which include the Wood Products business. (Weyerhaeuser Q3 2026 analyst package, Oct 29, 2026; Weyerhaeuser Form 10-Q, Q3 2026, Oct 30, 2026)

Weyerhaeuser's diluted share count was 721,464 thousand, against 722,012 thousand a year earlier. It repurchased $10 million of common shares in the quarter and paid $151 million of dividends, or $0.21 per share. (Weyerhaeuser Q3 2026 analyst package, 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.

Weyerhaeuser gives its outlook in the release, segment by segment and in qualitative terms, with no consolidated revenue or EPS guidance. For Q4 2026 it expects Timberlands earnings and Adjusted EBITDA comparable to Q3, Strategic Land Solutions Adjusted EBITDA about $45 million lower than Q3, and Wood Products moderately lower before changes in lumber and OSB prices. It still expects full-year Strategic Land Solutions Adjusted EBITDA of approximately $450 million. (Weyerhaeuser Q3 2026 release, Oct 29, 2026)

In October Weyerhaeuser agreed to sell approximately 81,000 acres of non-core timberlands in Arkansas for $146 million, with closing expected in the fourth quarter. (Weyerhaeuser Q3 2026 release, Oct 29, 2026)

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

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