PPG Industries Quarterly Income Statement
NYSE: PPGConsumer DiscretionaryPaints/CoatingsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PPG Industries revenue and earnings
In the quarter ended Mar 31, 2026, PPG Industries generated $3.93 billion in revenue, up 6.7% from the same quarter a year earlier. Net income was $382.0 million (+2.4% year over year), for a net margin of 9.7% versus a median of 10.1% in the prior 5 quarters. Gross margin was 42.1% (up from 41.9%) and operating margin 16.2%.
Diluted earnings per share came in at $1.70, up from $1.63.
Summary generated from market data by MetaCap's automated system. Methodology
PPG Industries income statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q1 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.93B | 3.91B | 4.08B | 4.20B | 3.68B | 3.73B | 4.03B | 4.24B | 3.85B | 2.35B | 4.64B | 4.87B |
| Revenue growth (YoY) | +6.68% | +4.96% | +1.24% | -0.94% | -4.29% | +58.95% | -13.18% | -13.07% | -12.12% | +9.27% | +3.94% | +3.86% |
| Cost of Revenue | 2.27B | 2.32B | 2.43B | 2.43B | 2.14B | 2.22B | 2.38B | 2.45B | 2.21B | 1.46B | 2.75B | 2.87B |
| Gross Profit | 1.66B | 1.60B | 1.66B | 1.76B | 1.54B | 1.51B | 1.65B | 1.78B | 1.64B | 882.00M | 1.89B | 2.01B |
| Operating Expenses | 1.02B | — | 967.00M | 1.02B | 935.00M | — | 962.00M | 989.00M | 978.00M | 327.00M | 1.19B | 1.22B |
| Research & Development | 113.00M | 109.00M | 106.00M | 106.00M | 102.00M | 106.00M | 102.00M | 108.00M | 107.00M | 102.00M | 108.00M | 110.00M |
| Selling, General & Admin | 885.00M | 905.00M | 824.00M | 872.00M | 838.00M | 835.00M | 848.00M | 858.00M | 850.00M | 293.00M | 1.05B | 1.07B |
| Operating Income | 636.00M | — | 689.00M | 743.00M | 607.00M | — | 689.00M | 796.00M | 666.00M | 555.00M | 698.00M | 787.00M |
| Interest Expense | 61.00M | — | 65.00M | 62.00M | 56.00M | — | 67.00M | 62.00M | 55.00M | 57.00M | 64.00M | 67.00M |
| Pretax Income | 517.00M | 389.00M | 556.00M | 598.00M | 502.00M | 81.00M | 578.00M | 651.00M | 542.00M | 134.00M | 557.00M | 646.00M |
| Income Tax | 132.00M | 78.00M | 118.00M | 140.00M | 122.00M | 70.00M | 128.00M | 149.00M | 128.00M | 78.00M | 121.00M | 149.00M |
| Net Income | 382.00M | 300.00M | 453.00M | 450.00M | 373.00M | -280.00M | 468.00M | 528.00M | 400.00M | 90.00M | 426.00M | 490.00M |
| Net Income growth (YoY) | +2.41% | — | -3.21% | -14.77% | -6.75% | -411.11% | +9.86% | +7.76% | +51.52% | -62.18% | +29.48% | +11.11% |
| EPS (Basic) | 1.71 | 1.34 | 2.01 | 1.98 | 1.63 | -1.19 | 2.01 | 2.25 | 1.70 | 0.38 | 1.80 | 2.08 |
| EPS (Diluted) | 1.70 | 1.33 | 2.00 | 1.98 | 1.63 | -1.18 | 2.00 | 2.24 | 1.69 | 0.39 | 1.79 | 2.06 |
| Shares Outstanding (Basic) | 223.70M | — | 225.70M | 226.80M | 228.00M | — | 233.30M | 234.50M | 235.60M | — | 236.20M | 236.00M |
| Shares Outstanding (Diluted) | 224.40M | — | 226.50M | 227.70M | 228.90M | — | 234.30M | 235.70M | 236.90M | — | 237.50M | 237.30M |
| EBITDA | 768.00M | — | 827.00M | 878.00M | 728.00M | — | 808.00M | 920.00M | 796.00M | 661.00M | 840.00M | 920.00M |
| Gross Margin | 42.11% | 40.83% | 40.57% | 42.03% | 41.86% | 40.57% | 40.95% | 42.15% | 42.71% | 37.60% | 40.74% | 41.17% |
| Operating Margin | 16.18% | — | 16.88% | 17.71% | 16.48% | — | 17.09% | 18.80% | 17.30% | 23.66% | 15.03% | 16.15% |
| Net Margin | 9.72% | 7.66% | 11.10% | 10.73% | 10.12% | -7.51% | 11.61% | 12.47% | 10.39% | 3.84% | 9.17% | 10.06% |
This table shows 12 quarterly periods of PPG Industries's income statement, from Q1 2026 back to Q1 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PPG's reporting calendar. What is a income statement?