01—Abstract
Summary
Summary of the 8-K filed April 15, 2026. Cited figures are marked; the original filing is the authoritative source.
PPG Industries, Inc. (NYSE: PPG) furnished an earnings press release under Item 2.02 reporting first quarter 2026 results.
The company reported first quarter 2026 earnings per diluted share of $1.70a and adjusted earnings per diluted share of $1.83, which the release describes as an increase of 6% over the first quarter 2025. Management stated it delivered its fifth consecutive quarter of organic sales growth, with positive selling prices and flat sales volumes, and said strength in architectural coatings Latin America and aerospace, along with self-help actions, drove segment EBITDA margin above original expectations. For the second quarter of 2026, the company indicated it expects both organic sales and adjusted earnings per share to be in the range of flat to low single-digit percentage growth versus the respective prior year period.
The release states PPG expects first quarter 2026 results to exceed previous guidance. Detailed first quarter 2026 financial results are scheduled for release on April 28, 2026, after U.S. stock markets close, with an earnings teleconference on April 29, 2026 at 8 a.m. ET, where the company plans to provide more comprehensive updates and financial projections.
02—Key points
Key Highlights
- First quarter 2026 EPS of $1.70 and adjusted EPS of $1.83, with adjusted EPS up 6% over the first quarter 2025 as stated in the release.
- Fifth consecutive quarter of organic sales growth, with positive selling prices and flat sales volumes.
- Strong performance in architectural coatings Latin America and aerospace, plus self-help actions, drove segment EBITDA margin above original expectations.
- Second quarter 2026 outlook: organic sales and adjusted EPS expected flat to low single-digit percentage growth versus the prior year period.
- Company expects first quarter 2026 financial results to exceed previous guidance.
- Adjusted EPS reconciliation includes acquisition-related amortization of $0.09 per share and business restructuring-related costs of $0.02 per share in Q1 2026.
- Detailed first quarter results due April 28, 2026, with an earnings teleconference on April 29, 2026 at 8 a.m. ET.
03—Questions
Frequently Asked Questions
How did PPG perform in the first quarter of 2026?
PPG reported first quarter 2026 earnings per diluted share of $1.70 and adjusted earnings per diluted share of $1.83. The release states adjusted EPS increased 6% over the first quarter 2025, and the company describes the quarter as its fifth consecutive quarter of organic sales growth.
What is PPG's outlook for the second quarter of 2026?
PPG expects both second quarter organic sales and adjusted earnings per share to be in the range of flat to low single-digit percentage growth versus the respective prior year period.
What drove results above expectations?
According to CEO Tim Knavish, strong performance in the differentiated architectural coatings Latin America and aerospace businesses, along with the execution of self-help actions, drove segment EBITDA margin above the company's original expectations.
When will PPG provide detailed first quarter 2026 results?
PPG will announce detailed first quarter 2026 financial results on April 28, 2026, after U.S. stock markets close, and plans to hold an earnings teleconference on April 29, 2026 at 8 a.m. ET.
What adjustments are included in the adjusted EPS figure?
The reconciliation adjusts reported EPS of $1.70 for acquisition-related amortization expense ($0.09), business restructuring-related costs, net ($0.02), and portfolio optimization ($0.02). Adjusted EPS is $1.83.
04—Continue