PPG reports Q1 2026 earnings exceed guidance with 6% growth

PPG Industries (NYSE: PPG) reported first quarter 2026 earnings per diluted share of $1.70 and adjusted earnings per share of $1.83, representing a 6% increase compared to the first quarter of 2025, according to a company statement.

The Pittsburgh-based coatings company achieved its fifth consecutive quarter of organic sales growth, driven by positive selling prices and flat sales volumes. Chief Executive Officer Tim Knavish cited strong performance in the company's architectural coatings Latin America and aerospace businesses as key contributors to segment EBITDA margins exceeding original expectations.

PPG expects second quarter organic sales and adjusted earnings per share to show flat to low single-digit percentage growth compared to the prior year period. The company will provide detailed first quarter 2026 financial results on April 28, 2026, after U.S. stock markets close, followed by an earnings teleconference on April 29, 2026 at 8 a.m. ET.

The adjusted earnings per share figure excludes acquisition-related amortization expense of $0.09, business restructuring costs of $0.02, and portfolio optimization charges of $0.02. PPG reported net sales of $15.9 billion in 2025 and operates in more than 50 countries, serving construction, consumer products, industrial and transportation markets.

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