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PPG reported $4.4 billion in third-quarter 2026 net sales, up 7% from a year earlier, and net income of $473 million, also up 7%. Adjusted EPS rose 6% to $2.25, while the company raised the midpoint of its full-year EPS guidance to a range of $7.90 to $8.10.
PPG reported $4.4 billion in net sales for the third quarter of 2026, a 7% increase from the same quarter last year, alongside higher net income and adjusted earnings per share. The coatings company also raised the midpoint of its full-year EPS guidance, while forecasting low-single-digit organic sales growth in the fourth quarter.
Net income was $473 million, up 7% year over year. PPG reported record third-quarter diluted EPS of $2.12 and adjusted EPS of $2.25, which was 6% above the year-earlier figure. The company’s adjusted EBITDA margin was 18.2%, according to the results summarized by Hardware Retailing.
PPG said organic sales grew 5% during the quarter, marking its seventh consecutive quarter of organic growth. Chief Executive Tim Knavish said the company’s teams outpaced the industry by 300 basis points. That comparison and the growth figures are company-reported; the source report does not provide the underlying industry data or a detailed breakdown by business.
For the fourth quarter, PPG expects low-single-digit organic sales growth and an adjusted EBITDA margin ranging from flat to 100 basis points higher year over year. The company updated its full-year EPS guidance to $7.90 to $8.10, with a higher midpoint than its prior outlook. The source report does not state the earlier guidance range.
Higher Earnings and Guidance
The results show that PPG recorded growth across its reported sales, net income and adjusted earnings measures, while also lifting the midpoint of its full-year EPS outlook. For investors, the guidance update provides the company’s latest view of earnings for 2026; the fourth-quarter forecast offers a nearer-term indicator of expected sales growth and margins.
PPG’s comments also point to pricing and product mix as factors in the quarter. Knavish said commercial actions offset cost-of-goods-sold inflation and highlighted aerospace and architectural coatings in Latin America as areas with strong results. Those statements describe management’s account of the drivers; the source does not quantify each business’s contribution or specify the size of the inflationary pressure.
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How PPG Framed the Quarter
The results were published on October 28, 2026, in a report by Hardware Retailing. Its summary describes PPG’s performance against the third quarter of 2025 and includes the company’s outlook for the next quarter and full year. The figures are presented as company results, with no additional financial statements or segment-level tables included in the supplied material.
PPG operates in coatings markets that include aerospace and architectural products, which Knavish cited among the quarter’s sources of strength. The company said its organic sales growth continued for a seventh consecutive quarter and that commercial actions addressed inflation. The report does not give product-level sales, regional comparisons beyond the cited Latin America business, or a reconciliation of reported sales growth with organic growth.
Details Behind the Forecast
The supplied report does not include PPG’s full earnings release, detailed segment results, cash-flow data or the prior full-year EPS guidance range. It is therefore not possible from this material to assess which businesses contributed most to the overall sales and earnings gains, or how much the guidance midpoint changed.
PPG’s industry outperformance, inflation offset and business-level results are presented through management’s statements. The source gives no independent industry benchmark, detailed pricing data or segment figures to verify those explanations. The company’s fourth-quarter outlook is a forecast, not a reported result, and actual performance may differ.
Fourth-Quarter Results Ahead
The next reported milestone is PPG’s fourth-quarter 2026 results, against which investors can compare the company’s low-single-digit organic sales growth forecast and margin range of flat to 100 basis points higher year over year. The supplied material does not provide a date for that earnings release.
PPG’s full-year EPS guidance range is now $7.90 to $8.10. Further detail on the company’s segment performance, cost pressures and the basis for its industry comparison would help clarify how the third-quarter gains were produced and whether management’s outlook is on track.
Key Questions
How much did PPG’s sales increase in Q3 2026?
PPG reported $4.4 billion in net sales, up 7% year over year from the third quarter of 2025.
PPG reported diluted EPS of $2.12 and adjusted EPS of $2.25. The company said adjusted EPS increased 6% from a year earlier.
What is PPG’s updated full-year EPS guidance?
PPG updated its 2026 EPS guidance to $7.90 to $8.10, with a higher midpoint. The source report does not give the prior range.
What does PPG expect in the fourth quarter?
The company expects low-single-digit organic sales growth and an adjusted EBITDA margin from flat to 100 basis points higher year over year. These are forecasts, not reported results.
Source: hardwareretailing.com
