--- title: "PPG | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 4.195 B" type: "news" locale: "en" url: "https://longbridge.com/en/news/250849745.md" published_at: "2025-07-30T19:30:07.000Z" --- # PPG | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 4.195 B Revenue: As of FY2025 Q2, the actual value is USD 4.195 B, beating the estimate of USD 4.158 B. EPS: As of FY2025 Q2, the actual value is USD 1.98, missing the estimate of USD 2.1704. EBIT: As of FY2025 Q2, the actual value is USD 598 M. ### Global Architectural Coatings - **Net Sales**: $1,018 million for Q2 2025, a decrease of 4.9% from $1,070 million in Q2 2024. For the first half of 2025, net sales were $1,875 million, down 7.9% from $2,036 million in the same period of 2024. - **Segment Income**: $160 million for Q2 2025, a decrease of 24.2% from $211 million in Q2 2024. For the first half of 2025, segment income was $278 million, down 26.3% from $377 million in the same period of 2024. - **Depreciation and Amortization**: $27 million for Q2 2025, up 3.8% from $26 million in Q2 2024. For the first half of 2025, it was $53 million, up 1.9% from $52 million in the same period of 2024. ### Performance Coatings - **Net Sales**: $1,512 million for Q2 2025, an increase of 6.6% from $1,418 million in Q2 2024. For the first half of 2025, net sales were $2,777 million, up 6.7% from $2,602 million in the same period of 2024. - **Segment Income**: $356 million for Q2 2025, an increase of 9.2% from $326 million in Q2 2024. For the first half of 2025, segment income was $630 million, up 9.2% from $577 million in the same period of 2024. - **Depreciation and Amortization**: $33 million for Q2 2025, down 2.9% from $34 million in Q2 2024. For the first half of 2025, it was $66 million, down 2.9% from $68 million in the same period of 2024. ### Industrial Coatings - **Net Sales**: $1,665 million for Q2 2025, a decrease of 4.7% from $1,747 million in Q2 2024. For the first half of 2025, net sales were $3,227 million, down 6.4% from $3,446 million in the same period of 2024. - **Segment Income**: $227 million for Q2 2025, a decrease of 12.4% from $259 million in Q2 2024. For the first half of 2025, segment income was $442 million, down 13.0% from $508 million in the same period of 2024. - **Depreciation and Amortization**: $49 million for Q2 2025, down 7.5% from $53 million in Q2 2024. For the first half of 2025, it was $96 million, down 8.6% from $105 million in the same period of 2024. ### Outlook - **Global Architectural Coatings**: Anticipates continued recovery of project-related spending in Mexico and soft consumer sentiment in Europe. Quarterly aggregate organic sales are expected to range from a low single-digit percentage decrease to flat compared to Q3 2024. - **Performance Coatings**: Continued strength is anticipated in aerospace coatings and protective and marine coatings. Automotive refinish coatings are expected to see lower organic sales due to customer order patterns and weak industry collision claims. Traffic solutions are expected to benefit from increased U.S. infrastructure spending. - **Industrial Coatings**: Global industrial production is expected to remain flat, with share gains in packaging, industrial, and automotive OEM yielding benefits. Aggregate organic sales are anticipated to range from flat to a low single-digit percentage increase compared to Q3 2024. ### Related Stocks - [PPG.US - PPG](https://longbridge.com/en/quote/PPG.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | New Buy Rating for PPG Industries (PPG), the Basic Materials Giant | Bernstein analyst Peter Clark has reiterated a Buy rating on PPG Industries (PPG) with a price target of $166.00. Clark, | [Link](https://longbridge.com/en/news/276036345.md) | | PPG Industries CFO Vincent J. Morales Reports Disposal of Common Shares | Vincent J. Morales, CFO of PPG Industries Inc., reported the disposal of common shares of the company. The full filing i | [Link](https://longbridge.com/en/news/275025147.md) | | ZAWYA-PRESSR: PPG partners with Dubai’s Jebel Ali Free Zone on tree-planting initiative | PPG has partnered with Dubai’s Jebel Ali Free Zone (JAFZA) for a tree-planting initiative, investing $5 million in envir | [Link](https://longbridge.com/en/news/274405931.md) | | PPG Q4 revenue beats estimates on organic sales growth | PPG Industries reported a 5% increase in Q4 revenue, surpassing analyst expectations, although adjusted EPS fell short. | [Link](https://longbridge.com/en/news/273891785.md) | | PPG Named Sole Supplier of Coatings for Quality Collision Group Repair Centers | PPG Industries Inc. has been named the sole supplier of automotive refinish coatings for Quality Collision Group, which | [Link](https://longbridge.com/en/news/273747059.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.