--- title: "Armstrong World | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 472 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294046726.md" datetime: "2026-07-28T10:07:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294046726.md) - [en](https://longbridge.com/en/news/294046726.md) - [zh-HK](https://longbridge.com/zh-HK/news/294046726.md) --- # Armstrong World | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 472 M Revenue: As of FY2026 Q2, the actual value is USD 472 M, beating the estimate of USD 461.71 M. EPS: As of FY2026 Q2, the actual value is USD 2.26, beating the estimate of USD 2.1971. EBIT: As of FY2026 Q2, the actual value is USD 134.7 M. ### Second-Quarter 2026 Consolidated Results Net sales for the second quarter of 2026 were $472.0 million, an 11.2% increase compared to $424.6 million in the prior-year quarter, driven by $31 million from higher volumes and $16 million from favorable Average Unit Value (AUV). Operating income increased by 8.6% to $133.8 million in Q2 2026, up from $123.2 million in Q2 2025. The operating income margin was 28.3% in Q2 2026, a decrease of 70 basis points (bps) from 29.0% in Q2 2025. Net earnings for Q2 2026 were $96.7 million, a 10.1% increase from $87.8 million in Q2 2025. Adjusted EBITDA grew by 7.5% to $166 million in Q2 2026, compared to $154 million in Q2 2025. The Adjusted EBITDA margin was 35.2% in Q2 2026, down 110 bps from 36.3% in Q2 2025. Adjusted net earnings increased by 10.3% to $101 million in Q2 2026, from $91 million in Q2 2025. Gross profit was $195.0 million in Q2 2026, compared to $175.8 million in Q2 2025. Selling, general and administrative (SG&A) expenses were $93.7 million in Q2 2026, up from $84.4 million in Q2 2025. Equity earnings from unconsolidated affiliates, net, were - $33.4 million in Q2 2026, compared to - $31.9 million in Q2 2025. The increase in consolidated operating income was primarily due to a $13 million margin benefit from sales volume growth, a $12 million margin benefit from favorable AUV, and a $2 million increase in equity earnings from the Worthington Armstrong Joint Venture (“WAVE”), partially offset by a $9 million increase in SG&A expenses and a $6 million increase in manufacturing costs. ### Second-Quarter 2026 Segment Performance #### Mineral Fiber Net sales increased by 7.9% to $288.2 million in Q2 2026, from $267.0 million in Q2 2025, driven by $16 million of favorable AUV and $5 million of higher volumes. Operating income grew by 7.0% to $105.3 million in Q2 2026, from $98.4 million in Q2 2025. The operating income margin was 36.5% in Q2 2026, down 40 bps from 36.9% in Q2 2025. Adjusted EBITDA increased by 6.8% to $129 million in Q2 2026, from $121 million in Q2 2025. The Adjusted EBITDA margin was 44.7% in Q2 2026, down 50 bps from 45.2% in Q2 2025. #### Architectural Specialties Net sales increased by 16.6% to $183.8 million in Q2 2026, from $157.6 million in Q2 2025, due to a $15 million increase in organic net sales and an $11 million inorganic contribution from acquisitions. Operating income increased by 14.8% to $29.4 million in Q2 2026, from $25.6 million in Q2 2025. The operating income margin was 16.0% in Q2 2026, down 20 bps from 16.2% in Q2 2025. Adjusted EBITDA increased by 10.4% to $37 million in Q2 2026, from $34 million in Q2 2025. The Adjusted EBITDA margin was 20.4% in Q2 2026, down 110 bps from 21.5% in Q2 2025. #### Unallocated Corporate Unallocated Corporate operating loss was - $1 million in both Q2 2026 and Q2 2025. ### Year-to-Date 2026 Cash Flow (Six Months Ended June 30) Net cash provided by operating activities increased by $3 million or 3% to $125.9 million in 2026, compared to $122.6 million in 2025. Net cash used for investing activities increased to - $44.9 million in 2026, compared to $13.2 million provided in 2025, primarily due to cash paid for the acquisition of Eventscape. Net cash used for financing activities was - $114.2 million in 2026, compared to - $134.7 million in 2025. Adjusted Free Cash Flow was $147 million in 2026, compared to $136 million in 2025. ### Share Repurchase Program In the second quarter of 2026, Armstrong World Industries, Inc. repurchased 0.5 million shares of common stock for $75 million at an average price of $163.20 per share. As of June 30, 2026, $398 million remained under the existing share repurchase authorization. On July 21, 2026, the Board of Directors authorized an additional $800 million for the share repurchase program, extending it through December 2029, bringing total authorized repurchases since inception to $2.5 billion. Since inception through June 30, 2026, the company has repurchased 16.2 million shares for a total cost of $1.3 billion, at an average of $80.31 per share. ### 2026 Outlook Armstrong World Industries, Inc. is raising the midpoint of its full-year 2026 guidance across all key metrics. The company anticipates full-year net sales to be between $1,770 million and $1,800 million, representing 9% to 11% growth over 2025, and projects Adjusted EBITDA to be between $605 million and $620 million, indicating 9% to 12% growth. Additionally, Adjusted free cash flow is expected to range from $380 million to $395 million, a 10% to 14% increase, with Mineral Fiber volume projected to be up approximately 1% with AUV growth of approximately 6%, and Organic Architectural Specialties to achieve high-single-digit top-line growth with an Adjusted EBITDA Margin of approximately 20%. ### Related Stocks - [AWI.US](https://longbridge.com/en/quote/AWI.US.md) ## Related News & Research - [Armstrong World Industries (AWI) Is Up 6.2% After Raising 2026 Guidance And Completing Buybacks - Has The Bull Case Changed?](https://longbridge.com/en/news/295304922.md) - [Armstrong supplies custom WOODWORKS ceiling panels for Seattle-Tacoma Airport C Concourse expansion](https://longbridge.com/en/news/295133147.md) - [Armstrong’s Parallel Architectural Products wins Miami-Dade approval for HVHZ cladding boards](https://longbridge.com/en/news/295119681.md) - [GT: Q2 2026 saw lower sales and margins but improved cash flow and premium tire growth](https://longbridge.com/en/news/295022694.md) - [KAYNES: Q1 FY27 revenue up 40% YoY, but net profit fell 32% amid margin and cost pressures](https://longbridge.com/en/news/295255073.md)