Q2 FY2026 EarningsQ2 FY26 results presented a slight top-line beat but a bottom-line miss relative to consensus. Revenue of $4,495M exceeded the $4,364M expected (+3.00%), driven by organic volume growth in Industrial Coatings and strong pricing power. However, Adjusted EPS of $2.23 missed the consensus mean of $2.25, as raw material and overhead inflation offset productivity gains. While Industrial and Architectural segments showed resilience, Performance Coatings saw segment income decline 8% YoY due to a double-digit volume drop in automotive refinish.