Every 10-Q that Ppg Inds Inc (PPG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PPG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PPG filings page.
PPG Industries Inc. reported Q2 2026 net sales of $4,495 million, up 7.2% from $4,195 million a year earlier, driven by higher selling prices, modest volume growth, acquisitions and favorable currency. Income before income taxes was $569 million versus $598 million, with net income attributable to PPG of $437 million versus $450 million. Diluted EPS from continuing operations was $1.96 compared with $1.98.
For the first half of 2026, net sales were $8,425 million, up 6.9%, while net income attributable to PPG was $819 million and diluted EPS from continuing operations was $3.66. Global Architectural Coatings segment income rose to $185 million in Q2, while Performance Coatings and Industrial Coatings delivered segment income of $329 million and $229 million, respectively.
Cash from operating activities for the first six months increased to $592 million, with capital expenditures of $309 million and $145 million used for acquisitions. Long-term debt carrying value was $6,876 million and total PPG shareholders’ equity was $8,443 million as of June 30, 2026.
PPG Industries reported first‑quarter 2026 net sales of $3.93 billion, up 6.7% from $3.68 billion a year earlier, driven mainly by favorable foreign currency translation and higher selling prices. Income before income taxes rose to $517 million from $502 million.
Net income attributable to PPG increased to $382 million from $373 million, with diluted earnings per share from continuing operations up to $1.70 from $1.64. Adjusted diluted EPS was $1.83 versus $1.72, reflecting add‑backs for amortization, restructuring and portfolio items.
Global Architectural Coatings segment income climbed to $155 million, Performance Coatings to $288 million, while Industrial Coatings declined to $193 million on lower index‑based pricing and less favorable mix. Operating cash flow improved to $33 million, as working capital grew more slowly than last year.
PPG ended the quarter with $1.57 billion in cash and cash equivalents and $6.41 billion in long‑term debt, with a Total Indebtedness to Total Capitalization ratio of 45%. Management highlighted cost‑control actions, ongoing restructuring savings and plans for $650–$700 million of 2026 capital spending, as well as up to 20% price increases to offset expected mid‑single‑digit percentage cost inflation tied to Middle East–driven volatility in petrochemical, energy and logistics markets.
PPG Industries filed its Q3 2025 10‑Q, reporting net sales of $4,082 million versus $4,032 million a year ago. Income from continuing operations was $438 million (unchanged diluted EPS at $2.00 vs $2.00). For the first nine months, sales were $11,961 million and diluted EPS was $5.60 compared with $5.93 in 2024.
Operating cash flow from continuing operations reached $1,047 million year‑to‑date, and cash and equivalents were $1,832 million at September 30, 2025. The balance sheet shows total assets of $22,144 million and long‑term debt of $5,904 million.
PPG completed a public offering of €900 million 3.250% notes due 2032 (aggregate cash proceeds $940 million) and repaid €300 million 1.875% notes at maturity. The company amended its $2.3 billion unsecured revolving credit facility, with $2,148 million extended to July 2029 and $152 million through July 2028. Discontinued operations reflect the 2024 sale of the U.S. and Canada architectural coatings business. Shares outstanding were 224.4 million as of September 30, 2025.
Q2-25 snapshot: Net sales slipped 0.9 % YoY to $4.20 bn while cost controls kept gross margin steady. Income from continuing ops decreased 8.8 % to $458 m; diluted EPS $1.98 (-5 %). Six-month sales were $7.88 bn (-2.5 %) with EPS $3.60 (-8.4 %).
Liquidity & leverage: Operating cash flow improved 7 % to $371 m; cash rose to $1.56 bn. New €900 m 3.25 % notes and a €300 m term-loan draw lifted total debt to $7.20 bn, pushing net-debt-to-capital to 48 % yet preserving $2.3 bn of unused revolver capacity.
Capital allocation: YTD buybacks $540 m and dividends $308 m returned $848 m to shareholders. Equity climbed to $7.58 bn aided by $766 m FX-driven AOCI gain.
Portfolio actions: U.S./Canada architectural coatings divestiture (Dec-24) now reflected as discontinued ops; Russian exit closed Q1-25. No goodwill impairments; goodwill up $422 m on currency translation.
Risk items: Revenue softness, higher interest expense ($118 m YTD), incremental environmental charges ($16 m in Q2) and forthcoming OBBBA U.S. tax changes could pressure future earnings.