Masco Corporation Revenue Jumps 6.5% to $1.92B in Q1 2026

Masco Corporation (NYSE: MAS), a building products manufacturer, reported net sales of $1.92 billion for the three months ending March 31, 2026, a 6.5% increase from $1.80 billion in the first quarter of 2025. Read more earnings reports.

Net income for the quarter reached $213 million, up 14.5% from $186 million in the same period last year. Diluted earnings per share climbed to $1.05 from $0.87, benefiting partly from a reduced share count — weighted average diluted shares outstanding declined to 204 million from 213 million.

Operating income increased to $316 million from $286 million in the prior-year quarter, while gross profit expanded to $686 million from $644 million. The company's gross margin widened slightly to 35.8% from 35.7%.

Cost of goods sold rose to $1.23 billion from $1.16 billion. Operating expenses totaled $443 million in the current quarter, down from $461 million a year earlier. Selling, general and administrative expenses edged up to $369 million from $358 million.

Segment Performance

The Plumbing Products segment generated $1.36 billion in revenue, compared to $1.25 billion in the first quarter of 2025. The Decorative Architectural Products segment posted $554 million in net sales, essentially flat with $556 million in the prior-year period.

Cash Flow and Balance Sheet

Cash from operations was negative $79 million for the quarter, an improvement from negative $158 million in the first quarter of 2025. The company used $36 million in investing activities and $137 million in financing activities.

Cash and cash equivalents stood at $388 million as of March 31, 2026, down from $647 million at year-end 2025. Total assets increased marginally to $5.23 billion from $5.20 billion at the end of 2025.

Total liabilities rose to $5.21 billion from $5.13 billion, while stockholders' equity remained negative at $242 million, compared to a deficit of $185 million at December 31, 2025. Long-term debt held steady at $2.95 billion.

Inventory increased to $1.07 billion from $1.05 billion at year-end, while accounts payable rose to $894 million from $810 million. The company had 201.7 million common shares outstanding as of the end of the quarter, down from 204.3 million shares three months earlier.