LP Building Solutions posts record siding sales and flat EBITDA in Q3 2026

Louisiana‑Pacific’s Building Solutions segment reported third‑quarter 2026 net sales of $691 million, driven by a record $473 million in siding sales. Adjusted EBITDA was flat at $82 million and adjusted EPS rose to $0.39 per share. The OSB segment lagged, posting a $24 million adjusted EBITDA loss and only $180 million in net sales, while cash flow from operations improved to $112 million.

The company’s earnings beat on a per‑share basis, but the OSB weakness and modest margin guidance pressured the stock, which fell 2.04% after the release. The strong siding performance and $1 billion liquidity cushion provide financial flexibility for the remainder of the year.

  • 1Net sales for the quarter were $691 million, up $28 million year‑over‑year.
  • 2Siding net sales reached a record $473 million, compared with $443 million in the prior year.
  • 3OSB net sales were $180 million, essentially flat versus $179 million a year earlier.
  • 4Adjusted EBITDA was $82 million, unchanged from the prior year quarter.
  • 5Adjusted earnings per share were $0.39, a $0.02 increase from $0.37 in Q3 2025.
  • 6Operating cash flow was $112 million for the quarter.

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