Weyerhaeuser Q3 2026 Results: Revenues Rise to $1.86B Despite Profit Decline
Rubber and Wood | 2026-11-02 06:31:44
Adjusted EBITDA reached $248 million, marking a 14% increase from $217 million in the third quarter of last year.
By Paul Ploumis
SEATTLE (Scrap Monster): Weyerhaeuser Company reported third-quarter 2026 net earnings of $61 million, or $0.08 per diluted share. The revenues totalled $1.862 billion. Profits declined from $80 million in the corresponding quarter of 2025. However, net sales increased from $1.717 billion, said a news release.
Adjusted EBITDA reached $248 million, marking a 14% increase from $217 million in the third quarter of last year. However, this was lower than the $310 million recorded in the preceding quarter. Operating cash flow stood at $193 million, compared with $210 million a year earlier.
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The company's Wood Products segment generated $1.385 billion in third-quarter sales, up $25 million sequentially. Adjusted EBITDA declined to $91 million, primarily reflecting higher manufacturing expenses, weaker sales realizations for certain products and increased maintenance activity.
Weyerhaeuser also advanced its timberland portfolio optimization strategy. It agreed to sell approximately 81,000 acres of non-core timberlands in Arkansas for $146 million. The transaction is expected to close in Q4, subject to customary closing conditions.
For Q4 2026, management expects earnings before special items and Adjusted EBITDA to remain moderately lower from third-quarter levels, excluding changes in lumber and oriented strand board realizations. The company expects slightly lower lumber sales volume.
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What was Weyerhaeuser's Adjusted EBITDA in Q3 2026?
Frequently Asked Questions
- How did Weyerhaeuser perform financially in the third quarter of 2026?
Weyerhaeuser reported net earnings of $61 million, or $0.08 per diluted share, on revenues of $1.862 billion. Earnings declined from $80 million in Q3 2025, although net sales increased from $1.717 billion.
- What factors affected Weyerhaeuser's Wood Products segment?
The Wood Products segment generated $1.385 billion in third-quarter sales, up $25 million sequentially. However, Adjusted EBITDA declined to $91 million due to higher manufacturing expenses, weaker sales realizations for certain products and increased maintenance activity.
- What are Weyerhaeuser's latest timberland transaction and Q4 outlook?
The company agreed to sell approximately 81,000 acres of non-core timberlands in Arkansas for $146 million, with closing expected in Q4 2026. Management anticipates moderately lower earnings before special items and Adjusted EBITDA in the fourth quarter, excluding changes in lumber and oriented strand board realizations. Slightly lower lumber sales volumes are also expected.