Whirlpool Corporation Announces Third-Quarter Results
Key Highlights
- ➤Q3 net sales $3.677B, down 8.8% year-over-year
- ➤Q3 GAAP diluted loss $(3.80), versus $1.29 earnings previously
- ➤2026 ongoing EPS outlook $(1.30); GAAP EPS outlook $(4.95)
- ➤2026 free cash flow outlook approximately $300M; net debt below $4.5B
- ➤Q4 price increases: 7% in North America, up to 10% in Latin America
Expert Statements
Marc Bitzer, Chairman and Chief Executive Officer of Whirlpool Corporation
“Our structural cost take out and pricing realization drove consecutive margin progress through Q3. While the pace of recovery is slower than expected, these actions are setting a clear path for further improvements in 2027.”
Roxanne Warner, Chief Financial Officer of Whirlpool Corporation
“Through disciplined working capital management, we are protecting our year end free cash flow and our balance sheet resilience to navigate challenging market conditions. As a result, we now expect net debt below $4.5B at the end of 2026 and have preserved a clear debt maturity ladder until 2028.”
Whirlpool Corporation Announces Third-Quarter Results PR Newswire
* Executed price increases and structural cost actions, delivering sequential operational progress in Q3 against a tough macroeconomic backdrop * Announced Q4 price increases in MDA North America and Latin America * Q3 GAAP net earnings (loss) margin of (6.8)%; GAAP earnings (loss) per diluted share of $(3.80) * Q3 ongoing (non-GAAP) EBIT margin((2)) of 2.6%; ongoing earnings (loss) per diluted share((3)) of $(0.21) * 2026 updated EPS outlook includes full-year GAAP earnings (loss) per diluted share of $(4.95), and ongoing earnings (loss) per diluted share((3))of $(1.30) * 2026 updated cash flow outlook includes cash provided by operating activities of approximately $700 million and free cash flow((4)) of approximately $300 million * Maintained strict working capital management, prioritizing balance sheet strength and positioning us well to deliver our full year free cash flow target * Net debt expectations improved from under $5 billion to under $4.5 billion by year end BENTON HARBOR, Mich., Oct. 26, 2026 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) today reported third-quarter financial results.
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