• Q2 FY26 Net Sales of $1.3 Billion, Up +34% with Organic Net Sales Down (1%)
• Siding & Trim Net Sales Up +10% with Organic Net Sales Down Low-Single-Digits
• Deck, Rail & Accessories Net Sales & Sell-Through Remain Healthy, Up Mid-Single-Digits
• Integration & Cost Synergies On-Track, with Commercial Synergy Wins Materializing

James Hardie Industries plc reported results for its second quarter ending September 30, 2025. Q2 FY26 net sales were $1.3 billion, up 34% driven by the AZEK acquisition, while organic net sales declined 1%. Siding & Trim net sales increased 10%, but organic net sales declined low-single-digits due to softer market demand, particularly in the South. Deck, Rail & Accessories net sales and sell-through remained healthy, up mid-single-digits. The company is making progress on integration and cost synergies, and is seeing commercial synergy wins across the value chain. For the full year, the company raised its guidance for Siding & Trim net sales to $2.925-$2.995 billion and total Adjusted EBITDA to $1.20-$1.25 billion. The company continues to invest across the business to capitalize on the material conversion opportunity and drive growth.

• Net Sales for Siding & Trim: $2.925 to $2.995 billion (prev. $2.675 to $2.850 billion)
• Net Sales for Deck, Rail & Accessories: $780 to $800 million (prev. $775 to $800 million)
• Adjusted EBITDA for Siding & Trim: $920 to $955 million
• Adjusted EBITDA for Deck, Rail & Accessories: $215 to $225 million
• Total Adjusted EBITDA: $1.20 to $1.25 billion (prev. $1.05 to $1.15 billion)
• Free Cash Flow: At Least $200 million (unchanged)