• Net Sales up 30% to $1.2 Billion, Organic Net Sales +1%
• Siding & Trim Adjusted EBITDA Margin Expanded ~500 bps Sequentially
• Deck, Rail & Accessories Sell-Through Up Mid-Single-Digits
• Integration and Cost Synergies Ahead of Schedule, $125M Target on Track

James Hardie Industries plc reported results for its third quarter ending December 31, 2025. The company achieved or exceeded its financial commitments despite a mixed macro backdrop, with net sales up 30% to $1.2 billion and adjusted EBITDA up 26% to $330 million. Siding & Trim organic net sales were down modestly, but adjusted EBITDA margin improved nearly 500 basis points sequentially, driven by favorable price/mix and Hardie Operating System savings. Deck, Rail & Accessories delivered mid-single-digit sell-through growth. The company is confident in the combination with AZEK, with integration and cost synergies ahead of schedule and on track to achieve the $125 million target. On the commercial front, early wins with dealers, contractors and homebuilders will drive meaningful revenue synergies in FY27 and beyond.

For FY26, the company expects: Siding & Trim net sales of $2.953 to $2.998 billion (previously $2.925 to $2.995 billion), Siding & Trim adjusted EBITDA of $939 to $962 million (previously $920 to $955 million), Deck, Rail & Accessories net sales of $787 to $800 million (previously $780 to $800 million), Deck, Rail & Accessories adjusted EBITDA of $219 to $224 million (previously $215 to $225 million), and total adjusted EBITDA of $1.232 to $1.263 billion (previously $1.20 to $1.25 billion).