Weyerhaeuser Q2 2026: $162 million net income, non-GAAP EPS beats
Weyerhaeuser's second quarter of 2026 was profitable but not improving: net income of $162 million, or $0.23 per diluted share, held up on a $71 million gain from selling Oregon timberlands. Strip that out, and the non-GAAP figure is $0.13, still ahead of the $0.0884 consensus. Revenue of $1.867 billion was slightly below last year's $1.884 billion, so this is a cost-and-portfolio story, not a demand story.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $0.23 beat last year's $0.12 and the $0.13 non-GAAP figure cleared the $0.0884 consensus with room to spare. But the GAAP number leans on a $71 million after-tax gain from selling Oregon timberlands, which management excludes; without it, earnings were $91 million. Management's own preferred number, non-GAAP EPS of $0.13, is the cleaner read on operating performance.
Revenue of $1.867 billion slipped 0.9% from $1.884 billion a year ago but rose 8.1% from $1.727 billion in the first quarter. The three reported segments — Timberlands, Strategic Land Solutions and Wood Products — add up to $2.018 billion, above reported revenue, so unallocated and intersegment items explain the gap. Wood Products alone is $1.360 billion of that segment total, which is why lumber pricing matters more than anything else here.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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