Louisiana-Pacific Q3 net income falls to $9 million; reaffirms siding EBITDA guidance
Louisiana-Pacific reported third-quarter 2025 net sales of $663 million, down $59 million from a year earlier, and net income of $9 million, or $0.13 per diluted share, versus $90 million, or $1.28 per diluted share, in the prior-year quarter. The decline reflects lower OSB prices, which cut OSB net sales by $74 million, while siding net sales rose 5% to $443 million. The company reaffirmed its full-year 2025 siding adjusted EBITDA guidance, which matters to shareholders because the headline profit measures fell sharply while the outlook for that segment was held.
Key points
- Q3 2025 net sales were $663 million, down $59 million; siding rose $22 million to $443 million while OSB fell $74 million to $179 million.
- Q3 net income was $9 million ($0.13 per diluted share), down $82 million; adjusted EBITDA was $82 million, down $71 million.
- Full-year 2025 siding adjusted EBITDA guidance of about $430 million was reaffirmed; consolidated adjusted EBITDA guidance is about $420 million for the full year and about $32 million for Q4.
- Cash provided by operating activities was $89 million in Q3, and total liquidity was $1.1 billion as of September 30, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.