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AI brief of an SEC Form 8-K · Louisiana-Pacific (LPX)

LP Q1 net income falls to $27 million from $91 million as sales drop $149 million

Negative Impact 3 of 5 earnings Written later

LP, the company formerly known as Louisiana-Pacific, reported first-quarter 2026 results on May 6, 2026. Net sales fell to $574 million from $724 million, and net income fell to $27 million ($0.39 per diluted share) from $91 million ($1.30), with lower OSB prices and Siding volumes weighing on results. The company gave full-year 2026 consolidated Adjusted EBITDA guidance of $345 million to $360 million, which shareholders can compare with the $82 million reported for the quarter.

Key points

  • Net sales were $574 million, down from $724 million a year earlier; Siding net sales were $360 million and OSB net sales were $168 million.
  • Net income was $27 million, or $0.39 per diluted share, compared with $91 million, or $1.30 per diluted share, in the first quarter of 2025.
  • Adjusted EBITDA was $82 million versus $162 million; OSB Adjusted EBITDA was a loss of $12 million.
  • Guidance: second-quarter 2026 consolidated Adjusted EBITDA of $100 million to $105 million, and full-year 2026 of $345 million to $360 million; full-year capital expenditures of about $390 million.

The filing

CompanyLouisiana-Pacific (LPX)
Form8-K, current report
Filed with the SECMay 5, 2026, 9:59 PM ET
Accession number0000060519-26-000019

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing 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 May 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.