MasterBrand, Inc. filed its Form 10-Q for the quarterly period ended September 27, 2026 with the U.S. Securities and Exchange Commission on November 6, 2026, reporting a net loss of $9.2 million for the 13-week period on net sales of $1,036.8 million.

Key Highlights

  • Net sales of $1,036.8 million for the 13 weeks ended September 27, 2026, compared to $698.9 million in the same period a year earlier, according to the filing.
  • Net loss of $9.2 million for the third quarter of 2026, versus net income of $18.1 million in the comparable prior-year quarter.
  • Year-to-date net loss of $82.2 million for the 39 weeks ended September 27, 2026, compared to net income of $68.7 million for the same period in 2025.
  • Restructuring charges of $11.1 million in the quarter and $33.1 million year-to-date, the filing disclosed.
  • Acquisition of business resulted in a cash outflow of $330.3 million, net of cash acquired, in the 39-week period, per the cash flow statement.
  • Total assets increased to $4,329.2 million as of September 27, 2026, from $3,100.4 million as of December 28, 2025.
  • 203,546,943 shares of common stock outstanding as of November 4, 2026, as reported on the cover page.

MasterBrand Reports Wider Losses and Expanded Balance Sheet After Acquisition

According to the filing, MasterBrand, Inc. (NYSE:MBC) reported net sales of $1,036.8 million for the 13 weeks ended September 27, 2026, up from $698.9 million in the 13 weeks ended September 28, 2025. Despite the higher revenue, the company recorded a net loss of $9.2 million for the quarter, compared to net income of $18.1 million in the year-ago period. The company reported a basic and diluted loss per share of $0.05 for the quarter.

The filing disclosed that selling, general and administrative expenses rose to $224.0 million in the third quarter of 2026 from $167.5 million in the same period of 2025. Restructuring charges of $11.1 million weighed on quarterly operating income, which came in at $10.0 million versus $41.7 million in the prior-year quarter. For the 39-week year-to-date period, the company reported an operating loss of $36.3 million compared to operating income of $146.1 million a year earlier, with year-to-date restructuring charges totaling $33.1 million.

On the balance sheet, total assets grew to $4,329.2 million as of September 27, 2026, from $3,100.4 million as of December 28, 2025. The filing attributed a significant portion of this expansion to an acquisition completed during the year-to-date period, with $330.3 million in cash paid for the business net of cash acquired. To help fund that transaction, the company disclosed proceeds of $375.0 million from the issuance of a Term Loan A during the 39-week period. Goodwill increased to $1,323.8 million from $1,127.5 million, and other intangible assets, net, rose to $878.8 million from $547.7 million over the same interval. Net cash provided by operating activities was $80.2 million for the 39-week period, compared to $108.8 million in the prior-year period.

What Was Disclosed

MasterBrand, Inc. filed its third-quarter 2026 Form 10-Q covering the 13 and 39 weeks ended September 27, 2026. The filing disclosed a quarterly net loss, higher restructuring charges, an acquisition-driven expansion of total assets, and increased long-term debt compared to year-end 2025.