Form 10-Q · Quarterly report
International Paper 10-Q, filed Aug 5, 2026
- Filed
- CIK
- 0000051434
- Accession no.
- 0000051434-26-000123
Summary
International Paper reported second-quarter 2026 net sales of $6 billion and a loss from continuing operations of $12 million, and said it completed the $368 million acquisition of North Pacific Paper Company from One Rock Capital Partners. The company also advanced plans to separate its North America and EMEA packaging businesses into two publicly traded companies via a spinoff in which it would retain roughly 20 percent, and temporarily suspended operations at its Pine Hill, Alabama mill after weather-related roof damage.
Key points
- Second-quarter 2026 net sales were $6 billion, with a loss from continuing operations of $12 million and adjusted EBITDA of $587 million.
- International Paper completed the $368 million acquisition of North Pacific Paper Company from One Rock Capital Partners on June 4, 2026, and finished converting its Riverdale Mill No. 16 machine in Selma, Alabama, from uncoated freesheet to containerboard at a cost of $250 million.
- The company temporarily suspended operations at its Pine Hill, Alabama mill in late June 2026 after roof damage from a weather event and expects to resume manufacturing in August 2026.
- International Paper expects adjusted EBITDA to be sequentially higher in the third quarter across both North America and EMEA.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2.MANAGEMENT’S DISCUSSION EXECUTIVE SUMMARY Second Quarter 2026 Financial Summary •Net sales of $6 billion •Loss from continuing operations of $12 million •Adjusted EBITDA (non-GAAP) from continuing operations of $587 million (1) •Cash provided by operating activities of $1.14 billion (2) •Free cash flow (non-GAAP) of $87 million (1) (2) (1) See "Non-GAAP Financial Measures" for a list of our non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures. (2) Reflects amounts for the six months ended June 30, 2026, rather than the second quarter. …
An excerpt of the text as filed with the SEC, cut for length.
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