Quarterly ResultMay 5, 2026, 04:09 PM
International Paper Q1 Net Earnings $60M; Sales $5.97B
AI Summary
International Paper reported net earnings of $60 million for the first quarter of 2026, a substantial improvement from a net loss of $105 million in the prior year period. Net sales for the quarter rose to $5.97 billion from $5.26 billion year-over-year. The company also completed the previously announced sale of its Global Cellulose Fibers business in January 2026, generating $1.1 billion in cash and $168 million in preferred stock.
Key Highlights
- Net Earnings for Q1 2026 were $60 million, a significant improvement from $(105) million loss in Q1 2025.
- Net Sales increased to $5.97 billion in Q1 2026, up from $5.26 billion in Q1 2025.
- Diluted Earnings Per Share (EPS) was $0.11 for Q1 2026, compared to $(0.24) in Q1 2025.
- Completed sale of Global Cellulose Fibers business on January 23, 2026, for $1.1 billion cash and $168 million preferred stock.
- Cash Provided By Operations was $611 million in Q1 2026, reversing from $(288) million used in Q1 2025.
- Paid common stock dividends of $0.4625 per share, totaling $245 million in Q1 2026.
- Restructuring charges decreased to $23 million in Q1 2026 from $83 million in Q1 2025.
- PS EMEA net sales were $2.32 billion in Q1 2026, up from $1.55 billion in Q1 2025.