Quarterly ResultAug 5, 2026, 12:09 PM
Rayonier Advanced Materials Q2 Net Loss $32.8M, EPS $(0.49)
AI Summary
Rayonier Advanced Materials reported a net loss of $32.8 million, or $(0.49) per share, for the second quarter of 2026, a significant improvement from the $363.2 million loss in Q2 2025. Net sales for the quarter increased to $376.1 million. The company recorded a $13 million non-cash asset impairment for its High Yield Pulp plant and incurred $40.9 million in permanent idling charges for its Temiscaming HPC operations during the first half of 2026.
Key Highlights
- Net loss attributable to RYAM was $32.8 million for Q2 2026, compared to $363.2 million for Q2 2025.
- Net sales increased to $376.1 million for Q2 2026, up from $340.0 million in the prior year quarter.
- Operating loss for Q2 2026 was $6.3 million, compared to an operating loss of $1.3 million for Q2 2025.
- The company recognized a $13 million non-cash asset impairment for its High Yield Pulp plant in Q2 2026 due to weakened market conditions.
- Temiscaming HPC permanent idling charges totaled $40.9 million for the six months ended June 27, 2026.
- Cash provided by operating activities was $36.9 million for the six months ended June 27, 2026, up from $9.4 million in the prior year period.
Price Impact
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