EASTMAN KODAK CO

Eastman Kodak Company announced changes to executive compensation. Effective January 1, 2026, the annual base salaries for General Counsel Roger Byrd and Chief Accounting Officer Richard Michaels were increased to $400,000 and $305,000, respectively. Additionally, target annual incentive awards under the Management Bonus Plan were increased for CFO David Bullwinkle, Byrd, and Michaels. A portion of these incentive awards for Bullwinkle and Byrd will now be paid in restricted stock units.

Eastman Kodak Company reported strong financial results for the second quarter of 2026, marking its fourth consecutive quarter of year-over-year growth in revenue, gross profit, and Operational EBITDA. Consolidated revenues increased 18% to $311 million, and the company achieved a GAAP net income of $17 million, a significant improvement from a net loss in the prior year. Both the Advanced Materials & Chemicals and Print segments contributed to revenue and Operational EBITDA growth, reflecting consistent execution of the company's long-term plan.

Eastman Kodak Company reported a net loss of $(16) million for the first quarter of 2026, an increase from $(7) million in the prior year. Total revenues rose to $265 million from $247 million, driven by higher sales. The company also completed a significant restructuring of its Series B Preferred Stock and repaid $50 million of its Term Loans.

Eastman Kodak Company reported its first-quarter 2026 financial results, showing a third consecutive quarter of year-over-year growth in revenue, gross profit, and Operational EBITDA. Consolidated revenues increased 7% to $265 million, with key Print and Advanced Materials & Chemicals businesses achieving revenue increases. Despite these operational improvements, the company's GAAP net loss widened to $16 million, primarily due to higher manufacturing costs and commodity prices, and a decrease in cash balance driven by inventory build-up and debt repayment.