Graphic Packaging posts Q1 net loss of $43 million as sales rise 2%
Graphic Packaging reported first quarter 2026 net sales of $2,156 million, up 2% from $2,120 million, but swung to a net loss of $43 million, or $(0.14) per diluted share, from net income of $127 million, or $0.42, a year earlier. Adjusted EBITDA fell to $232 million from $365 million, and the company reaffirmed its 2026 guidance after a 90-day business review that included a workforce reduction of over 500 roles.
Key points
- Net sales were $2,156 million, up from $2,120 million, with volumes up 1%.
- Net loss was $43 million, or $(0.14) per diluted share, versus net income of $127 million, or $0.42, in first quarter 2025.
- Adjusted EBITDA was $232 million versus $365 million, and Adjusted EBITDA margin was 10.8% versus 17.2%.
- 2026 guidance was reaffirmed: net sales of $8.4 billion to $8.6 billion, Adjusted EBITDA of $1.05 billion to $1.25 billion, and Adjusted EPS of $0.75 to $1.15.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.