Graphic Packaging Q3 net income falls to $22 million on flat sales; guidance reaffirmed
Graphic Packaging reported third quarter 2026 results on November 3, 2026. Net sales were $2,192 million, up $2 million from a year earlier, but net income fell to $22 million ($0.07 per diluted share) from $142 million ($0.48) and Adjusted EBITDA fell to $289 million from $383 million. The company reaffirmed its full-year 2026 guidance, but the sharp profit decline in the quarter is the key point for shareholders.
Key points
- Net sales of $2,192 million vs. $2,190 million; volume/mix up 1% ($19 million), price down 1% ($15 million).
- Adjusted EBITDA of $289 million vs. $383 million; Adjusted EBITDA margin of 13.2% vs. 17.5%.
- Net income of $22 million, or $0.07 per diluted share, vs. $142 million, or $0.48, in third quarter 2025.
- Full-year 2026 guidance reaffirmed: Net Sales of about $8.6 billion, Adjusted EBITDA of $1.05 billion, Adjusted EPS of $0.65, and Adjusted Cash Flow of $600 million to $700 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.