International Paper swings to $12 million Q2 loss from continuing operations
International Paper reported preliminary, unaudited second-quarter 2026 results, with net sales of $6.00 billion, down from $6.14 billion a year earlier, and a loss from continuing operations of $12 million, compared with earnings of $75 million in the second quarter of 2025. Adjusted EBITDA from continuing operations fell to $587 million from $670 million, and the company set third-quarter adjusted EBITDA guidance of $780 million to $830 million and full-year guidance of $3.20 billion to $3.40 billion, which shareholders will weigh against the weaker profit trend.
Key points
- Net sales of $6.00 billion, down from $6.14 billion in Q2 2025 and up from $5.97 billion in Q1 2026
- Loss from continuing operations of $12 million, or $(0.02) per diluted share, versus earnings of $75 million, or $0.14 per share, a year earlier
- Adjusted EBITDA from continuing operations of $587 million, versus $670 million in Q2 2025; free cash flow was $(7) million
- Full-year 2026 adjusted EBITDA guidance of $3.20 billion to $3.40 billion; third-quarter guidance of $780 million to $830 million, including an $85 million negative impact from the temporary Pine Hill, Alabama mill closure
The filing
Written by AI on Nov 8, 2026, 12:42 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 July 30, 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.