Every material Form 8-K International Paper filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
International Paper reported preliminary third-quarter 2026 net sales of $6.20 billion and a loss from continuing operations of $1.10 billion, or $2.07 per diluted share, which includes a $1.38 billion non-cash goodwill impairment for its Packaging Solutions EMEA segment. Adjusted operating earnings were $0.37 per share, compared with a loss of $0.43 a year earlier, and the company will no longer provide EMEA guidance as it prepares to separate that business.
Net sales were $6.20 billion, compared with $6.22 billion in the third quarter of 2025 and $6.00 billion in the second quarter of 2026.
Loss from continuing operations was $1.10 billion, or $2.07 per diluted share, versus a loss of $0.81 per share a year earlier.
Packaging Solutions North America operating profit was $427 million; guidance is $460-$500 million for the fourth quarter and $1.3-$1.4 billion for full-year 2026.
EMEA packaging leadership will hold a Capital Markets Day in London on November 3, 2026.
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.
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
International Paper's board appointed Katherine Collins and Lori J. Ryerkerk as independent directors, effective October 1, 2026. Directors Kathryn D. Sullivan and Ahmet C. Dorduncu will retire effective December 31, 2026, and the board will have 13 members, 12 of them independent. The filing describes the changes as governance updates and does not discuss financial results.
Katherine Collins and Lori J. Ryerkerk join the board effective October 1, 2026, with terms ending at the May 2027 shareowner meeting.
After the appointments, the board will have 13 members, 12 of whom are independent.
Dr. Kathryn D. Sullivan and Ahmet C. Dorduncu retire effective December 31, 2026, with no disagreement with the company cited.
Governance guidelines amended in March 2026 eliminate the mandatory retirement age of 75 and adopt a 12-year director term limit.
International Paper reported preliminary first-quarter 2026 net sales of $5.97 billion, up from $5.26 billion a year earlier, and earnings from continuing operations of $76 million, compared with a loss of $124 million in the first quarter of 2025. Adjusted EBITDA from continuing operations fell to $677 million from $689 million, and the company updated its full-year 2026 adjusted EBITDA target to $3.20 billion to $3.50 billion, citing a tougher macro environment and a severe winter storm.
Q1 2026 net sales of $5.97 billion vs. $5.26 billion in Q1 2025; diluted EPS from continuing operations of $0.14 vs. a loss of $0.28
Adjusted operating EPS of $0.15 vs. $0.17 in Q1 2025; adjusted EBITDA of $677 million vs. $689 million
Updated 2026 targets: second-quarter adjusted EBITDA of $520 million to $570 million; full-year adjusted EBITDA of $3.20 billion to $3.50 billion
Received $1.1 billion in net proceeds from the sale of the Global Cellulose Fibers business and paid down $660 million of debt; separation of the EMEA packaging business is ongoing
International Paper reported preliminary full-year 2025 net sales of $23.63 billion, up from $15.84 billion in 2024, but a loss from continuing operations of $2.84 billion, compared with earnings of $725 million a year earlier. The loss reflects a $2.47 billion pre-tax goodwill impairment tied to its PS EMEA business, and the company also announced plans to separate its North America and EMEA packaging businesses into two independent public companies, expected within 12 to 15 months.
Full-year 2025 net sales were $23.63 billion versus $15.84 billion in 2024; loss from continuing operations was $2.84 billion versus earnings of $725 million.
Fourth-quarter 2025 loss from continuing operations was $2.36 billion, including a $2.47 billion pre-tax non-cash goodwill impairment charge.
2026 targets call for full-year adjusted EBITDA of $3.5 to $3.7 billion and first-quarter adjusted EBITDA of $740 to $760 million.
The separation of PS NA and PS EMEA is expected to be completed in 12 to 15 months; the Form 10-K is intended for filing on February 26, 2026.
International Paper completed the sale of its Global Cellulose Fibers business to funds affiliated with American Industrial Partners on January 23, 2026, for $1.5 billion, which includes preferred stock of the buyer's parent with an aggregate initial liquidation preference of $190 million. The filing says the sale covers the company's entire GCF business and was made under a securities purchase agreement dated August 20, 2025.
Purchase price of $1.5 billion, including preferred stock with an aggregate initial liquidation preference of $190 million
Sale agreement dated August 20, 2025, as amended; closing completed January 23, 2026
The business sold generated approximately $2.3 billion in revenue in 2024, excluding closed mills
GCF has 3,300 employees globally and nine manufacturing facilities
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every International Paper filing is on SEC EDGAR ↗. 8-K briefs of other companies →