INTERNATIONAL PAPER CO /NEW/ (IP) Form 8-K — Oct 28, 2026
International Paper reported Q3 2026 net sales of $6.20 billion with a loss from continuing operations of $1.10 billion, driven by a $1.38 billion non-cash goodwill impairment of its Packaging Solutions EMEA segment ahead of the planned separation into DS Smith plc. Underlying performance improved: adjusted operating EPS came in at $0.37 versus -$0.43 a year ago, Packaging Solutions North America posted $427 million in operating profit, and adjusted EBITDA from continuing operations was $843 million. Free cash flow was negative at -$267 million in the quarter.
Key figures
- Revenue
- 6197000000
- Guidance
- Packaging Solutions North America operating profit Q4 2026 $460-$500M; full-year 2026 $1.3-$1.4B; PS NA Adjusted EBITDA Q4 $700-$740M, full-year $2.27-$2.31B. EMEA guidance withdrawn ahead of separation.
- Revenue Yoy
- -0.4%
- Total Assets
- 35637000000
- Cash Position
- 815000000
- Free cash flow q3
- $(267) million
- Adjusted operating eps
- $0.37
- Ps emea operating loss
- $(73) million
- Ps na operating profit
- $427 million
- Goodwill impairment pretax
- $1.38 billion (PS EMEA segment)
- Net special items after tax
- $1.31 billion
- Adjusted ebitda continuing ops
- $843 million
- Loss from continuing operations
- $(1.10) billion
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