Filing Flows › Graphic Packaging Holding (GPK) › Q2 2025
Graphic Packaging Holding (GPK) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 29, 2025
Graphic Packaging Holding (GPK) reported revenue of $2.2B for the second quarter 2025 (Q2 2025), -1% from a year earlier and +4% from the quarter before. Operating margin was 8.8%, net earnings $104M (4.7% of revenue).
Graphic Packaging Holding, Q2 2025: revenue $2.2B (-2% year over year), operating margin 8.8%, net earnings $104M, operating cash flow $267M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +4% | -1% |
| Operating profit | $193M | -13% | -40% |
| Net earnings | $104M | -18% | -45% |
| Operating cash flow | $267M | — | +66% |
| Free cash flow | $35.0M | — | — |
What changed
Revenue was $2.2B in Q2 2025, down 1% year over year and up 4% from the previous quarter.
Operating profit was $0.19B, a 8.8% margin (down 5.7 points year over year). Total costs grew 5% against a revenue fall of 1%. Net earnings were $0.10B, down 45% year over year. The effective tax rate was 25.2%.
Operating cash flow was $0.27B (up 66% year over year), 257% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $0.03B. Capital expenditures of $0.23B left free cash flow of $0.04B.
Questions
What was Graphic Packaging Holding's revenue in the second quarter 2025?
Graphic Packaging Holding (GPK) reported revenue of $2.2B for the second quarter 2025 (Q2 2025), -1% from a year earlier and +4% from the quarter before.
Was Graphic Packaging Holding profitable in the second quarter 2025?
Operating profit was $193M (8.8% of revenue) and net earnings $104M.