Filing Flows › Graphic Packaging Holding (GPK) › Q2 2026
Graphic Packaging Holding (GPK) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Graphic Packaging Holding (GPK) reported revenue of $2.2B for the second quarter 2026 (Q2 2026), -0.7% from a year earlier and +1% from the quarter before. Operating margin was 4.3%, net earnings $24.0M (1.1% of revenue).
Graphic Packaging Holding, Q2 2026: revenue $2.2B (-0.7% year over year), operating margin 4.3%, net earnings $24.0M, operating cash flow $158M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +1% | -0.7% |
| Operating profit | $95.0M | +400% | -51% |
| Net earnings | $24.0M | — | -77% |
| Operating cash flow | $158M | — | -41% |
| Free cash flow | $75.0M | — | +92% |
What changed
Revenue was $2.2B in Q2 2026, down 1% year over year and up 1% from the previous quarter.
Operating profit was $0.10B, a 4.3% margin (down 4.4 points year over year). Total costs grew 4% against a revenue fall of 1%. Net earnings were $0.02B, down 77% year over year. The effective tax rate was 7.7%.
Operating cash flow was $0.16B (down 41% year over year), 658% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.02B. Capital expenditures of $0.08B left free cash flow of $0.07B.
Questions
What was Graphic Packaging Holding's revenue in the second quarter 2026?
Graphic Packaging Holding (GPK) reported revenue of $2.2B for the second quarter 2026 (Q2 2026), -0.7% from a year earlier and +1% from the quarter before.
Was Graphic Packaging Holding profitable in the second quarter 2026?
Operating profit was $95.0M (4.3% of revenue) and net earnings $24.0M.