Filing Flows › Graphic Packaging Holding (GPK) › Q3 2025
Graphic Packaging Holding (GPK) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Graphic Packaging Holding (GPK) reported revenue of $2.2B for the third quarter 2025 (Q3 2025), -1% from a year earlier and -0.6% from the quarter before. Operating margin was 10.7%, net earnings $142M (6.5% of revenue).
Graphic Packaging Holding, Q3 2025: revenue $2.2B (-1% year over year), operating margin 10.7%, net earnings $142M, operating cash flow $227M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | -0.6% | -1% |
| Operating profit | $234M | +21% | -16% |
| Net earnings | $142M | +37% | -14% |
| Operating cash flow | $227M | -15% | +21% |
What changed
Revenue was $2.2B in Q3 2025, down 1% year over year and down 1% from the previous quarter.
Operating profit was $0.23B, a 10.7% margin (down 1.9 points year over year). Total costs grew 1% against a revenue fall of 1%. The fastest-growing cost line was Other operating costs (+12%). Net earnings were $0.14B, down 14% year over year. The effective tax rate was 22.0%.
Operating cash flow was $0.23B (up 21% year over year), 160% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $0.04B. Capital expenditures of $0.27B exceeded it, leaving free cash flow of −$0.04B.
Questions
What was Graphic Packaging Holding's revenue in the third quarter 2025?
Graphic Packaging Holding (GPK) reported revenue of $2.2B for the third quarter 2025 (Q3 2025), -1% from a year earlier and -0.6% from the quarter before.
Was Graphic Packaging Holding profitable in the third quarter 2025?
Operating profit was $234M (10.7% of revenue) and net earnings $142M.