Filing Flows › Graphic Packaging Holding (GPK) › Q3 2026
Graphic Packaging Holding (GPK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Graphic Packaging Holding (GPK) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), +0.1% from a year earlier and +0.2% from the quarter before. Operating margin was 4.6%, net earnings $22.0M (1.0% of revenue).
Graphic Packaging Holding, Q3 2026: revenue $2.2B (+0.1% year over year), operating margin 4.6%, net earnings $22.0M, operating cash flow $250M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +0.2% | +0.1% |
| Operating profit | $101M | +6% | -57% |
| Net earnings | $22.0M | -8% | -85% |
| Operating cash flow | $250M | +58% | +10% |
| Free cash flow | $186M | — | — |
What changed
Revenue was $2.2B in Q3 2026, roughly flat year over year and roughly flat from the previous quarter.
Operating profit was $0.10B, a 4.6% margin (down 6.1 points year over year). Operating profit fell $0.13B even though revenue rose $2.0M versus Q3 2025, so costs grew faster than sales. Total costs grew 7% against flat revenue. The fastest-growing cost line was Other operating costs (+19%). Net earnings were $0.02B, down 85% year over year. The effective tax rate was 33.3%.
Operating cash flow was $0.25B (up 10% year over year), 1136% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.06B left free cash flow of $0.19B.
Questions
What was Graphic Packaging Holding's revenue in the third quarter 2026?
Graphic Packaging Holding (GPK) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), +0.1% from a year earlier and +0.2% from the quarter before.
Was Graphic Packaging Holding profitable in the third quarter 2026?
Operating profit was $101M (4.6% of revenue) and net earnings $22.0M.