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International Paper (IP) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

International Paper (IP) reported revenue of $6.0B for the second quarter 2026 (Q2 2026), -2% from a year earlier and +0.6% from the quarter before. Operating margin was -0.4%, net loss $12.0M (0.2% of revenue).

Revenue$6.0B
Year over year-2%
Quarter over quarter+0.6%
Operating margin-0.4%
Net earnings−$12.0M

International Paper, Q2 2026: revenue $6.0B (-2% year over year), operating margin -0.4%, net loss $12.0M, operating cash flow $526M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$6.0B+0.6%-2%
Operating profit−$27.0M-135%-123%
Net earnings−$12.0M-120%-116%
Operating cash flow$526M-14%+11%

What changed

Revenue was $6.0B in Q2 2026, down 2% year over year and up 1% from the previous quarter.

Operating costs exceeded revenue by $0.03B, an operating margin of -0.4%. Total costs grew 0% against a revenue fall of 2%. The quarter ended with a net loss of $0.01B, after a profit of $0.06B the previous quarter.

Operating cash flow was $0.53B (up 11% year over year). Non-cash charges added back $0.49B of depreciation and amortization. Working capital and other items added $0.05B. Capital expenditures of $0.53B exceeded it, leaving free cash flow of −$0.01B.

Questions

What was International Paper's revenue in the second quarter 2026?

International Paper (IP) reported revenue of $6.0B for the second quarter 2026 (Q2 2026), -2% from a year earlier and +0.6% from the quarter before.

Was International Paper profitable in the second quarter 2026?

Operating loss was $27.0M (-0.4% of revenue) and net loss $12.0M.

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Source: International Paper 10-Q on SEC EDGAR.