Filing Flows › Mercer International (MERC) › Q2 2026 › vs Q2 2025
Mercer International (MERC) Q2 2026 vs Q2 2025 (year over year)
Mercer International's revenue rose $6.8M (+1%) from $454M in Q2 2025 to $460M in Q2 2026. The biggest changes: Manufactured Products +$13.4M (+108%); Pulp −$10.4M (-3%); Lumber −$9.7M (-15%).
Mercer International, Q2 2026: revenue $460M (+2% year over year), operating margin -12.8%, net loss $76.0M, operating cash flow −$15.1M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Pulp | $303M | $314M | −$10.4M | -3% |
| Lumber | $56.6M | $66.3M | −$9.7M | -15% |
| Pallets | $31.9M | $26.6M | $5.3M | +20% |
| Energyandchemicals | $28.0M | $24.7M | $3.4M | +14% |
| Manufactured Products | $25.8M | $12.4M | $13.4M | +108% |
| Biofuels | $10.7M | $5.1M | $5.6M | +110% |
| Wood Residuals | $3.8M | $4.7M | −$908K | -19% |
| Revenue | $460M | $454M | $6.8M | +1% |
| Income tax benefit | $13.4M | $1.9M | $11.5M | +620% |
| Net loss | $76.0M | $86.1M | −$10.1M | -12% |
| Costs & expenses | $550M | $541M | $8.2M | +2% |
| Operating costs | $519M | $512M | $7.3M | +1% |
| Interest & other, net | $30.4M | $29.5M | $886K | +3% |
| Cost of revenue | $450M | $444M | $5.8M | +1% |
| SG&A | $31.6M | $30.4M | $1.1M | +4% |
| Other operating costs | $37.9M | $37.5M | $452K | +1% |
| Operating cash sources | $76.0M | $85.0M | −$9.1M | -11% |
| Depreciation & amortization | $38.0M | $37.5M | $458K | +1% |
| Working capital & other | $22.9M | $43.0M | −$20.1M | -47% |
| Cash used in operations | $15.1M | $4.5M | $10.6M | +234% |
| Net loss absorbed | $76.0M | $86.1M | −$10.1M | -12% |
Questions
How much did Mercer International's revenue grow year over year in Q2 2026?
Mercer International's revenue rose $6.8M (+1%) from $454M in Q2 2025 to $460M in Q2 2026.
What drove Mercer International's revenue change in Q2 2026?
Manufactured Products +$13.4M (+108%); Pulp −$10.4M (-3%); Lumber −$9.7M (-15%).