Filing Flows › Ranpak Holdings (PACK) › Q2 2026 › vs Q1 2026
Ranpak Holdings (PACK) Q2 2026 vs Q1 2026 (quarter over quarter)
Ranpak Holdings's revenue rose $4.0M (+4%) from $101M in Q1 2026 to $105M in Q2 2026.
Ranpak Holdings, Q2 2026: revenue $105M (+14% year over year), operating margin -2.3%, net loss $7.9M, operating cash flow $2.7M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 0.0% | 3.5% | -3.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $105M | $101M | $4.0M | +4% |
| Income tax benefit | $2.9M | $3.5M | −$600K | -17% |
| Net loss | $7.9M | $10.2M | −$2.3M | -23% |
| Costs & expenses | $116M | $115M | $1.1M | +1% |
| Operating costs | $108M | $105M | $2.6M | +2% |
| Interest & other, net | $8.4M | $9.9M | −$1.5M | -15% |
| Cost of revenue | $70.7M | $66.3M | $4.4M | +7% |
| SG&A | $27.6M | $29.2M | −$1.6M | -5% |
| Other operating costs | $9.3M | $9.5M | −$200K | -2% |
| Operating cash sources | $17.0M | $18.1M | −$1.1M | -6% |
| Depreciation & amortization | $15.8M | $16.8M | −$1.0M | -6% |
| Share-based compensation | $1.2M | $1.3M | −$100K | -8% |
| Net loss absorbed | $7.9M | $10.2M | −$2.3M | -23% |
| Working capital & other | $6.4M | $3.5M | $2.9M | +83% |
| Operating cash flow | $2.7M | $4.4M | −$1.7M | -39% |
| Free cash flow (OCF − capex) | $0 | $3.5M | −$3.5M | -100% |
| Capital expenditures | $2.7M | $900K | $1.8M | +200% |
Questions
How much did Ranpak Holdings's revenue grow quarter over quarter in Q2 2026?
Ranpak Holdings's revenue rose $4.0M (+4%) from $101M in Q1 2026 to $105M in Q2 2026.