Filing Flows › Ranpak Holdings (PACK) › Q3 2026
Ranpak Holdings (PACK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Ranpak Holdings (PACK) reported revenue of $102M for the third quarter 2026 (Q3 2026), +2% from a year earlier and -3% from the quarter before. Operating margin was 0.0%, net loss $7.2M (7.1% of revenue).
Ranpak Holdings, Q3 2026: revenue $102M (+2% year over year), operating margin 0.0%, net loss $7.2M, operating cash flow $17.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $102M | -3% | +2% |
| Operating profit | $0 | — | — |
| Net earnings | −$7.2M | — | — |
| Operating cash flow | $17.7M | +556% | +108% |
| Free cash flow | $13.3M | — | +87% |
What changed
Revenue was $101.9M in Q3 2026, up 2% year over year and down 3% from the previous quarter.
Gross margin was 35.6%, up 1.1 points from Q3 2025. Operating profit was $0K, a 0.0% margin (up 5.7 points year over year). Operating expenses fell 9% while revenue rose 2%. The quarter ended with a net loss of $7.2M, narrower than the previous quarter's $7.9M loss. Net interest and other expense of $9.0M was the main reason.
Operating cash flow was $17.7M (up 108% year over year). Non-cash charges added back $16.0M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $7.7M. Capital expenditures of $4.4M left free cash flow of $13.3M.
Questions
What was Ranpak Holdings' revenue in the third quarter 2026?
Ranpak Holdings (PACK) reported revenue of $102M for the third quarter 2026 (Q3 2026), +2% from a year earlier and -3% from the quarter before.
Was Ranpak Holdings profitable in the third quarter 2026?
Operating profit was $0 (0.0% of revenue) and net loss $7.2M.
Source: Ranpak Holdings 10-Q on SEC EDGAR.