Filing Flows › Rayonier Advanced Materials (RYAM) › Q1 2026
Rayonier Advanced Materials (RYAM) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Rayonier Advanced Materials (RYAM) reported revenue of $319M for the first quarter 2026 (Q1 2026), -10% from a year earlier and -24% from the quarter before. Operating margin was -20.5%, net loss $81.5M (25.6% of revenue).
Rayonier Advanced Materials, Q1 2026: revenue $319M (-10% year over year), operating margin -20.5%, net loss $81.5M, operating cash flow $31.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $319M | -24% | -10% |
| Operating profit | −$65.3M | -705% | — |
| Net earnings | −$81.5M | — | — |
| Operating cash flow | $31.9M | -1% | -19% |
| Free cash flow | $11.9M | — | +639% |
What changed
Revenue was $319.1M in Q1 2026, down 10% year over year and down 24% from the previous quarter.
Operating costs exceeded revenue by $65.3M, an operating margin of -20.5%. The fastest-growing cost line was Other operating costs (+143%). The quarter ended with a net loss of $81.5M, wider than the previous quarter's $21.0M loss.
Operating cash flow was $31.9M (down 19% year over year). Non-cash charges added back $33.5M of depreciation and amortization and $767K of share-based compensation. Working capital and other items added $79.2M. After capital expenditures, net ($20.0M), adjusted free cash flow as the company reports it was $11.9M.
Questions
What was Rayonier Advanced Materials' revenue in the first quarter 2026?
Rayonier Advanced Materials (RYAM) reported revenue of $319M for the first quarter 2026 (Q1 2026), -10% from a year earlier and -24% from the quarter before.
Was Rayonier Advanced Materials profitable in the first quarter 2026?
Operating loss was $65.3M (-20.5% of revenue) and net loss $81.5M.