Filing Flows › Rayonier (RYN) › Q1 2026 › vs Q4 2025
Rayonier (RYN) Q1 2026 vs Q4 2025 (quarter over quarter)
Rayonier's revenue rose $159M (+136%) from $117M in Q4 2025 to $277M in Q1 2026.
Rayonier, Q1 2026: revenue $277M (+234% year over year), operating margin -16.5%, net loss $12.5M, operating cash flow $34.6M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 10.9% | 35.1% | -24.2 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $277M | $117M | $159M | +136% |
| Income tax benefit | $39.4M | −$236K | $39.7M | — |
| Net loss | $12.5M | −$26.2M | $38.7M | — |
| Costs & expenses | $329M | $117M | $211M | +180% |
| Operating costs | $322M | $90.5M | $232M | +256% |
| Interest & other, net | $6.3M | $604K | $5.7M | +942% |
| Cost of revenue | $230M | $68.2M | $162M | +238% |
| SG&A | $21.7M | $16.1M | $5.6M | +35% |
| Other operating costs | $70.4M | $6.2M | $64.2M | 11× |
| Operating cash sources | $47.1M | $25.6M | $21.5M | +84% |
| Share-based compensation | $15.4M | $2.5M | $12.9M | +517% |
| Working capital & other | $31.7M | $23.1M | $8.6M | +37% |
| Net loss absorbed | $12.5M | −$26.2M | $38.7M | — |
| Operating cash flow | $34.6M | $51.8M | −$17.2M | -33% |
| Free cash flow (OCF − capex) | $30.0M | $41.2M | −$11.2M | -27% |
| Capital expenditures | $4.5M | $10.6M | −$6.0M | -57% |
Questions
How much did Rayonier's revenue grow quarter over quarter in Q1 2026?
Rayonier's revenue rose $159M (+136%) from $117M in Q4 2025 to $277M in Q1 2026.