Filing Flows › Sylvamo (SLVM) › Q1 2026
Sylvamo (SLVM) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Sylvamo (SLVM) reported revenue of $755M for the first quarter 2026 (Q1 2026), -8% from a year earlier and -15% from the quarter before. Operating margin was -2.0%, net loss $3.0M (0.4% of revenue).
Sylvamo, Q1 2026: revenue $755M (-8% year over year), operating margin -2.0%, net loss $3.0M, operating cash flow −$10.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $755M | -15% | -8% |
| Operating profit | −$15.0M | -119% | -134% |
| Net earnings | −$3.0M | -109% | -111% |
| Operating cash flow | −$10.0M | -111% | -143% |
What changed
Revenue was $755.0M in Q1 2026, down 8% year over year and down 15% from the previous quarter. North America Segment was the largest line at 52% of revenue. North America Segment lost $48.0M year over year (down 11%), 73% of the total change.
Operating costs exceeded revenue by $15.0M, an operating margin of -2.0%. Total costs fell 1% while revenue fell 8%. The fastest-growing cost line was Other operating costs (+60%). The quarter ended with a net loss of $3.0M, after a profit of $33.0M the previous quarter. Non-operating items added $9.0M, -150% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$10.0M. Non-cash charges added back $41.0M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $51.0M. Capital expenditures of $49.0M exceeded it, leaving free cash flow of −$59.0M.
Questions
What was Sylvamo's revenue in the first quarter 2026?
Sylvamo (SLVM) reported revenue of $755M for the first quarter 2026 (Q1 2026), -8% from a year earlier and -15% from the quarter before.
Was Sylvamo profitable in the first quarter 2026?
Operating loss was $15.0M (-2.0% of revenue) and net loss $3.0M.
Source: Sylvamo 10-Q on SEC EDGAR.