Filing Flows › Sylvamo (SLVM) › Q3 2026 › vs Q2 2026
Sylvamo (SLVM) Q3 2026 vs Q2 2026 (quarter over quarter)
Sylvamo's revenue fell $161M (-20%) from $806M in Q2 2026 to $645M in Q3 2026. The biggest changes: Latin America Segment +$28.0M (+14%); North America Segment +$3.0M (+0.7%).
Sylvamo, Q3 2026: revenue $645M (-3% year over year), operating margin 13.5%, net loss $199M, operating cash flow $64.0M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 2.8% | -2.9% | +5.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| North America Segment | $414M | $411M | $3.0M | +0.7% |
| Latin America Segment | $231M | $203M | $28.0M | +14% |
| Revenue | $645M | $806M | −$161M | -20% |
| Income tax benefit | $14.0M | −$12.0M | $26.0M | — |
| Net loss | $199M | $11.0M | $188M | 18× |
| Costs & expenses | $858M | $817M | $41.0M | +5% |
| Operating costs | $558M | $792M | −$234M | -30% |
| Interest & other, net | $300M | $13.0M | $287M | 23× |
| Cost of revenue | $440M | $674M | −$234M | -35% |
| SG&A | $82.0M | $69.0M | $13.0M | +19% |
| Other operating costs | $36.0M | $49.0M | −$13.0M | -27% |
| Operating cash sources | $263M | $49.0M | $214M | +437% |
| Depreciation & amortization | $36.0M | $43.0M | −$7.0M | -16% |
| Share-based compensation | $4.0M | $3.0M | $1.0M | +33% |
| Working capital & other | $223M | $3.0M | $220M | 74× |
| Net loss absorbed | $199M | $11.0M | $188M | 18× |
| Operating cash flow | $64.0M | $38.0M | $26.0M | +68% |
| Free cash flow (OCF − capex) | $18.0M | −$23.0M | $41.0M | — |
| Capital expenditures | $46.0M | $61.0M | −$15.0M | -25% |
Questions
How much did Sylvamo's revenue grow quarter over quarter in Q3 2026?
Sylvamo's revenue fell $161M (-20%) from $806M in Q2 2026 to $645M in Q3 2026.
What drove Sylvamo's revenue change in Q3 2026?
Latin America Segment +$28.0M (+14%); North America Segment +$3.0M (+0.7%).