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Sonoco Products (SON) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 28, 2026

Sonoco Products (SON) reported revenue of $2.0B for the third quarter 2026 (Q3 2026), -4% from a year earlier and +8% from the quarter before. Operating margin was -31.2%, net loss $732M (35.8% of revenue).

Revenue$2.0B
Year over year-4%
Quarter over quarter+8%
Operating margin-31.2%
Net earnings−$732M

Sonoco Products, Q3 2026: revenue $2.0B (-4% year over year), operating margin -31.2%, net loss $732M, operating cash flow $285M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$2.0B+8%-4%
Operating profit−$638M-431%-427%
Net earnings−$732M-797%-695%
Operating cash flow$285M-5%-2%
Free cash flow$222M-6%-2%

What changed

Revenue was $2.0B in Q3 2026, down 4% year over year and up 8% from the previous quarter.

Gross margin was 19.9%, down 2.1 points from Q3 2025. Operating costs exceeded revenue by $0.64B, an operating margin of -31.2%. Operating expenses grew 283% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+1566%). The quarter ended with a net loss of $0.73B, after a profit of $0.11B the previous quarter.

Operating cash flow was $0.28B (down 2% year over year). Non-cash charges added back $0.13B of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items added $0.88B. Capital expenditures of $0.06B left free cash flow of $0.22B.

Questions

What was Sonoco Products' revenue in the third quarter 2026?

Sonoco Products (SON) reported revenue of $2.0B for the third quarter 2026 (Q3 2026), -4% from a year earlier and +8% from the quarter before.

Was Sonoco Products profitable in the third quarter 2026?

Operating loss was $638M (-31.2% of revenue) and net loss $732M.

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Source: Sonoco Products 10-Q on SEC EDGAR.