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Smurfit Westrock (SW) gross margin by quarter

Smurfit Westrock's gross margin was 17.6% in Q3 2026 (third quarter 2026), +0.2 pts from Q2 2026. Over the last 6 quarters it ranged from 16.4% (Q1 2026) to 20.6% (Q1 2025).

Smurfit Westrock gross margin by quarterSmurfit Westrock gross margin by quarter20.6%Q1 202519.6%Q3 202518.2%Q4 202516.4%Q1 202617.4%Q2 202617.6%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202617.6%+0.2 pts-2.0 pts
Q2 202617.4%+1.0 pts—
Q1 202616.4%-1.8 pts-4.2 pts
Q4 202518.2%-1.4 pts—
Q3 202519.6%-1.0 pts—
Q1 202520.6%——

Q3 2026 at a glance

Smurfit Westrock, Q3 2026: revenue $8.2B (+2% year over year), operating margin 6.0%, net earnings $219M, operating cash flow $874M. The chart follows the revenue to costs, profit and cash.

Questions

What is Smurfit Westrock's gross margin?

Smurfit Westrock's gross margin was 17.6% in Q3 2026 (third quarter 2026), +0.2 pts from Q2 2026.

How has Smurfit Westrock's gross margin changed?

Over the last 6 quarters it ranged from 16.4% (Q1 2026) to 20.6% (Q1 2025).

Q3 2026 results → · How Smurfit Westrock makes money →