International Paper

IP · Materials · Market cap $23.0B

Q1 FY26 Mar 31, 2026 reported May 5, 2026

Revenue$6B +13% year over year

Gross profit$1.7B

Operating profit$0.2B

Net profit$0.1B 1% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	6	100%	+13%
PS NA	3.6	60%
PS EMEA	2.3	38%
Other external sales	0.1	2%
Cost of revenue	−4.2	70%
Gross profit	1.7	29% margin	+1pp
SG&A	−0.5	9%	−1pp
Other	−1	17%	+0pp
Operating profit	0.2	4% margin	+0pp
Interest & other costs	−0.1
Net profit	0.1	1%	+3pp

All figures in billions of U.S. dollars, for Q3 FY24 (period ends Sep 30, 2024).
Item	Value	Share of revenue	Year over year
Revenue	4	100%	−14%
Industrial Packaging	3.9	98%
Corporate Segment and Other…	0.1	2%
Cost of revenue	−2.9	72%
Gross profit	1.1	28% margin	+0pp
SG&A	−0.5	12%	+6pp
Other	−0.4	10%	+0pp
Operating profit	0.2	6% margin	−2pp
Interest & other costs	−0.1
Net profit	0.2	4%	+0pp

All figures in billions of U.S. dollars, for Q2 FY24 (period ends Jun 30, 2024).
Item	Value	Share of revenue	Year over year
Revenue	4	100%	−14%
Industrial Packaging	3.9	98%
Corporate and Other	0.1	2%
Cost of revenue	−3.4	85%
Gross profit	0.7	16% margin	−12pp
SG&A	−0.3	11%	+4pp
Operating profit	0.3	8% margin	+1pp
Interest & other costs	−0.1
Net profit	0.5	12%	+7pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	Mar 31, 2026	May 5, 2026	$6B	+13%	3%	$0.1B	1%
Q3 FY24	Jul 1 – Sep 30, 2024	Nov 1, 2024	$4B	−14%	5%	$0.2B	4%
Q2 FY24	Apr 1 – Jun 30, 2024	Jul 26, 2024	$4B	−14%	8%	$0.5B	12%