International Paper

IP Materials Market cap $18.1B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 5, 2026

Revenue$6.00B −2% year over year

Gross profit$1.66B 28% margin

Operating profit$0.09B 1% margin

Net profit−$0.01B 0% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	6.00	100%	−2%
PS NA	3.69	61%
PS EMEA	2.29	38%
Other external sales	0.05	1%
Cost of revenue	−4.34	72%
Gross profit	1.66	28% margin	+0pp
SG&A	−0.56	9%	+1pp
Other	−1.01	17%	+0pp
Operating profit	0.09	1% margin	+0pp
Interest & other costs	−0.10
Net profit	−0.01	0% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

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	5.97	100%	+13%
PS NA	3.63	61%
PS EMEA	2.32	39%
Other external sales	0.05	1%
Other and unallocated	−0.03	−1%
Cost of revenue	−4.24	71%
Gross profit	1.73	29% margin	+1pp
SG&A	−0.51	8%	−1pp
Other	−1.00	17%	+0pp
Operating profit	0.22	4% margin	+0pp
Interest & other costs	−0.16
Net profit	0.06	1% margin	+3pp

Filing on EDGAR This quarter on its own page

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	3.98	100%	−14%
Industrial packaging	3.93	99%
Corporate segment	0.05	1%
Cost of revenue	−2.88	72%
Gross profit	1.10	28% margin	+0pp
SG&A	−0.47	12%	+6pp
Other	−0.39	10%	+0pp
Operating profit	0.24	6% margin	−2pp
Interest & other costs	−0.19
Tax benefit	0.11
Net profit	0.15	4% margin	+0pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

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	4.02	100%	−14%
Industrial packaging	3.93	98%
Corporate & other	0.09	2%
Cost of revenue	−3.24	81%
Gross profit	0.78	19% margin	−9pp
SG&A	−0.45	11%	+4pp
Operating profit	0.32	8% margin	+1pp
Interest & other costs	−0.12
Tax benefit	0.29
Net profit	0.50	12% margin	+7pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY24 (period ends Mar 31, 2024).
Item	Value	Share of revenue	Year over year
Revenue	3.92	100%	−22%
Industrial packaging	3.81	97%
Corporate & other	0.11	3%
Cost of revenue	−3.39	87%
Gross profit	0.53	13% margin	−14pp
SG&A	−0.36	9%	+2pp
Operating profit	0.17	4% margin	−2pp
Interest & other costs	−0.09
Tax	−0.03
Net profit	0.06	1% margin	−2pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 5, 2026 Operating margin 1% Net profit −$0.01B	Apr 1 – Jun 30, 2026	Aug 5, 2026	$6.00B	−2%	1%	−$0.01B	0%
Q1 FY26 Jan 1 – Mar 31, 2026 reported May 5, 2026 Operating margin 4% Net profit $0.06B	Jan 1 – Mar 31, 2026	May 5, 2026	$5.97B	+13%	4%	$0.06B	1%
Q3 FY24 Jul 1 – Sep 30, 2024 reported Nov 1, 2024 Operating margin 6% Net profit $0.15B	Jul 1 – Sep 30, 2024	Nov 1, 2024	$3.98B	−14%	6%	$0.15B	4%
Q2 FY24 Apr 1 – Jun 30, 2024 reported Jul 26, 2024 Operating margin 8% Net profit $0.50B	Apr 1 – Jun 30, 2024	Jul 26, 2024	$4.02B	−14%	8%	$0.50B	12%
Q1 FY24 Jan 1 – Mar 31, 2024 reported Apr 26, 2024 Operating margin 4% Net profit $0.06B	Jan 1 – Mar 31, 2024	Apr 26, 2024	$3.92B	−22%	4%	$0.06B	1%