International Paper posts Q3 2026 loss after $1.38 bn goodwill impairment and gives North America guidance
International Paper reported net sales of $6.20 billion for the quarter ended September 30, 2026 and a loss from continuing operations of $1.10 billion, which includes a $1.38 billion non‑cash goodwill impairment in its Packaging Solutions EMEA segment. Adjusted EBITDA was $843 million and adjusted diluted EPS was $0.37. The company provided Q4 2026 operating‑profit guidance of $460‑$500 million and full‑year 2026 North America profit guidance of $1.3‑$1.4 billion, while stating it will no longer give guidance for the EMEA packaging business.
Why it matters
The large impairment drives a quarterly loss and pushes free cash flow negative to $(267) million, pressuring the stock which fell 6.7% in pre‑market trading. The North America segment guidance sets expectations for future earnings, while the removal of EMEA guidance limits visibility into that business.
Key facts
- 1Net sales were $6.20 billion. prnewswire.com
- 2Loss from continuing operations was $1.10 billion, including a $1.38 billion goodwill impairment charge for the Packaging Solutions EMEA segment. sec.gov
- 3Adjusted EBITDA (non‑GAAP) from continuing operations was $843 million. stocktitan.net
- 4Adjusted diluted EPS was $0.37 per share. tradingview.com
- 5Free cash flow (non‑GAAP) was $(267) million. sec.gov
- 6Packaging Solutions North America operating profit guidance for Q4 2026 is $460‑$500 million and full‑year 2026 is $1.3‑$1.4 billion. prnewswire.com
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.