International Paper Company reported preliminary, unaudited financial results for the fiscal quarter ended September 30, 2026, revealing a net loss for the period. The company recorded a loss from continuing operations of $1.10 billion, a figure driven primarily by a non-cash goodwill impairment charge of $1.38 billion related to its Packaging Solutions EMEA business segment. Despite the net loss, the company reported adjusted EBITDA from continuing operations of $843 million.
Financial performance varied by business segment. The Packaging Solutions North America segment reported operating profit of $427 million, while the Packaging Solutions EMEA segment posted an operating loss of $73 million. Net sales for the quarter totaled $6.20 billion.
International Paper also provided financial targets for its Packaging Solutions North America business segment. The company anticipates operating profit of $460 million to $500 million for the fourth quarter of 2026, and full-year 2026 operating profit of $1.3 billion to $1.4 billion. Additionally, the company expects full-year 2026 Adjusted EBITDA of $2.27 billion to $2.31 billion.
The company is currently advancing the separation of its EMEA packaging business into an independent entity, which will be known as DS Smith plc. As a result of this planned separation and subsequent U.K. regulatory requirements, International Paper stated it is no longer including its existing EMEA financial guidance in its framework and does not anticipate providing such guidance in the future.
