International Paper (NYSE: IP; LSE: IPC) reported third-quarter 2026 net sales of $6.197 billion and a net loss of $1.126 billion, or $2.13 per basic and diluted share, for the quarter ended September 30.
The company reported a $1.097 billion loss from continuing operations, including a $1.377 billion non-cash goodwill impairment charge related to its Packaging Solutions EMEA business segment.
- Third-quarter net sales were $6.197 billion, compared with $6.222 billion a year earlier.
- Loss from continuing operations was $1.097 billion, or $2.07 per diluted share.
- Packaging Solutions North America operating profit was $427 million, compared with $204 million in the second quarter.
- Cash provided by operating activities totaled $339 million; free cash flow was negative $267 million.
- International Paper said it is preparing to separate its EMEA packaging business into an independent company known as DS Smith plc.
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