International Paper Reports Q2 2026 Earnings with Mixed Financial Results
International Paper (IP) reported mixed financial results for the second quarter of 2026. North America box volumes increased by 1.7% year-over-year, driven by stronger customer relationships and new business wins. The company also improved mill performance by gaining 500 basis points due to simplified systems and better capacity utilization. Despite these gains, International Paper reported negative free cash flow of $7 million for the quarter, primarily from transformation initiatives and capital investments totaling $533 million. Packaging Solutions North America recorded adjusted EBITDA of $425 million but was impacted by unfavorable maintenance outage costs.
Tickers: $IP
Topics: adjusted EBITDA box volumes cost savings initiatives free cash flow guidance revision