International PaperIPEarnings & Financial Report
The International Paper Company is an American pulp and paper company, the largest such company in the world. It has approximately 39,000 employees, and is headquartered in Memphis, Tennessee.
Revenue
$6.8B
Gross Profit
$1.9B
Operating Profit
$116.0M
Net Profit
$75.0M
Gross Margin
27.9%
Operating Margin
1.7%
Net Margin
1.1%
YoY Growth
42.9%
EPS
$0.14
International Paper Q2 FY2025 Financial Summary
International Paper reported revenue of $6.8B (up 42.9% YoY) for Q2 FY2025, with a net profit of $75.0M (down 84.9% YoY) (1.1% margin). Cost of goods sold was $4.9B, operating expenses totaled $1.8B.
Key Financial Metrics
| Total Revenue | $6.8B |
|---|---|
| Net Profit | $75.0M |
| Gross Margin | 27.9% |
| Operating Margin | 1.7% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
International Paper Q2 FY2025 revenue of $6.8B breaks down across 3 segments, led by External Customers at $3.8B (56.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| External Customers | $3.8B | 56.2% |
| DS Smith Packaging | $2.1B | 31.0% |
| Other | $864.0M | 12.8% |
International Paper Revenue by Segment — Quarterly Trend
International Paper revenue by segment across the last 4 reported quarters, showing how each business line (such as External Customers and DS Smith Packaging) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| External Customers | — | — | $3.9B | $3.8B |
| DS Smith Packaging | — | $2.3B | $2.2B | $2.1B |
| Other | — | $2.4B | $163.0M | $864.0M |
International Paper Annual Revenue by Year
International Paper annual revenue history includes year-by-year totals (for example, 2025 revenue was $23.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $23.6B |
| 2024 | $18.6B |
| 2023 | $18.9B |
| 2022 | $21.2B |
International Paper Quarterly Revenue & Net Profit History
International Paper results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $6.0B | -0.6% | $60.0M | 1.0% |
| Q4 FY2025 | $4.7B | +3.6% | $-2.4B | -50.3% |
| Q3 FY2025 | $6.2B | +32.8% | $-1.1B | -17.7% |
| Q2 FY2025 | $6.8B | +42.9% | $75.0M | 1.1% |
| Q1 FY2025 | $5.9B | +27.8% | $-105.0M | -1.8% |
| Q4 FY2024 | $4.6B | -0.5% | $-147.0M | -3.2% |
| Q3 FY2024 | $4.7B | +1.6% | $150.0M | 3.2% |
| Q2 FY2024 | $4.7B | +1.1% | $498.0M | 10.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.73B | $4.69B | $4.58B | $5.90B | $6.77B | $6.22B | $4.74B | $5.97B |
| YoY Growth | 1.1% | 1.6% | -0.5% | 27.8% | 42.9% | 32.8% | 3.6% | -0.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $23.06B | $23.16B | $22.80B | $41.17B | $42.38B | $40.57B | $37.96B | $36.43B |
| Liabilities | $14.47B | $14.53B | $14.63B | $23.08B | $23.76B | $23.25B | $23.14B | $21.63B |
| Equity | $8.60B | $8.63B | $8.17B | $18.09B | $18.62B | $17.32B | $14.83B | $14.81B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $365.0M | $521.0M | $397.0M | $-288.0M | $476.0M | $605.0M | $905.0M |