SEALED AIR CORPSEEEarnings & Financial Report
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
Revenue
$1.3B
Gross Profit
$416.0M
Operating Profit
$205.6M
Net Profit
$98.3M
Gross Margin
31.2%
Operating Margin
15.4%
Net Margin
7.4%
YoY Growth
-2.4%
EPS
$0.67
SEALED AIR CORP Q2 FY2024 Financial Summary
SEALED AIR CORP reported revenue of $1.3B (down 2.4% YoY) for Q2 FY2024, with a net profit of $98.3M (down 0.8% YoY) (7.4% margin). Cost of goods sold was $917.4M, operating expenses totaled $210.4M.
Key Financial Metrics
| Total Revenue | $1.3B |
|---|---|
| Net Profit | $98.3M |
| Gross Margin | 31.2% |
| Operating Margin | 15.4% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
SEALED AIR CORP Q2 FY2024 revenue of $1.3B breaks down across 3 segments, led by Food Care at $594.7M (44.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Food Care | $594.7M | 44.6% |
| Other | $450.0M | 33.7% |
| Protective | $288.7M | 21.7% |
SEALED AIR CORP Revenue by Segment — Quarterly Trend
SEALED AIR CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Food Care and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Other | $292.0M | $493.3M | $468.4M | $152.2M |
| Protective | — | — | — | $261.7M |
SEALED AIR CORP Annual Revenue by Year
SEALED AIR CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $5.3B |
| 2024 | $5.3B |
| 2023 | $5.4B |
| 2022 | $5.6B |
SEALED AIR CORP Quarterly Revenue & Net Profit History
SEALED AIR CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.4B | +2.6% | $43.8M | 3.1% |
| Q3 FY2025 | $1.3B | +0.5% | $255.1M | 19.0% |
| Q2 FY2025 | $1.3B | -0.6% | $93.1M | 7.0% |
| Q1 FY2025 | $1.3B | -4.2% | $113.5M | 9.0% |
| Q4 FY2024 | $1.4B | -0.2% | $-7.3M | -0.5% |
| Q3 FY2024 | $1.3B | -2.6% | $91.7M | 6.9% |
| Q2 FY2024 | $1.3B | -2.4% | $98.3M | 7.4% |
| Q1 FY2024 | $1.3B | -1.5% | $82.0M | 6.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.32B | $1.33B | $1.34B | $1.36B | $1.27B | $1.33B | $1.34B | $1.39B |
| YoY Growth | -1.5% | -2.4% | -2.6% | -0.2% | -4.2% | -0.6% | 0.5% | 2.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.20B | $7.27B | $7.32B | $7.02B | $7.05B | $7.25B | $7.08B | $7.01B |
| Liabilities | $6.60B | $6.62B | $6.55B | $6.40B | $6.25B | $6.29B | $5.89B | $5.78B |
| Equity | $598.3M | $650.1M | $771.2M | $624.5M | $797.9M | $953.1M | $1.19B | $1.24B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $125.1M | $188.2M | $170.5M | $244.2M | $31.9M | $136.6M | $165.9M | $293.6M |