Smurfit WestrockSWEarnings & Financial Report
Smurfit Westrock plc is an Irish company based in Dublin, Ireland that manufactures corrugated and paper-based packaging. Its stock is listed on the New York Stock Exchange and the London Stock Exchange.
Revenue
$7.6B
Gross Profit
$1.4B
Operating Profit
$389.0M
Net Profit
$97.0M
Gross Margin
18.2%
Operating Margin
5.1%
Net Margin
1.3%
YoY Growth
0.5%
EPS
$0.18
Smurfit Westrock Q4 FY2025 Financial Summary
Smurfit Westrock reported revenue of $7.6B (up 0.5% YoY) for Q4 FY2025, with a net profit of $97.0M (down 33.6% YoY) (1.3% margin). Cost of goods sold was $6.2B, operating expenses totaled $993.0M.
Key Financial Metrics
| Total Revenue | $7.6B |
|---|---|
| Net Profit | $97.0M |
| Gross Margin | 18.2% |
| Operating Margin | 5.1% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Smurfit Westrock Q4 FY2025 revenue of $7.6B breaks down across 3 segments, led by Packaging at $3.3B (43.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Packaging | $3.3B | 43.4% |
| Other | $3.2B | 42.6% |
| Paper | $1.1B | 14.0% |
Smurfit Westrock Revenue by Segment — Quarterly Trend
Smurfit Westrock revenue by segment across the last 4 reported quarters, showing how each business line (such as Packaging and Other) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Packaging | — | $3.3B | $3.5B | $3.6B |
| Other | — | $3.2B | $3.4B | $3.3B |
| Paper | — | $1.1B | $1.1B | $1.1B |
Smurfit Westrock Annual Revenue by Year
Smurfit Westrock annual revenue history includes year-by-year totals (for example, 2025 revenue was $31.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $31.2B |
| 2024 | $21.1B |
Smurfit Westrock Quarterly Revenue & Net Profit History
Smurfit Westrock 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 | $7.7B | +0.7% | $63.0M | 0.8% |
| Q4 FY2025 | $7.6B | +0.5% | $97.0M | 1.3% |
| Q3 FY2025 | $8.0B | +4.3% | $246.0M | 3.1% |
| Q2 FY2025 | $7.9B | +167.4% | $-28.0M | -0.4% |
| Q1 FY2025 | $7.7B | +161.3% | $384.0M | 5.0% |
| Q4 FY2024 | $7.5B | — | $146.0M | 1.9% |
| Q3 FY2024 | $7.7B | — | $-150.0M | -2.0% |
| Q2 FY2024 | $3.0B | — | $132.0M | 4.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.97B | $7.67B | $7.54B | $7.66B | $7.94B | $8.00B | $7.58B | $7.71B |
| YoY Growth | N/A | N/A | N/A | 161.3% | 167.4% | 4.3% | 0.5% | 0.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $26762 | $45.03B | $43.76B | $44.65B | $45.75B | $45.57B | $45.16B | $45.17B |
| Liabilities | $12300 | $27.04B | $26.37B | $26.76B | $27.42B | $27.11B | $26.80B | $27.09B |
| Equity | $14462 | $17.96B | $17.36B | $17.86B | $18.30B | $18.43B | $18.33B | $18.08B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $340.0M | $320.0M | $781.0M | $235.0M | $829.0M | $1.13B | $1.20B | $204.0M |