International Paper Company (IP) Earnings Call Transcripts

International Paper Company's Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal 2026, International Paper (IP) reported revenues of $4.2 billion, a decline from the previous year, primarily due to a planned exit from nonstrategic export markets and softer demand in EMEA. Adjusted EBITDA was $425 million, reflecting operational challenges amid significant maintenance outages and the Riverdale conversion. Management lowered the top end of its full-year adjusted EBITDA guidance to a range of $2.35 billion to $2.45 billion, citing macroeconomic headwinds and geopolitical uncertainties affecting demand and costs.

Reported metrics

Guidance from management

Management expects adjusted EBITDA for the third quarter of Packaging Solutions North America to be approximately $555 million to $585 million, factoring in the Pine Hill impact. They maintained a full-year adjusted EBITDA outlook of $2.35 billion to $2.45 billion, reflecting macroeconomic headwinds.

What management said

Yes. Let me touch on the insurance piece real quick. I mean our intention is we think that there's a likelihood that a majority of that will be reimbursed. -- we are endeavoring to make sure that we try to match that as close to the periods that are impacted as possible to avoid the noise and some of the sequential comp comparisons. So -- we're focused on it. It's still early days. Majority of it is around the busine...

Yes, I'll cover the first question. I think the confusion there was we're up 1.7%. I think the 3% was what we thought we'd be in terms of versus the market. There is a difference there. I think that's where you're getting a 3% because nothing has changed from our expectations in terms of where we're falling a we're right kind of where we thought we would be. Add more color on...

What analysts pressed on

Analysts expressed concerns regarding the impact of geopolitical tensions on demand and pricing, particularly in EMEA. There were also questions about the sustainability of box volume growth and the effectiveness of cost management initiatives in the current economic environment.

Main topics on the call

• Revenue Decline — International Paper's revenue decreased due to the exit from nonstrategic export markets and softer demand in EMEA. Management stated, "overall sales declined due to the planned exit of our nonstrategic export business f...
• Operational Performance — Despite challenges, operational performance exceeded expectations, with management noting, "operational performance was stronger than we anticipated." This was driven by improved mill performance and execution of strateg...
• Box Volume Growth — North American box volumes grew by 1.7% year-over-year, with management expecting to outpace the industry by approximately 2% for the full year. They emphasized that this growth reflects strengthened customer relationshi...
• Cost Management Initiatives — Management highlighted significant cost-out actions, stating, "we've taken significant steps to transform the EMEA business," which includes consolidating operations and optimizing the asset base to improve competitivene...

Read the full International Paper Company transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 71 International Paper Company earnings call transcripts on record, spanning January 30, 2020 to July 30, 2026. Based on this history, International Paper Company reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

IP

Exchange

NYSE

Country

US

Sector

Materials

Industry

Containers and Packaging

Calls on record

71

First call

January 30, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly