Earnings Releases·Nov 3, 2026, 4:19 PM ET

Eastman Kodak Company — Third Quarter 2026 Earnings Summary

Consolidated revenues rose 3% year-over-year to $276 million, while GAAP net income increased to $21 million from $13 million in Q3 2025, driven by a 7% gross profit gain and significantly lower interest expense ($3 million vs. $18 million).
Advanced Materials & Chemicals (AM&C) emerged as the primary growth engine with 21% revenue growth to $99 million and $21 million in Operational EBITDA, offsetting a 7% decline in Print segment revenue to $165 million.
Management reaffirmed confidence in its long-term plan and profitable growth outlook, though SG&A expenses rose 22% to $50 million due to higher equity compensation and benefit accruals.
The company repaid $101 million in Term Loans during the quarter and generated $25 million in operating cash flow, resulting in a year-end cash balance of $317 million and reduced total liabilities to $809 million.
No specific guidance changes were announced; however, the company highlighted risks from commodity price fluctuations (aluminum, silver), tariffs, and supply chain constraints.