Earnings Releases·Oct 29, 2026, 8:15 AM ET

Ranpak Holdings Corp. — Third Quarter 2026 Earnings Summary

Net revenue rose 2.3% year-over-year to $101.9 million in Q3 2026, while net loss narrowed to $7.2 million from $10.4 million in the prior year period; adjusted EBITDA increased 5.1% to $22.5 million.
Management reaffirmed prior full-year 2026 guidance despite recent volatility, with the Automation segment on track for approximately $60 million in annual revenue and expected to return to growth in Europe/Asia during Q4.
Year-to-date net revenue grew 8.9% to $308.3 million, and operating cash flow improved significantly to $24.8 million for the nine months ended September 30, 2026, compared to $3.6 million in the prior year.
The company maintains a strong liquidity position with $53.4 million in cash, no borrowings on its $50.0 million revolving credit facility, and $47.1 million in net availability.