International Paper reports Q3 loss despite EBITDA growth

International Paper has released its financial results for Q3 2025. Despite operational improvements, the company reported a net loss driven by restructuring activities and mill closures.

According to the report, loss from continuing operations totaled $426 million, while adjusted operating loss (non-GAAP) was $224 million. Net sales for the quarter reached $6.2 billion, and adjusted EBITDA from continuing operations amounted to $859 million.

The results include $675 million in accelerated depreciation associated with mill closures and the company’s 80/20 strategic initiatives. Overall, net loss for the quarter was $1.1 billion, which includes a $676 million loss from discontinued operations.

International Paper’s Chairman and CEO Andy Silvernail emphasized that the company continues to advance its transformation plan aimed at improving profitability and optimizing its portfolio structure. He added that, despite ongoing demand softness, International Paper remains focused on accelerating its transformation, exiting non-core operations, and reinvesting in its most strategic assets.