Smurfit Westrock has announced financial results for the second quarter ended June 30, 2026, reporting net sales of $8,031 million, up from $7,940 million a year earlier.
Net income reached $88 million, a net income margin of 1.1%, reversing a net loss of $26 million in the prior-year period. Adjusted EBITDA came in at $1,140 million, with an adjusted EBITDA margin of 14.2%, compared with $1,213 million and 15.3% in Q2 2025. Net cash provided by operating activities was $765 million, versus $829 million a year earlier.
Tony Smurfit, President and CEO, said the quarter was affected by significantly higher input costs, particularly freight, though demand for paper remained strong with a favorable supply/demand backdrop. He noted continued progress in North America through the owner-operator model and pricing initiatives to recover input costs, while the EMEA and APAC region continued to outperform on productivity and service gains. Latin America also delivered a strong performance, with further growth planned through internal investment and acquisition.
The company confirmed it closed a mill in the UK and is proceeding with the closure of eight further converting facilities across Europe and North America as part of its system optimization.
Looking ahead, Smurfit Westrock expects third-quarter adjusted EBITDA of approximately $1.3 billion, with full-year adjusted EBITDA guided in a range of $4.9 billion to $5.1 billion.
The Board approved a quarterly dividend of $0.4523 per ordinary share, payable September 10, 2026, to shareholders of record as of August 14, 2026.
