International Paper Company has reported its full-year (FY) 2025 and fourth quarter (Q4) 2025 financial results. For FY 2025, the company posted net sales of USD 23.6 billion. The loss from continuing operations for the year was USD 2.8 billion, which includes a USD 2.5 billion pre-tax non-cash goodwill impairment charge, USD 960 million non-cash accelerated depreciation associated with asset rationalization decisions, and USD 630 million in restructuring charges. Adjusted EBITDA (non-GAAP) from continuing operations was USD 3.0 billion. Cash provided by operating activities reached USD 1.7 billion, and free cash flow (non-GAAP) was negative at USD 160 million. For Q4 2025, International Paper Company reported net sales of USD 6.0 billion and a loss from continuing operations of USD 2.4 billion, primarily due to the USD 2.5 billion pre-tax non-cash goodwill impairment charge. The company also announced plans to create two independent public companies.

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