For the quarter ending 2025-09-30, IP made $6,222M in revenue. -$1,102M in net income. Net profit margin of -17.71%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net sales | 6,222 | 6,767 | 5,901 | 4,580 |
| Cost of products sold | 4,287 | 4,876 | 4,259 | 3,250 |
| Selling and administrative expenses | 493 | 578 | 530 | 521 |
| Depreciation and amortization | 1,099 | 480 | 571 | 499 |
| Distribution expenses | 524 | 578 | 483 | 348 |
| Taxes other than payroll and income taxes | 40 | 49 | 93 | 34 |
| Restructuring charges, net | 342 | 39 | 83 | 162 |
| Net (gains) losses on sales and impairments of businesses | - | - | - | 0* |
| Net (gains) losses on sales of equity method investments | - | - | - | 0* |
| Net (gains) losses on sales of fixed assets | - | - | 67 | 58 |
| Net (gains) losses on sales and impairments of businesses | -16 | 51 | - | - |
| Net (gains) losses on mark to market investments | - | - | - | 0* |
| Net (gains) losses on sales and impairments of assets | -15 | 0 | - | - |
| Interest expense, net | -85 | -107 | -81 | -56 |
| Non-operating pension expense (income) | -4 | -5 | 3 | -8 |
| Earnings (gain) from continuing operations before income taxes and equity earnings (gain) | -675 | 116 | -135 | -224 |
| Tax expense (benefit) using statutory u.s. income tax rate | - | - | - | 8* |
| State and local income taxes | - | - | - | -15* |
| Impact of rate differential on non-u.s. permanent differences and earnings | - | - | - | -6* |
| Foreign valuation allowance | - | - | - | 0* |
| Tax benefit on exchange of sylvamo shares | - | - | - | 0* |
| Non-taxable income | - | - | - | -1* |
| Non-deductible business expenses | - | - | - | 5* |
| Non-deductible impairments | - | - | - | 0* |
| Non-deductible compensation | - | - | - | 2* |
| Tax audits | - | - | - | 0* |
| Deferred income tax provision (benefit), net | - | - | - | 0* |
| Effective income tax rate reconciliation, fdii, amount | - | - | - | 0* |
| Effective income tax rate reconciliation, gilti, amount | - | - | - | 8* |
| Foreign tax credits | - | - | - | 2* |
| General business and other tax credits | - | - | - | 8* |
| Tax expense (benefit) on equity earnings | - | - | - | 0* |
| Legal entity restructuring expense (benefit) | - | - | - | -72* |
| Other, net | - | - | - | 0* |
| Income tax provision (benefit) | -250 | 40 | -31 | -78 |
| Equity earnings (loss), net of taxes | -1 | -1 | -1 | -1 |
| Earnings (loss) from continuing operations | -426 | - | - | - |
| Net sales | 634 | - | - | - |
| Cost of products sold | 377 | - | - | - |
| Selling and administrative expenses | 50 | - | - | - |
| Depreciation and amortization | 35 | - | - | - |
| Distribution expenses | 63 | - | - | - |
| Taxes other than payroll and income taxes | 6 | - | - | - |
| Restructuring charges, net | -5 | - | - | - |
| Net loss on impairment of business | -1,008 | - | - | - |
| Interest expense, net | 2 | - | - | - |
| Earnings (loss) before income taxes and equity earnings (loss) | -902 | - | - | - |
| Earnings (gain) from continuing operations | - | - | - | -147 |
| Income tax provision (benefit) | -226 | - | - | - |
| Discontinued operations, net of taxes | -676 | - | - | 0 |
| Net earnings (loss) | -1,102 | 75 | -105 | -147 |
| Basic EPS | -2.09 | 0.14 | -0.24 | -0.423 |
| Diluted EPS | -2.09 | 0.14 | -0.24 | -0.406 |
| Basic Average Shares | 528,000,000 | 527,900,000 | 437,600,000 | 347,400,000 |
| Diluted Average Shares | 528,000,000 | 532,600,000 | 437,600,000 | 362,100,000 |
INTERNATIONAL PAPER CO NEW (IP)
INTERNATIONAL PAPER CO NEW (IP)