International Paper (IP) financial statements
- FY2025 revenue
- $23.6B▲ +49.3%
- FY2025 net income
- −$3.5B▼ −731.2%
- FY2025 diluted EPS
- −$6.95▼ −542.7%
- FY2025 free cash flow
- −$159M▼ −121.0%
International Paper income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 23,634 | 15,835 | 16,033 |
| Pretax income | -3,368 | 369 | 402 |
| Net income | -3,516 | 557 | 288 |
| Diluted earnings per share | -6.95 | 1.57 | 0.82 |
International Paper balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 1,145 | 1,062 | 1,113 |
| Total assets | 37,964 | 22,800 | 23,261 |
| Total liabilities (derived) | 23,137 | 14,627 | 14,906 |
| Total equity | 14,827 | 8,173 | 8,355 |
| Long-term debt | 8,839 | 5,362 | 5,455 |
International Paper cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 1,698 | 1,678 | 1,833 |
| Capital expenditure | -1,857 | -921 | -1,141 |
| Free cash flow (derived) | -159 | 757 | 692 |
| Dividends paid | -977 | -643 | -642 |
| Share repurchases | -65 | -23 | -218 |
Quarterly highlights
| USD millions | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 | 30 Sep 2025 |
| Revenue | 6,004 | 5,971 | 6,006 | 6,222 |
| Net income | -12 | 60 | -2,384 | -1,102 |
| Diluted earnings per share | -0.02 | 0.11 | -4.52 | -2.09 |
| Operating cash flow (derived) | 526 | 611 | 905 | 605 |
| Total assets | 36,521 | 36,434 | 37,964 | 40,568 |
International Paper major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Capital Research Global Investors | 14.8% | 78,548,948 | 14 May 2026 |
| T. Rowe Price Associates, Inc. | 9.3% | 49,210,826 | 15 May 2026 |
| BlackRock, Inc. | 8.9% | 46,899,070 | 29 July 2026 |
| Vanguard Capital Management | 7.5% | 39,684,544 | 30 April 2026 |
| STATE STREET CORPORATION | 5.4% | 28,487,942 | 13 May 2025 |
International Paper 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 28 October 2026 | 8-K | Current report | Current report |
| 8 October 2026 | 8-K | Current report | Current report |
| 5 August 2026 | 10-Q | Quarterly report | Quarterly report |
| 30 July 2026 | 8-K | Current report | Current report |
| 17 July 2026 | 8-K | Current report | Current report |
| 11 May 2026 | 8-K | Current report | Current report |
| 5 May 2026 | 10-Q | Quarterly report | Quarterly report |
| 30 April 2026 | 8-K | Current report | Current report |
Common questions
What was International Paper's revenue in fiscal 2025?
International Paper reported $23.6 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 49.3% from fiscal 2024.
What was International Paper's net income in fiscal 2025?
International Paper reported a net loss of $3.5 billion for fiscal 2025, the year ended 31 December 2025. Diluted earnings per share were −$6.95.
What was International Paper's free cash flow in fiscal 2025?
International Paper had negative free cash flow of $159 million in fiscal 2025. Operating cash flow was $1.7 billion and capital expenditure was $1.9 billion.
What were International Paper's total assets at the end of fiscal 2025?
International Paper reported total assets of $38.0 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much International Paper history does each plan include?
Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.
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