Clearwater Paper Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,538	1,555	1,384	1,136	1,195	1,773
Revenue Growth (YoY)	2.30%	12.42%	21.80%	-4.94%	-32.58%	-5.14%
Cost of Revenue	1,460	1,440	1,308	935.3	982.5	1,590
Gross Profit	78	115.6	76.1	200.7	212.5	182.6
Selling, General & Admin	92.5	100.8	116.7	119.4	110	112.9
Other Operating Expenses	34	56.9	24	3.2	3.2	57.7
Total Operating Expenses	126.5	157.7	140.7	122.6	113.2	170.6
Operating Income	-48.5	-42.1	-64.5	78.1	99.3	12
Interest Expense	-18.4	-16.8	-29.2	-9.5	-11.2	-36.4
Other Non-Operating Income (Expense)	-2	-1.2	-7.3	-3	-6.2	-11.4
Total Non-Operating Income (Expense)	-20.1	-18	-36.5	-12.5	-17.4	-47.8
Pretax Income	-68.6	-60.1	-101	65.6	81.9	-35.7
Provision for Income Taxes	9.1	-	-	-	-29.2	7.7
Net Income	-25.1	-18.6	196.3	107.7	46	-28.1
Earnings From Discontinued Operations	34.2	30.9	343.6	137.6	-6.7	-
Net Income to Common	-25.1	-18.6	196.3	107.7	46	-28.1
Net Income Growth	-	-	82.27%	134.13%	-	-
Shares Outstanding (Basic)	16	16	17	17	17	17
Shares Outstanding (Diluted)	16	16	17	17	17	17
Shares Change (YoY)	-2.79%	-3.65%	-1.81%	-0.52%	2.47%	0.26%
EPS (Basic)	-1.54	-1.15	11.70	6.39	2.71	-1.67
EPS (Diluted)	-1.54	-1.15	11.70	6.30	2.68	-1.67
EPS Growth	-	-	85.71%	135.07%	-	-
Shares Outstanding	16.13	16.04	16.45	16.48	16.76	16.69
Free Cash Flow	-53.9	-76.5	-55.2	117	116.7	58
Free Cash Flow Growth	-	-	-	0.26%	101.21%	-72.04%
Free Cash Flow Per Share	-3.34	-4.73	-3.29	6.85	6.79	3.46
Gross Margin	5.07%	7.43%	5.50%	17.67%	17.78%	10.30%
Operating Margin	-3.15%	-2.71%	-4.66%	6.88%	8.31%	0.68%
Profit Margin	-4.37%	-3.41%	-5.35%	4.29%	8.31%	-2.45%
FCF Margin	-3.51%	-4.92%	-3.99%	10.30%	9.77%	3.27%
EBITDA	45.3	50.3	35.3	176.7	202.6	117
EBITDA Margin	2.95%	3.23%	2.55%	15.55%	16.95%	6.60%
EBIT	-48.5	-42.1	-64.5	78.1	99.3	12
EBIT Margin	-3.15%	-2.71%	-4.66%	6.88%	8.31%	0.68%
Effective Tax Rate	-13.27%	0.00%	0.00%	0.00%	-35.65%	-21.57%

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q