Clearwater Paper Reports Third Quarter 2026 Results
Business Wire•26/10/2026•16:05 ET
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Key Highlights
- ➤Q3 net sales $385 million, down from $399 million amid lower market pricing
- ➤Q3 net loss narrowed to $2 million, or $0.10 per diluted share
- ➤Q3 Adjusted EBITDA rose to $24 million from $18 million year over year
- ➤Average selling price increased $34 per ton versus Q2 2026
- ➤Refinancing extended all debt maturities; net debt fell $56 million year to date
Expert Statements
Arsen Kitch, President and Chief Executive Officer of Clearwater Paper Corporation
“We delivered strong commercial execution during the quarter, with average selling prices increasing versus the second quarter. We successfully implemented our first announced price increase and continue to make meaningful progress on implementing the second increase.”
Arsen Kitch, President and Chief Executive Officer of Clearwater Paper Corporation
“Our volumes and costs were negatively affected by a significant operational disruption at our Augusta mill late in the third quarter, with the impact being largely offset by a portion of RWI settlements. Operational Issues have continued into October, but we are making progress getting the mill back to normal operating conditions.”
Arsen Kitch, President and Chief Executive Officer of Clearwater Paper Corporation
“We are optimistic about a continued recovery in SBS industry conditions, even as we face cost headwinds in transportation and chemicals. RISI is forecasting improved pricing later this quarter and into next year, which should help us recover some of the cost increases that we’ve faced and put us on the path towards our cross-cycle Adjusted EBITDA margins and cash flows.”
Clearwater Paper Corporation (NYSE:CLW), a premier independent supplier of bleached paperboard to North American converters today reported financial results for the third quarter ended September 30, 2026.
* Net sales of $385 million versus $399 million in the third quarter of 2025, primarily driven by lower market pricing
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