For the Q2 2025, Clearwater Paper reported net sales of $392 million compared to $344 million for the Q2 2024.
Clearwater Paper reported net income from continuing operations in the Q2 2025 of $4 million, or $0.22 per diluted share compared to net loss from continuing operations of $42 million, or $2.50 per diluted share for the Q2 2024.
Adjusted EBITDA was $40 million compared to negative $9 million in the Q2 2024. The increase in Adjusted EBITDA was primarily driven by higher sales volume due to the inclusion of its Augusta facility, timing on planned major maintenance outages and benefits from cost reduction plan, offset by lower sales prices and lack of insurance proceeds realized in the Q2 2024 related to a significant weather event which occurred at its Lewiston, Idaho facility in the Q1 2024.
For the first six months of 2025, Clearwater Paper reported net sales of $770 million compared to $603 million for the first six months of 2024.
Clearwater Paper reported net loss from continuing operations in the first six months of 2025 of $2 million, or $0.14 per diluted share compared to net loss from continuing operations of $44 million, or $2.62 per diluted share for the first six months of 2024.
Adjusted EBITDA was $70 million compared to $6 million in the first six months of 2024.
“As the industry continues to experience an oversupply position, we remain focused on what is within our control, namely strong operational execution, reducing our fixed costs, and maintaining share with our customers. These actions will continue to help us navigate this industry down cycle and position us well for a recovery,” said Arsen Kitch, President and CEO.
Clearwater Paper is a premier independent supplier of paperboard packaging products to North American converters.
