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AI English summary of an SEC filing — figures as filed

International Paper logoInternational Paper IP

International Paper said net loss for Q1 2025 was $(105) million ($(0.24) per diluted share), and Adjusted operating earnings, a non-GAAP measure, was $101 million ($0.23 per diluted share). Net earnings in the year-ago quarter were $56 million.

10-QQuarterly reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. International Paper said net loss for Q1 2025 was $(105) million ($(0.24) per diluted share), and Adjusted operating earnings, a non-GAAP measure, was $101 million ($0.23 per diluted share). Net earnings in the year-ago quarter were $56 million.

  2. The company completed the DS Smith acquisition on January 31, 2025, issuing 178,126,631 new shares, with total purchase consideration of approximately $9.9 billion. It said results for Q1 reflected 2 months of sales and earnings from the acquisition.

  3. International Paper said cash provided by operations for the first 3 months of 2025 was $(288) million, and working capital components totaled $(622) million. The company added that severance payments of approximately $80 million and DS Smith-related transaction costs of approximately $240 million had a $670 million impact on operating cash flow.

  4. International Paper said operating profit in Packaging Solutions North America for Q1 2025 was $142 million, down from $228 million in the prior quarter, and included an operating loss of $9 million for DS Smith North America for 2 months following the acquisition. The company also said it received $30 million in insurance recoveries related to the Ixtac plant fire.

Key figures

Quarter ended March 31, 2025

Revenue
$5.9B
Net income
−$105M
EPS
−$0.24
Operating cash flow
−$288M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q1 Net Loss and Adjusted Operating Earnings

International Paper said net loss for Q1 2025 was $(105) million ($(0.24) per diluted share), and Adjusted operating earnings, a non-GAAP measure, was $101 million ($0.23 per diluted share). Net earnings in the year-ago quarter were $56 million.

Source · Based on the MD&A text of the filing

DS Smith Acquisition Completed; 2 Months Reflected

The company completed the DS Smith acquisition on January 31, 2025, issuing 178,126,631 new shares, with total purchase consideration of approximately $9.9 billion. It said results for Q1 reflected 2 months of sales and earnings from the acquisition.

Source · Based on the MD&A text of the filing

Operating Cash Flow for First 3 Months

International Paper said cash provided by operations for the first 3 months of 2025 was $(288) million, and working capital components totaled $(622) million. The company added that severance payments of approximately $80 million and DS Smith-related transaction costs of approximately $240 million had a $670 million impact on operating cash flow.

Source · Based on the MD&A text of the filing

Packaging Solutions North America Operating Profit

International Paper said operating profit in Packaging Solutions North America for Q1 2025 was $142 million, down from $228 million in the prior quarter, and included an operating loss of $9 million for DS Smith North America for 2 months following the acquisition. The company also said it received $30 million in insurance recoveries related to the Ixtac plant fire.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.