Every 10-Q that Rayonier Advanced Materials Inc. (RYAM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RYAM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RYAM filings page.
Rayonier Advanced Materials Inc. reported second-quarter 2026 net sales of $376 million, up 11% from a year earlier, but recorded an operating loss of $7 million and a net loss attributable to RYAM of $33 million. Gross margin was 6.1%.
Results were heavily affected by restructuring and market-related actions. In the first half, the company booked $41 million of non-cash Temiscaming High Purity Cellulose permanent idling charges and a $13 million non-cash impairment of its High Yield Pulp plant, contributing to a six‑month operating loss of $72 million and net loss of $114 million. High Purity Cellulose segment net sales rose to $301 million with operating income of $29 million, driven by a 21% increase in Cellulose Specialties pricing despite lower volumes, while Paperboard & High Yield Pulp posted a $27 million quarterly operating loss amid weaker pricing and the impairment.
Liquidity comprised $57 million of cash and $88 million of availability under credit and factoring facilities, for total liquidity of $145 million; total debt was $775 million, resulting in an 80% debt-to-capital ratio, and all debt covenants were in compliance. The company is conducting a strategic alternatives review expected to conclude in the fourth quarter of 2026 and is pursuing trade remedies and new eSAF projects while managing substantial long-term environmental obligations.
Rayonier Advanced Materials reported a much wider loss in Q1 2026 as it permanently idled part of its Temiscaming operations. Net sales fell to $319 million from $353 million, and net loss attributable to RYAM widened to $81.6 million, or $(1.22) per share.
Operating loss increased to $65 million, driven by $41 million of non-cash Temiscaming HPC permanent idling charges and weaker cellulose specialties and paperboard demand. Despite this, the company generated $32 million of operating cash flow, spent $20 million on net capital expenditures and ended the quarter with $68 million of cash and $763 million of debt, a 77% debt-to-capital ratio. Management still targets higher 2026 EBITDA than 2025 and positive free cash flow.
Rayonier Advanced Materials (RYAM) reported Q3 2025 results showing lower sales but improved operating performance. Net sales were $352,837, down from $401,103 a year ago. Operating income was $9,738 versus a loss of $16,800, and net loss narrowed to $4,426 (loss per share $0.07) from $32,598 (loss per share $0.49). Interest expense rose to $24,765.
For the first nine months, RYAM recorded a net loss of $399,557, driven by a full valuation allowance on Canadian deferred tax assets, resulting in income tax expense of $323,237 and an effective tax rate of (415.8)%. Cash used in operating activities was $8,349 versus $148,690 provided last year. Cash ended at $77,030. Total debt was $793,612, including a $696,500 2029 Term Loan and $59,400 drawn on the ABL facility.
Environmental liabilities totaled $181,350 after increases tied to Port Angeles and Augusta remedial plans. Stockholders’ equity was $338,214. The company had 67,005,593 shares outstanding as of November 3, 2025.