Every 10-Q that Rayonier Inc. (RYN) 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 RYN 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 RYN filings page.
Rayonier Inc. and its operating partnership reported Q2 2026 sales of $396.5 million and net income attributable to Rayonier Inc. of $19.1 million, with six‑month 2026 sales of $673.3 million and net income of $6.7 million. Continuing operations generated income of $19.2 million in Q2 and $6.7 million year‑to‑date, while prior‑year results were dominated by a large gain on sale of New Zealand operations now classified as discontinued.
On January 30, 2026, Rayonier completed a merger‑of‑equals with PotlatchDeltic, issuing about 140.9 million shares and transferring total consideration of $3.28 billion, adding timberlands, seven wood products mills, and a new Wood Products segment. Assets rose to $7.46 billion and long‑term debt to $1.86 billion. For the first half of 2026, reportable segments produced Adjusted EBITDA of $249.3 million, and pro forma information shows the combined business would have turned a prior‑year pro forma loss from continuing operations into income of $77.3 million. Subsequent to quarter‑end, Rayonier executed like‑kind timberland exchanges with RMS involving 36,000 acres sold for $145.0 million and 57,000 acres acquired for $146.0 million.
Rayonier Inc. reported first-quarter 2026 results that include the impact of its merger with PotlatchDeltic. Sales rose to $276.8 million from $82.9 million a year earlier, but the company posted a net loss attributable to Rayonier of $12.4 million, or $0.05 per share, largely reflecting $70.4 million of merger-related costs and purchase accounting effects.
The PotlatchDeltic merger created a combined platform with about 4.1 million acres of timberlands and seven wood products mills, and total consideration of roughly $3.28 billion. Cash and cash equivalents were $681.7 million, with total principal debt of $2.06 billion, and covenant leverage remained within required limits.
Rayonier Inc. (RYN) reported stronger Q3 2025 results. Sales were $177.5 million versus $124.1 million a year ago, lifting operating income to $41.7 million from $18.8 million. Net income was $43.7 million versus $30.4 million, and diluted EPS from continuing operations was $0.28, unchanged from $0.15 a year ago to $0.28 total as discontinued operations were not a Q3 driver this year.
Year-to-date performance was shaped by the sale of the New Zealand joint venture, which produced a $404.5 million gain and net cash proceeds of $688.3 million. Cash and cash equivalents rose to $919.6 million at September 30, 2025, from $303.1 million at year-end, while long-term debt declined to $845.1 million from $1.04 billion; current maturities were $200.0 million. The company paid quarterly dividends of $0.2725 per share and completed a special $1.80 per-share dividend paid on January 30, 2025. Shares outstanding were 153,899,831 as of October 31, 2025.
Rayonier (RYN) reported a quarter driven by a large divestiture: Net income for the three months ended June 30, 2025 was $413.6 million, primarily reflecting a $404.5 million gain on the sale of its 77% New Zealand operations. The sale generated net proceeds of $698.6 million and a final purchase price adjustment of $0.7 million is expected in Q3. Cash and cash equivalents rose sharply to approximately $892.3 million at June 30, 2025, up from $303.1 million at year-end 2024.
Performance of continuing operations was modest: Income from continuing operations was $9.8 million for the quarter, with total sales of $106.5 million. For the six months, revenue declined to $189.5 million from $213.3 million a year earlier and cash provided by operating activities was $88.7 million versus $107.6 million in 2024. Long-term debt, net decreased to $844.9 million but current maturities of long-term debt of $199.96 million appear on the June 30, 2025 balance sheet. The gain on sale of discontinued operations is not subject to income tax because it relates to a partnership interest.