Every 10-Q that Smurfit Westrock plc (SW) 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 SW 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 SW filings page.
Smurfit Westrock plc reported Q2 2026 net sales of $8,031 million, slightly above $7,940 million a year earlier, driven mainly by favorable foreign exchange partly offset by weaker price/mix. Net income attributable to common shareholders was $89 million (basic and diluted EPS $0.17), versus a $28 million loss in Q2 2025, helped by lower impairment and restructuring charges and lower raw material costs, partly offset by higher freight, depreciation and energy expenses.
For the first half of 2026, net sales were $15,743 million compared with $15,596 million in 2025, while net income attributable to common shareholders declined to $154 million from $356 million as higher freight, depreciation, downtime, energy and weather-related costs outweighed lower raw material and impairment charges and reduced integration costs. Operating cash flow was $969 million, down from $1,064 million, and capital expenditures rose to $1,089 million. Total debt was $14,164 million and shareholders’ equity $18,036 million, with North America Adjusted EBITDA lower and Europe, MEA and APAC higher year over year.
Smurfit Westrock delivered modestly higher net sales but sharply lower profit for the three months ended March 31, 2026. Net sales edged up to $7,712 million from $7,656 million, mainly from a positive foreign currency impact that offset weaker volumes.
Net income attributable to common shareholders fell to $65 million from $384 million, and diluted EPS declined to $0.12 from $0.73. Management cites higher cost of goods sold driven by economic downtime, $70 million of accelerated depreciation tied to machine closures, adverse weather impacts of $65 million and higher freight costs, partly offset by lower volumes. Adjusted EBITDA declined to $1,076 million from $1,252 million.
Operating cash flow decreased to $204 million from $235 million, while the company stepped up capital expenditures to $624 million. Total debt rose to $14,255 million, but available liquidity remained sizable at $5,337 million, including $674 million of cash. The board approved a quarterly dividend of $0.4523 per share, payable in June 2026.
Smurfit Westrock plc reported Q3 2025 results reflecting post‑merger scale and ongoing integration. Net sales were $8,003 million, operating profit $526 million, and net income $246 million, or diluted EPS of $0.47. This compares with Q3 2024 net sales of $7,671 million and a net loss of $150 million.
For the first nine months of 2025, net sales were $23,599 million with operating profit of $1,330 million and net income of $602 million. Cash from operations reached $2,197 million, funding capital expenditures of $1,609 million and cash dividends of $675 million.
The balance sheet shows total assets of $45,569 million, cash and cash equivalents of $851 million, total debt of $14,111 million (including $798 million current), and shareholders’ equity of $18,433 million. Q3 included $65 million of impairment and $7 million of restructuring costs; year‑to‑date these totaled $360 million and $118 million, respectively, tied in part to facility closures announced in April 2025. The company expects $39 million of additional closure‑related charges through 2026. As of October 31, 2025, shares outstanding were 522,186,327.
Smurfit Westrock plc (SW) Q2 2025 highlights: The Combination closed July 5, 2024; net sales were $7,940 million for Q2 and $15,596 million for the six months ended June 30, 2025. Q2 reported a net loss of $26 million (basic EPS $(0.05)), while six-month net income was $356 million (EPS $0.68). Adjusted EBITDA (segment) totaled $1,247 million for Q2 and $2,536 million for six months. Impairment and restructuring charges were $280 million in Q2 ($184 million impairment, $96 million restructuring), largely tied to the April 30, 2025 announced closures.
Liquidity and balance sheet: Cash $778 million; operating cash flow for six months $1,064 million; capital expenditures $999 million; total assets $45,746 million; total liabilities $27,422 million; non-current debt $13,329 million. Dividends paid totaled $450 million for the six months. The purchase price allocation increased goodwill by $51 million to date.