# International Paper Co: overview

IP · NYSE · CIK 51434 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ip.md) · [Financials](/companies/ip/financials.md) · [Filings](/companies/ip/filings.md) · [Insiders](/companies/ip/insiders.md)

Latest reported revenue: [$6.00bn](/filings/0000051434-26-000123.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000051434-26-000123).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,979](/filings/0000051434-26-000055.md) | [3,922](/filings/0000051434-26-000055.md) | [5,264](/filings/0000051434-26-000074.md) | [6,142](/filings/0000051434-26-000123.md) | [6,222](/filings/0000051434-26-000055.md) | [6,006](/filings/0000051434-26-000055.md) | [5,971](/filings/0000051434-26-000074.md) | [6,004](/filings/0000051434-26-000123.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [6.0%](/filings/0000051434-24-000067.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [3.8%](/filings/0000051434-26-000055.md) | [(3.7%)](/filings/0000051434-26-000055.md) | [(2.0%)](/filings/0000051434-26-000074.md) | [1.2%](/filings/0000051434-26-000123.md) | [(17.7%)](/filings/0000051434-26-000055.md) | [(39.7%)](/filings/0000051434-26-000055.md) | [1.0%](/filings/0000051434-26-000074.md) | [(0.2%)](/filings/0000051434-26-000123.md) |
| Diluted EPS | $ per share | [0.42](/filings/0000051434-26-000055.md) | [(0.42)](/filings/0000051434-26-000055.md) | [(0.24)](/filings/0000051434-26-000074.md) | [0.14](/filings/0000051434-26-000123.md) | [(2.09)](/filings/0000051434-26-000055.md) | [(4.52)](/filings/0000051434-26-000055.md) | [0.11](/filings/0000051434-26-000074.md) | [(0.02)](/filings/0000051434-26-000123.md) |
| Free cash flow | $m | [309 d](/filings/0000051434-25-000074.md) | [137 d](/filings/0000051434-26-000055.md) | [(618)](/filings/0000051434-26-000074.md) | [54.0 d](/filings/0000051434-26-000123.md) | [150 d](/filings/0000051434-25-000074.md) | [255 d](/filings/0000051434-26-000055.md) | [94.0](/filings/0000051434-26-000074.md) | [(7.0) d](/filings/0000051434-26-000123.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [19.4](/filings/0000051434-24-000024.md) | [21.2](/filings/0000051434-25-000013.md) | [16.0](/filings/0000051434-26-000055.md) | [15.8](/filings/0000051434-26-000055.md) | [23.6](/filings/0000051434-26-000055.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [9.0%](/filings/0000051434-24-000024.md) | [7.1%](/filings/0000051434-24-000024.md) | [1.8%](/filings/0000051434-26-000055.md) | [3.5%](/filings/0000051434-26-000055.md) | [(14.9%)](/filings/0000051434-26-000055.md) |
| Diluted EPS | $ per share | [4.47](/filings/0000051434-24-000024.md) | [4.10](/filings/0000051434-25-000013.md) | [0.82](/filings/0000051434-26-000055.md) | [1.57](/filings/0000051434-26-000055.md) | [(6.95)](/filings/0000051434-26-000055.md) |
| Free cash flow | $bn | [1.6](/filings/0000051434-24-000024.md) | [1.2](/filings/0000051434-25-000013.md) | [0.7](/filings/0000051434-26-000055.md) | [0.8](/filings/0000051434-26-000055.md) | [(0.2)](/filings/0000051434-26-000055.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ip/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Capital Research Global Investors](/funds/1422848.md) | 2026-06-30 | $2.99bn | 78,469,265 |  | Reduced −26,334 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.94bn | 50,942,140 |  | Added +4,715,694 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.32bn | 34,552,688 |  | Added +227,953 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $1.26bn | 32,999,909 |  | Added +2,189,597 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $948.6m | 24,898,417 |  | Reduced −101,397 |
| [Capital International Investors](/funds/1562230.md) | 2026-06-30 | $745.3m | 19,562,612 |  | Reduced −17,109,071 |
| [Bank of New York Mellon Corp](/funds/1390777.md) | 2026-06-30 | $689.5m | 18,097,056 |  | Added +4,495,757 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $668.5m | 17,545,873 |  | Added +5,053,669 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $553.2m | 14,574,865 |  | Added +716,275 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $433.0m | 11,365,588 |  | Added +4,302,309 |

## Recent filings

[All 1,681 filings](/companies/ip/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-08 | 17:00 ET | [8-K](/filings/0000051434-26-000140.md) | 9.01 Financial statements and exhibits | 0000051434-26-000140 |
| 2026-08-05 | 17:06 ET | [10-Q](/filings/0000051434-26-000123.md) | Quarterly report, period 2026-06-30 | 0000051434-26-000123 |
| 2026-07-30 | 07:19 ET | [8-K](/filings/0000051434-26-000115.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000051434-26-000115 |
| 2026-07-17 | 16:10 ET | [8-K](/filings/0000051434-26-000112.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000051434-26-000112 |
| 2026-05-11 | 17:09 ET | [8-K](/filings/0000051434-26-000075.md) | 5.07 Shareholder vote results | 0000051434-26-000075 |
| 2026-05-05 | 16:04 ET | [10-Q](/filings/0000051434-26-000074.md) | Quarterly report, period 2026-03-31 | 0000051434-26-000074 |
| 2026-04-30 | 07:16 ET | [8-K](/filings/0000051434-26-000067.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000051434-26-000067 |
| 2026-03-27 | 16:09 ET | [DEF 14A](/filings/0001628280-26-021729.md) | Proxy statement, period 2025-12-31 | 0001628280-26-021729 |
| 2026-02-27 | 16:25 ET | [10-K](/filings/0000051434-26-000055.md) | Annual report, period 2025-12-31 | 0000051434-26-000055 |
| 2026-02-26 | 06:13 ET | [8-K](/filings/0001628280-26-011950.md) | 7.01 Regulation FD disclosure | 0001628280-26-011950 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000051434-26-000055.md), filed Feb 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/c2edb255-8f01-4330-8e4c-7fbce84b1079)

## About the filer

- CIK: 51434
- Tickers: IP, INPAP
- Exchange: NYSE
- SIC code: 2621 Paper Mills
- State of incorporation: NY
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 28, 2026, 07:19 ET. No prices; not investment advice.