# Rayonier Advanced Materials Inc.: financial statements, quarterly

RYAM · NYSE · CIK 1597672 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31

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

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/ryam/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-30) | Q2 FY2024 (2024-06-29) | Q3 FY2024 (2024-09-28) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-29) | Q2 FY2025 (2025-06-28) | Q3 FY2025 (2025-09-27) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-28) | Q2 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [369](/filings/0001597672-24-000040.md) | [422 d](/filings/0001597672-26-000010.md) | [388](/filings/0001597672-25-000014.md) | [419](/filings/0001597672-25-000036.md) | [401](/filings/0001597672-25-000047.md) | [423 d](/filings/0001597672-26-000010.md) | [353](/filings/0001597672-26-000015.md) | [340](/filings/0001597672-26-000029.md) | [353](/filings/0001597672-25-000047.md) | [418 d](/filings/0001597672-26-000010.md) | [319](/filings/0001597672-26-000015.md) | [376](/filings/0001597672-26-000029.md) |
| Cost of revenue | $m | [360](/filings/0001597672-24-000040.md) | [395 d](/filings/0001597672-26-000010.md) | [351](/filings/0001597672-25-000014.md) | [371](/filings/0001597672-25-000036.md) | [358](/filings/0001597672-25-000047.md) | [386 d](/filings/0001597672-26-000010.md) | [329](/filings/0001597672-26-000015.md) | [316](/filings/0001597672-26-000029.md) | [319](/filings/0001597672-25-000047.md) | [381 d](/filings/0001597672-26-000010.md) | [327](/filings/0001597672-26-000015.md) | [353](/filings/0001597672-26-000029.md) |
| Gross profit | $m | [8.7](/filings/0001597672-24-000040.md) | [27.4 d](/filings/0001597672-26-000010.md) | [36.8](/filings/0001597672-25-000014.md) | [48.3](/filings/0001597672-25-000036.md) | [43.6](/filings/0001597672-25-000047.md) | [36.9 d](/filings/0001597672-26-000010.md) | [24.1](/filings/0001597672-26-000015.md) | [23.6](/filings/0001597672-26-000029.md) | [34.1](/filings/0001597672-25-000047.md) | [37.0 d](/filings/0001597672-26-000010.md) | [(7.6)](/filings/0001597672-26-000015.md) | [22.9](/filings/0001597672-26-000029.md) |
| Selling, general and administrative | $m | [21.2](/filings/0001597672-24-000040.md) | [17.1 d](/filings/0001597672-26-000010.md) | [21.1](/filings/0001597672-25-000014.md) | [21.8](/filings/0001597672-25-000036.md) | [22.7](/filings/0001597672-25-000047.md) | [26.7 d](/filings/0001597672-26-000010.md) | [23.3](/filings/0001597672-26-000015.md) | [18.0](/filings/0001597672-26-000029.md) | [23.7](/filings/0001597672-25-000047.md) | [19.1 d](/filings/0001597672-26-000010.md) | [19.2](/filings/0001597672-26-000015.md) | [17.2](/filings/0001597672-26-000029.md) |
| Operating income | $m | [(14.4)](/filings/0001597672-24-000040.md) | [(61.0) d](/filings/0001597672-26-000010.md) | [17.1](/filings/0001597672-25-000014.md) | [28.2](/filings/0001597672-25-000036.md) | [(16.8)](/filings/0001597672-25-000047.md) | [11.0 d](/filings/0001597672-26-000010.md) | [(15.1)](/filings/0001597672-26-000015.md) | [(1.3)](/filings/0001597672-26-000029.md) | [9.7](/filings/0001597672-25-000047.md) | [10.8 d](/filings/0001597672-26-000010.md) | [(65.3)](/filings/0001597672-26-000015.md) | [(6.3)](/filings/0001597672-26-000029.md) |
| Interest expense | $m | [21.0](/filings/0001597672-23-000049.md) | [21.9 d](/filings/0001597672-24-000006.md) | [20.9](/filings/0001597672-24-000014.md) | [21.3](/filings/0001597672-25-000036.md) | [20.5](/filings/0001597672-25-000047.md) | [23.1 d](/filings/0001597672-26-000010.md) | [23.6](/filings/0001597672-26-000015.md) | [23.7](/filings/0001597672-26-000029.md) | [24.8](/filings/0001597672-25-000047.md) | [25.9 d](/filings/0001597672-26-000010.md) | [23.1](/filings/0001597672-26-000015.md) | [24.7](/filings/0001597672-26-000029.md) |
| Income tax | $m | [(5.4)](/filings/0001597672-24-000040.md) | [(21.1) d](/filings/0001597672-26-000010.md) | [(0.5)](/filings/0001597672-25-000014.md) | [(0.8)](/filings/0001597672-25-000036.md) | [(4.6)](/filings/0001597672-25-000047.md) | [(3.0) d](/filings/0001597672-26-000010.md) | [(5.6)](/filings/0001597672-26-000015.md) | [339](/filings/0001597672-26-000029.md) | [(10.4)](/filings/0001597672-25-000047.md) | [0.0 d](/filings/0001597672-26-000010.md) | [(7.2)](/filings/0001597672-26-000015.md) | [2.2](/filings/0001597672-26-000029.md) |
| Net income | $m | [(25.1)](/filings/0001597672-24-000040.md) | [(61.6) d](/filings/0001597672-26-000010.md) | [(1.6)](/filings/0001597672-25-000014.md) | [11.4](/filings/0001597672-25-000036.md) | [(32.6)](/filings/0001597672-25-000047.md) | [(16.0) d](/filings/0001597672-26-000010.md) | [(32.0)](/filings/0001597672-26-000015.md) | [(363)](/filings/0001597672-26-000029.md) | [(4.5)](/filings/0001597672-25-000047.md) | [(21.1) d](/filings/0001597672-26-000010.md) | [(81.6)](/filings/0001597672-26-000015.md) | [(32.8)](/filings/0001597672-26-000029.md) |
| Diluted EPS | $ per share | [(0.39)](/filings/0001597672-24-000040.md) | not reported | [(0.02)](/filings/0001597672-25-000014.md) | [0.17](/filings/0001597672-25-000036.md) | [(0.49)](/filings/0001597672-25-000047.md) | not reported | [(0.49)](/filings/0001597672-26-000015.md) | [(5.44)](/filings/0001597672-26-000029.md) | [(0.07)](/filings/0001597672-25-000047.md) | not reported | [(1.22)](/filings/0001597672-26-000015.md) | [(0.49)](/filings/0001597672-26-000029.md) |
| Basic EPS | $ per share | [(0.39)](/filings/0001597672-24-000040.md) | not reported | [(0.02)](/filings/0001597672-25-000014.md) | [0.17](/filings/0001597672-25-000036.md) | [(0.49)](/filings/0001597672-25-000047.md) | not reported | [(0.49)](/filings/0001597672-26-000015.md) | [(5.44)](/filings/0001597672-26-000029.md) | [(0.07)](/filings/0001597672-25-000047.md) | not reported | [(1.22)](/filings/0001597672-26-000015.md) | [(0.49)](/filings/0001597672-26-000029.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: us-gaap:GrossProfit
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-30) | Q2 FY2024 (2024-06-29) | Q3 FY2024 (2024-09-28) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-29) | Q2 FY2025 (2025-06-28) | Q3 FY2025 (2025-09-27) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-28) | Q2 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [27.1](/filings/0001597672-23-000049.md) | [75.8](/filings/0001597672-25-000008.md) | [54.6](/filings/0001597672-24-000014.md) | [114](/filings/0001597672-24-000034.md) | [136](/filings/0001597672-24-000040.md) | [125](/filings/0001597672-26-000010.md) | [130](/filings/0001597672-25-000014.md) | [70.7](/filings/0001597672-25-000036.md) | [77.0](/filings/0001597672-25-000047.md) | [75.4](/filings/0001597672-26-000029.md) | [67.9](/filings/0001597672-26-000015.md) | [57.0](/filings/0001597672-26-000029.md) |
| Current assets | $m | [518](/filings/0001597672-23-000049.md) | [575](/filings/0001597672-25-000008.md) | [546](/filings/0001597672-24-000014.md) | [635](/filings/0001597672-24-000034.md) | [629](/filings/0001597672-24-000040.md) | [601](/filings/0001597672-26-000010.md) | [573](/filings/0001597672-25-000014.md) | [540](/filings/0001597672-25-000036.md) | [591](/filings/0001597672-25-000047.md) | [568](/filings/0001597672-26-000029.md) | [529](/filings/0001597672-26-000015.md) | [510](/filings/0001597672-26-000029.md) |
| Total assets | $m | [2,176](/filings/0001597672-23-000049.md) | [2,183](/filings/0001597672-25-000008.md) | [2,135](/filings/0001597672-24-000014.md) | [2,197](/filings/0001597672-24-000034.md) | [2,159](/filings/0001597672-24-000040.md) | [2,130](/filings/0001597672-26-000010.md) | [2,118](/filings/0001597672-25-000014.md) | [1,755](/filings/0001597672-25-000036.md) | [1,796](/filings/0001597672-25-000047.md) | [1,758](/filings/0001597672-26-000029.md) | [1,667](/filings/0001597672-26-000015.md) | [1,620](/filings/0001597672-26-000029.md) |
| Current liabilities | $m | [334](/filings/0001597672-23-000049.md) | [376](/filings/0001597672-25-000008.md) | [332](/filings/0001597672-24-000014.md) | [377](/filings/0001597672-24-000034.md) | [364](/filings/0001597672-24-000040.md) | [400](/filings/0001597672-26-000010.md) | [405](/filings/0001597672-25-000014.md) | [372](/filings/0001597672-25-000036.md) | [376](/filings/0001597672-25-000047.md) | [360](/filings/0001597672-26-000029.md) | [385](/filings/0001597672-26-000015.md) | [372](/filings/0001597672-26-000029.md) |
| Long-term debt | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Current portion of debt | $m | [18.6](/filings/0001597672-23-000049.md) | [25.3](/filings/0001597672-25-000008.md) | [23.1](/filings/0001597672-24-000014.md) | [25.0](/filings/0001597672-24-000034.md) | [25.6](/filings/0001597672-24-000040.md) | [23.4](/filings/0001597672-26-000010.md) | [29.0](/filings/0001597672-25-000014.md) | [25.3](/filings/0001597672-25-000036.md) | [30.1](/filings/0001597672-25-000047.md) | [20.9](/filings/0001597672-26-000029.md) | [28.0](/filings/0001597672-26-000015.md) | [29.6](/filings/0001597672-26-000029.md) |
| Short-term borrowings | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Shareholders' equity | $m | [786](/filings/0001597672-24-000040.md) | [746](/filings/0001597672-26-000010.md) | [742](/filings/0001597672-25-000036.md) | [755](/filings/0001597672-25-000047.md) | [733](/filings/0001597672-25-000047.md) | [714](/filings/0001597672-26-000029.md) | [688](/filings/0001597672-26-000029.md) | [342](/filings/0001597672-26-000029.md) | [338](/filings/0001597672-25-000047.md) | [317](/filings/0001597672-26-000029.md) | [229](/filings/0001597672-26-000029.md) | [195](/filings/0001597672-26-000029.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Long-term debt: not reported
- Current portion of debt: us-gaap:DebtCurrent
- Short-term borrowings: not reported
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-30) | Q2 FY2024 (2024-06-29) | Q3 FY2024 (2024-09-28) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-29) | Q2 FY2025 (2025-06-28) | Q3 FY2025 (2025-09-27) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-28) | Q2 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [(1.7) d](/filings/0001597672-23-000049.md) | [54.1 d](/filings/0001597672-26-000010.md) | [11.3](/filings/0001597672-25-000014.md) | [87.6 d](/filings/0001597672-25-000036.md) | [49.8 d](/filings/0001597672-25-000047.md) | [54.9 d](/filings/0001597672-26-000010.md) | [39.6](/filings/0001597672-26-000015.md) | [(30.2) d](/filings/0001597672-26-000029.md) | [(17.8) d](/filings/0001597672-25-000047.md) | [32.3 d](/filings/0001597672-26-000010.md) | [31.9](/filings/0001597672-26-000015.md) | [5.0 d](/filings/0001597672-26-000029.md) |
| Capital expenditure | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Dividends paid | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Share repurchases | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: not reported
- Dividends paid: not reported
- Share repurchases: not reported

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-24) | Q1 FY2023 (2023-04-01) | Q2 FY2023 (2023-07-01) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-30) | Q2 FY2024 (2024-06-29) | Q3 FY2024 (2024-09-28) | Q1 FY2025 (2025-03-29) | Q2 FY2025 (2025-06-28) | Q3 FY2025 (2025-09-27) | Q1 FY2026 (2026-03-28) | Q2 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [65.5](/filings/0001597672-23-000049.md) | [66.6](/filings/0001597672-24-000014.md) | [65.2](/filings/0001597672-24-000034.md) | [65.3](/filings/0001597672-24-000040.md) | [65.4](/filings/0001597672-25-000014.md) | [68.8](/filings/0001597672-25-000036.md) | [65.9](/filings/0001597672-25-000047.md) | [66.2](/filings/0001597672-26-000015.md) | [66.9](/filings/0001597672-26-000029.md) | [67.0](/filings/0001597672-25-000047.md) | [67.1](/filings/0001597672-26-000015.md) | [67.5](/filings/0001597672-26-000029.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 67,644,208 at 2026-08-03, from the cover of the [10-Q filed 2026-08-05](/filings/0001597672-26-000029.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:43 ET. No prices; not investment advice.