Clearwater Paper Corporation (CLW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 360.3M | 386.4M | 399M | 391.8M | 378.2M | 387.1M | 393.3M | 344.4M | 496.2M | 268.6M | 278.9M | 524.6M | 525.4M | 526.8M | 538.8M | 526.4M | 488.2M | 489.8M | 450.5M | 406.4M |
| Revenue Growth % | -4.73% | -0.18% | 1.45% | 13.76% | -23.78% | 44.12% | 41.02% | -34.35% | -5.56% | -49.01% | -48.24% | -0.34% | 7.62% | 7.55% | 19.6% | 29.53% | 14.63% | 8.17% | -1.51% | -15.44% |
| Cost of Goods Sold | 361.2M | 369.2M | 380.3M | 348.8M | 341.5M | 372.4M | 363.2M | 346.4M | 421.6M | 232.7M | 228.3M | 438.7M | 448.5M | 491.4M | 454.8M | 455.2M | 422M | 429.1M | 398.2M | 392.2M |
| COGS % of Revenue | 100.25% | 95.55% | 95.31% | 89.03% | 90.3% | 96.2% | 92.35% | 100.58% | 84.97% | 86.63% | 81.86% | 83.63% | 85.36% | 93.28% | 84.41% | 86.47% | 86.44% | 87.61% | 88.39% | 96.51% |
| Gross Profit | -900K | 17.2M | 18.7M | 43M | 36.7M | 14.7M | 30.1M | -2M | 74.6M | 35.9M | 50.6M | 85.9M | 76.9M | 35.4M | 84M | 71.2M | 66.2M | 60.7M | 52.3M | 14.2M |
| Gross Margin % | -0.25% | 4.45% | 4.69% | 10.97% | 9.7% | 3.8% | 7.65% | -0.58% | 15.03% | 13.37% | 18.14% | 16.37% | 14.64% | 6.72% | 15.59% | 13.53% | 13.56% | 12.39% | 11.61% | 3.49% |
| Gross Profit Growth % | -102.45% | 17.01% | -37.87% | 2250% | -50.8% | -59.05% | -40.51% | -102.33% | -2.99% | 1.41% | -39.76% | 20.65% | 16.16% | -41.68% | 60.61% | 401.41% | 19.71% | -20.86% | -33.63% | -83.08% |
| Operating Expenses | 20.6M | 13.1M | 23.7M | 33.2M | 40.7M | 27.5M | 31.3M | 44.9M | 44.2M | -42.2M | 29.9M | 38.6M | 37.1M | 34.8M | 35.1M | 39.7M | 33.3M | 33.1M | 38.5M | 70.8M |
| OpEx % of Revenue | 5.72% | 3.39% | 5.94% | 8.47% | 10.76% | 7.1% | 7.96% | 13.04% | 8.91% | -15.71% | 10.72% | 7.36% | 7.06% | 6.61% | 6.51% | 7.54% | 6.82% | 6.76% | 8.55% | 17.42% |
| Selling, General & Admin | 20.6M | 20.6M | 23.7M | 27M | 28.5M | 26.7M | 28.1M | 32.3M | 37.4M | 31.9M | 29.3M | 38.9M | 35.8M | 28.5M | 33.9M | 35M | 31.4M | 30.9M | 28.3M | 25.2M |
| SG&A % of Revenue | 5.72% | 5.33% | 5.94% | 6.89% | 7.54% | 6.9% | 7.14% | 9.38% | 7.54% | 11.88% | 10.51% | 7.42% | 6.81% | 5.41% | 6.29% | 6.65% | 6.43% | 6.31% | 6.28% | 6.2% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -1000K | 0 | 1000K | 1000K | 800K | 1000K | 1000K | 1000K | -1000K | 600K | -300K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -10.4M | 4.1M | -5M | 9.8M | -4M | -12.8M | -1.2M | -46.9M | 30.4M | 78.1M | 20.7M | 47.3M | 39.8M | 600K | 48.9M | 31.5M | 32.9M | 27.6M | 13.8M | -56.6M |
| Operating Margin % | -2.89% | 1.06% | -1.25% | 2.5% | -1.06% | -3.31% | -0.31% | -13.62% | 6.13% | 29.08% | 7.42% | 9.02% | 7.58% | 0.11% | 9.08% | 5.98% | 6.74% | 5.63% | 3.06% | -13.93% |
| Operating Income Growth % | -160% | 132.03% | -316.67% | 120.9% | -113.16% | -116.39% | -105.8% | -199.15% | -23.62% | 12916.67% | -57.67% | 50.16% | 20.97% | -97.83% | 254.35% | 155.65% | 21.4% | -34.13% | -71.95% | -217.43% |
| EBITDA | -10.4M | 28.1M | 18.8M | 32.8M | 18M | 9.4M | 23M | -16M | 53.6M | 102.9M | 45.1M | 71.9M | 64.6M | 26.5M | 75.1M | 57.2M | 58.3M | 53M | 39.7M | -29.8M |
| EBITDA Margin % | -2.89% | 7.27% | 4.71% | 8.37% | 4.76% | 2.43% | 5.85% | -4.65% | 10.8% | 38.31% | 16.17% | 13.71% | 12.3% | 5.03% | 13.94% | 10.87% | 11.94% | 10.82% | 8.81% | -7.33% |
| EBITDA Growth % | -157.78% | 198.94% | -18.26% | 305% | -66.42% | -90.86% | -49% | -122.25% | -17.03% | 288.3% | -39.95% | 25.7% | 10.81% | -50% | 89.17% | 291.95% | 8.16% | -23.63% | -48.37% | -139.21% |
| D&A (Non-Cash Add-back) | 0 | 24M | 23.8M | 23M | 22M | 22.2M | 24.2M | 30.9M | 23.2M | 24.8M | 24.4M | 24.6M | 24.8M | 25.9M | 26.2M | 25.7M | 25.4M | 25.4M | 25.9M | 26.8M |
| EBIT | 0 | 4.1M | -55.4M | 9.4M | -4.3M | -23M | -1M | -46.3M | 30.9M | 4.1M | 21.6M | 47.5M | 39.9M | -500K | 47.5M | 29.5M | 30.8M | 24.2M | 10.1M | -59.3M |
| Net Interest Income | 0 | -4.9M | -4.7M | -3.9M | -3.3M | -5.2M | -13.1M | -9.6M | -1.2M | -1.6M | -2.2M | -7.5M | -7.6M | -7.3M | -8M | -10.7M | -8.6M | -8.9M | -8.9M | -9.3M |
| Interest Income | 0 | 400K | 300K | 500K | 600K | 1.1M | 400K | 800K | 600K | 900K | 900K | 300K | 300K | 600K | 300K | 100K | 0 | 0 | 0 | 200K |
| Interest Expense | -5M | 5.3M | 5M | 4.4M | 3.9M | 6.3M | 13.5M | 10.4M | 1.8M | 2.5M | 3.1M | 7.8M | 7.9M | 7.9M | 8.3M | 10.8M | 8.6M | 8.9M | 8.9M | 9.5M |
| Other Income/Expense | -6.1M | -1.6M | -55.4M | -4.3M | -3.7M | -16.5M | -12.8M | -9.3M | -6.2M | -80.5M | -2.1M | -7.4M | -7.5M | -8.7M | -9.4M | -12.4M | -10.3M | -11.9M | -12.1M | -11.8M |
| Pretax Income | -16.5M | 2.5M | -60.4M | 5.5M | -7.7M | -29.3M | -14M | -56.2M | 24.2M | -2.4M | 18.6M | 39.9M | 32.3M | -8.1M | 39.5M | 19.1M | 22.6M | 15.7M | 1.7M | -68.4M |
| Pretax Margin % | -4.58% | 0.65% | -15.14% | 1.4% | -2.04% | -7.57% | -3.56% | -16.32% | 4.88% | -0.89% | 6.67% | 7.61% | 6.15% | -1.54% | 7.33% | 3.63% | 4.63% | 3.21% | 0.38% | -16.83% |
| Income Tax | -3.7M | -700K | -6.5M | 1.9M | -1.8M | -9.7M | -3.3M | -14.6M | 7M | 200K | 3.7M | 10.2M | 8.4M | -2.3M | 18.9M | 4.4M | 6M | 6.1M | -300K | -16.7M |
| Effective Tax Rate % | 22.42% | -28% | 10.76% | 34.55% | 23.38% | 33.11% | 23.57% | 25.98% | 28.93% | -8.33% | 19.89% | 25.56% | 26.01% | 28.4% | 47.85% | 23.04% | 26.55% | 38.85% | -17.65% | 24.42% |
| Net Income | -12.8M | 36.1M | -53.9M | 3.6M | -6.3M | -108M | 5.9M | -41.6M | 17.2M | 17.6M | 36.6M | 29.7M | 23.8M | -5.9M | 20.6M | 14.7M | 16.6M | 9.5M | 1.9M | -51.6M |
| Net Margin % | -3.55% | 9.34% | -13.51% | 0.92% | -1.67% | -27.9% | 1.5% | -12.08% | 3.47% | 6.55% | 13.12% | 5.66% | 4.53% | -1.12% | 3.82% | 2.79% | 3.4% | 1.94% | 0.42% | -12.7% |
| Net Income Growth % | -103.17% | 133.43% | -1013.56% | 108.65% | -136.63% | -713.64% | -83.88% | -240.07% | -27.73% | 398.31% | 77.67% | 102.04% | 43.37% | -162.11% | 984.21% | 128.49% | 37.19% | -57.96% | -91.12% | -326.32% |
| Net Income (Continuing) | -12.8M | 3.2M | -53.9M | 3.6M | -5.9M | -19.6M | -10.7M | -41.6M | 17.2M | -2.6M | 14.9M | 29.7M | 23.9M | -5.8M | 20.6M | 14.7M | 16.6M | 9.6M | 2M | -51.7M |
| Discontinued Operations | 0 | 1000K | 0 | 0 | -400K | -1000K | 1000K | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.80 | 2.25 | -3.30 | 0.17 | -0.38 | 11.86 | 0.35 | -1.55 | 1.02 | 1.04 | 2.17 | 1.75 | 1.40 | -0.34 | 1.21 | 0.86 | 0.97 | 0.56 | 0.11 | -3.09 |
| EPS Growth % | -110.53% | -81.03% | -1042.86% | 110.97% | -137.25% | 1040.38% | -83.87% | -188.57% | -27.14% | 405.88% | 79.34% | 103.49% | 44.33% | -160.71% | 1000% | 127.83% | 36.62% | -58.82% | -91.41% | -327.21% |
| EPS (Basic) | -0.80 | 2.25 | -3.30 | 0.17 | -0.38 | 11.86 | 0.35 | -1.55 | 1.04 | 1.06 | 2.19 | 1.76 | 1.42 | -0.35 | 1.23 | 0.87 | 0.99 | 0.57 | 0.12 | -3.09 |
| Diluted Shares Outstanding | 16.08M | 16.07M | 16.14M | 16.24M | 16.38M | 16.78M | 16.62M | 16.66M | 16.89M | 16.87M | 16.89M | 16.96M | 17.04M | 17.2M | 17.09M | 17.08M | 17.07M | 17.15M | 16.97M | 16.68M |
| Basic Shares Outstanding | 16.08M | 16.04M | 16.14M | 16.22M | 16.38M | 16.78M | 16.62M | 16.66M | 16.61M | 16.64M | 16.68M | 16.86M | 16.83M | 16.97M | 16.75M | 16.85M | 16.73M | 16.76M | 16.69M | 16.68M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |