Clearwater Paper Corporation (CLW) quarterly income statement — complete revenue, gross profit & net income history
Clearwater Paper Corporation (CLW) annual income statement — 20-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Sales/Revenue | 384.9M | 374.8M | 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 |
| Revenue Growth % | -3.53% | -4.34% | -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% |
| Cost of Goods Sold | 363.7M | 385.2M | 361.2M | 369.2M | 380.2M | 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 |
| COGS % of Revenue | 94.49% | 102.77% | 100.25% | 95.55% | 95.29% | 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% |
| Gross Profit | 21.2M | -10.4M | -900K | 17.2M | 18.8M | 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 |
| Gross Margin % | 5.51% | -2.77% | -0.25% | 4.45% | 4.71% | 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% |
| Gross Profit Growth % | 12.77% | -124.19% | -102.45% | 17.01% | -37.54% | 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% |
| Operating Expenses | 18.7M | 13.6M | 20.5M | 19.7M | 23.7M | 28.5M | 31.5M | 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 |
| OpEx % of Revenue | 4.86% | 3.63% | 5.69% | 5.1% | 5.94% | 7.27% | 8.33% | 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% |
| Selling, General & Admin | 20.1M | 21.1M | 19.9M | 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 |
| SG&A % of Revenue | 5.22% | 5.63% | 5.52% | 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% |
| 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 | -1000K | -1000K | 600K | -900K | 0 | 1000K | 1000K | 800K | 1000K | 1000K | 1000K | -1000K | 600K | -300K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 2.5M | -24M | -21.4M | -2.5M | -4.9M | 14.5M | 5.2M | -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 |
| Operating Margin % | 0.65% | -6.4% | -5.94% | -0.65% | -1.23% | 3.7% | 1.37% | -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% |
| Operating Income Growth % | 151.02% | -265.52% | -511.54% | 80.47% | -308.33% | 130.92% | -82.89% | -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% |
| EBITDA | 25.8M | -800K | 2M | 21.2M | 18.8M | 37.5M | 27.2M | 9.4M | 23M | -16M | 53.6M | 102.9M | 45.1M | 71.9M | 64.6M | 26.5M | 75.1M | 57.2M | 58.3M | 53M |
| EBITDA Margin % | 6.7% | -0.21% | 0.56% | 5.49% | 4.71% | 9.57% | 7.19% | 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% |
| EBITDA Growth % | 37.23% | -102.13% | -92.65% | 125.53% | -18.26% | 334.38% | -49.25% | -90.86% | -49% | -122.25% | -17.03% | 288.3% | -39.95% | 25.7% | 10.81% | -50% | 89.17% | 291.95% | 8.16% | -23.63% |
| D&A (Non-Cash Add-back) | 23.3M | 23.2M | 23.4M | 23.7M | 23.7M | 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 |
| EBIT | 1.1M | -22.9M | -11.8M | 7.2M | -55.9M | 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 |
| Net Interest Income | -4.8M | -5M | -4.4M | -4.3M | -4.2M | -3.4M | -2.8M | -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 |
| Interest Income | 800K | 500K | 300K | 400K | 300K | 500K | 600K | 1.1M | 400K | 800K | 600K | 900K | 900K | 300K | 300K | 600K | 300K | 100K | 0 | 0 |
| Interest Expense | 5.6M | 5.5M | 4.7M | 4.7M | 4.5M | 3.9M | 3.4M | 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 |
| Other Income/Expense | -7M | -6.1M | 4.9M | 5M | -55.5M | -9M | -12.9M | -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 |
| Pretax Income | -4.5M | -30.1M | -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 |
| Pretax Margin % | -1.17% | -8.03% | -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% |
| Income Tax | -2.9M | -8.6M | -3.7M | -800K | -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 |
| Effective Tax Rate % | 64.44% | 28.57% | 22.42% | -32% | 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% |
| Net Income | -1.6M | -21.5M | -12.8M | 38.3M | -53.3M | 2.7M | -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 |
| Net Margin % | -0.42% | -5.74% | -3.55% | 9.91% | -13.36% | 0.69% | -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% |
| Net Income Growth % | 97% | -896.3% | -103.17% | 135.46% | -1003.39% | 106.49% | -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% |
| Net Income (Continuing) | -1.6M | -21.5M | -12.8M | 3.3M | -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 |
| Discontinued Operations | 0 | 0 | 0 | 1000K | 600K | -900K | -400K | -1000K | 1000K | 0 | 0 | 1000K | 1000K | 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) | -0.10 | -1.33 | -0.80 | 2.39 | -3.30 | 0.17 | -0.38 | -6.44 | 0.35 | -1.55 | 1.02 | 1.04 | 2.17 | 1.75 | 1.40 | -0.34 | 1.21 | 0.86 | 0.97 | 0.56 |
| EPS Growth % | 96.99% | -882.35% | -110.53% | 137.11% | -1042.86% | 110.97% | -137.25% | -719.23% | -83.87% | -188.57% | -27.14% | 405.88% | 79.34% | 103.49% | 44.33% | -160.71% | 1000% | 127.83% | 36.62% | -58.82% |
| EPS (Basic) | -0.10 | -1.33 | -0.80 | 2.39 | -3.30 | 0.17 | -0.38 | -6.44 | 0.35 | -1.55 | 1.04 | 1.06 | 2.19 | 1.76 | 1.42 | -0.35 | 1.23 | 0.87 | 0.99 | 0.57 |
| Diluted Shares Outstanding | 16.13M | 16.13M | 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 |
| Basic Shares Outstanding | 16.13M | 16.13M | 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 |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |