\nEastman Kodak Company (NYSE: KODK) today reported financial results for the third quarter 2026.<\/p>\n
\nThird quarter 2026 highlights include:<\/p>\n
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- \nConsolidated revenues of $276 million, compared with $269 million for Q3 2025, an increase of $7 million or 3 percent<\/p>\n
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- \nAdvanced Materials & Chemicals (AM&C) revenues were $99 million, compared with $82 million for Q3 2025, an increase of $17 million or 21 percent<\/p>\n<\/li>\n
- \nPrint revenues were $165 million, compared with $177 million for Q3 2025, a decrease of 12 million or 7 percent<\/p>\n<\/li>\n<\/ul>\n<\/li>\n
- \nGross profit of $73 million, compared with $68 million for Q3 2025, an increase of $5 million or 7 percent<\/p>\n<\/li>\n
- \nGross profit percentage of 26 percent, compared with 25 percent for Q3 2025, an increase of 1 percentage point<\/p>\n<\/li>\n
- \nGAAP net income of $21 million, compared with GAAP net income of $13 million for Q3 2025, an increase of $8 million<\/p>\n<\/li>\n
- \nOperational EBITDA of $31 million, compared with $29 million for Q3 2025, an increase of $2 million<\/p>\n<\/li>\n
- \nA quarter-end cash balance of $317 million, compared with $290 million on June 30, 2026, an increase of $27 million, and compared with $337 million on December 31, 2025, a decrease of $20 million<\/p>\n<\/li>\n
- \nCash flow from operations for the current year-to-date period was break-even<\/p>\n<\/li>\n<\/ul>\n
\n\u201cKodak delivered strong performance in the third quarter, once again achieving year-over-year improvement in revenue, gross profit and Operational EBITDA,\u201d said Jim Continenza, Kodak\u2019s Executive Chairman and CEO. \u201cWe continue to execute our long-term plan and are seeing a return on our ongoing investments. Our primary growth engine, AM&C, is now our fastest growing, most profitable unit. Our print business has performed well for the year to date despite challenging economic conditions. And, most importantly, we generated $27 million in cash for Q3, an important indicator of the operational strength of our business. Looking forward, we\u2019re focused on continuing to invest in our core businesses and finishing the year with profitable growth.\u201d<\/p>\n
\nFor the quarter ended September 30, 2026, revenues were $276 million, an increase of $7 million or 3 percent compared to the same period in 2025 primarily due to the growth in AM&C.<\/p>\n
\nGAAP net income was $21 million for the quarter, compared to GAAP net income of $13 million in 2025, an increase of $8 million primarily due to improvements in gross profit and a reduction in interest expense compared to the prior period, partially offset by higher selling, general and administrative expenses (“SG&A”) primarily related to increased equity compensation and changes in employee benefit accruals. Operational EBITDA for the quarter ended September 30, 2026, was $31 million, compared to $29 million in 2025, an increase of $2 million. The increase in Operational EBITDA was driven by improved pricing and higher volume, partially offset by higher aluminum and silver prices and SG&A costs primarily related to changes in employee benefit accruals.<\/p>\n
\nKodak ended the quarter with a cash balance of $317 million, an increase of $27 million compared with $290 million on June 30, 2026, primarily due to cash flow from operations of $25 million for the three months ended September 30, 2026. Cash decreased $20 million from December 31, 2025, primarily driven by the required repayment of the Term Loans of $101 million and capital expenditures of $18 million, partially offset by cash proceeds from redemptions of Kodak Retirement Income Plan reversion investments of $93 million.<\/p>\n
\nFind the Q3 infographic here<\/a>.<\/p>\n
\nWatch our corporate overview video here<\/a>.<\/p>\n
Revenue and Operational EBITDA by Reportable Segment Q3 2026 vs. Q3 2025<\/b><\/p>\n
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