\nEastman Kodak Company (NYSE: KODK) today reported financial results for the second quarter 2026.<\/p>\n
\nSecond quarter 2026 highlights include:<\/p>\n
- \n
- \nConsolidated revenues of $311 million, compared with $263 million for Q2 2025, an increase of $48 million or 18 percent<\/p>\n
- \n
- \nAdvanced Materials & Chemicals (AM&C) revenues were $105 million, compared with $75 million for Q2 2025, an increase of $30 million or 40 percent<\/p>\n<\/li>\n
- \nPrint revenues were $195 million, compared with $178 million for Q2 2025, an increase of $17 million or 10 percent<\/p>\n<\/li>\n<\/ul>\n<\/li>\n
- \nGross profit of $82 million, compared with $51 million for Q2 2025, an increase of $31 million or 61 percent<\/p>\n<\/li>\n
- \nGross profit percentage of 26 percent, compared with 19 percent for Q2 2025, an increase of 7 percentage points<\/p>\n<\/li>\n
- \nGAAP net income of $17 million, compared with GAAP net loss of $26 million for Q2 2025, an increase of $43 million<\/p>\n<\/li>\n
- \nOperational EBITDA of $36 million, compared with $9 million for Q2 2025, an increase of $27 million<\/p>\n<\/li>\n
- \nA quarter-end cash balance of $290 million, compared with $337 million on December 31, 2025, a decrease of $47 million primarily driven by the repayments of the Term Loans, partially offset by cash received from the redemptions of KRIP investment assets<\/p>\n<\/li>\n
- \nCash flow from operations improved $5 million from the prior year period<\/p>\n<\/li>\n<\/ul>\n
\n\u201cThe words that sum up our performance in the second quarter are stability and growth,\u201d said Jim Continenza, Kodak\u2019s Executive Chairman and CEO. \u201cWe continued to deliver strong results for the fourth consecutive quarter, achieving significant year-over-year improvement in revenue, gross profit and Operational EBITDA. The momentum we have built is the result of consistent execution of our long-term plan, especially our investments in product development and manufacturing infrastructure and our focus on operational excellence. Looking forward, we are entering a new phase in Kodak\u2019s transformation where we have the operational and financial leverage to focus on growth. To capitalize on that opportunity, we will continue to expand our core businesses, increase efficiency and accelerate our investments in R&D to support our growth initiatives.\u201d<\/p>\n
\nFor the quarter ended June 30, 2026, revenues were $311 million, an increase of $48 million or 18 percent compared to the same period in 2025.<\/p>\n
\nGAAP net income was $17 million for the quarter, compared to GAAP net loss of $26 million in 2025, an increase of $43 million primarily due to improvements in gross profit, reduction in interest expense and lower asset impairments compared to the prior period, partially offset by lower pension income. Operational EBITDA for the quarter ended June 30, 2026, was $36 million, compared to $9 million in 2025, an increase of $27 million. The increase in Operational EBITDA was driven by improved pricing and higher volume, partially offset by higher silver and aluminum prices and selling, general and administrative costs primarily related to the net change in employee benefit reserves and costs associated with corporate infrastructure.<\/p>\n
\nKodak ended the quarter with a cash balance of $290 million, a decrease of $47 million from December 31, 2025. The decrease was primarily driven by the required repayment of the Term Loans of $101 million and an increase in inventory of $37 million primarily driven by silver and aluminum commodities, partially offset by cash proceeds from redemptions of Kodak Retirement Income Plan reversion investments of $87 million.<\/p>\n
\nFind the Q2 infographic here<\/a>.<\/p>\n
Revenue and Operational EBITDA by Reportable Segment Q2 2026 vs. Q2 2025<\/b><\/p>\n
![\"Logo\"](\"https:\/\/mms.businesswire.com\/media\/20260804630790\/en\/553811\/3\/2016_KODAK_SPONSOR_Logo_EKY_161020.jpg\"){kind=logo}
<\/td>\n<\/tr>\n