IP

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Exhibit 99.1

News Release

International Paper Reports Second Quarter 2026 Results

SECOND QUARTER 2026 FINANCIAL SUMMARY

•Net sales of $6.00 billion

•Loss from continuing operations of $12 million

•Adjusted EBITDA (non-GAAP) from continuing operations of $587 million

•Cash provided by operating activities of $526 million

•Free cash flow (non-GAAP) of $(7) million

2026 FINANCIAL TARGETS

•Adjusted EBITDA (non-GAAP) from continuing operations

◦Third quarter: $780-$830 million, including $85 million negative impact of the temporary mill closure in Pine Hill, Alabama

◦Full-Year: $3.20-$3.40 billion

MEMPHIS, Tenn. – July 30, 2026 – International Paper (NYSE: IP; LSE: IPC) (the "Company") today announced results for the quarter ended June 30, 2026.

“Our teams delivered strong second quarter results as execution continued to improve across the company,” said International Paper Chairman and CEO Andy Silvernail. “In North America, we improved mill performance and successfully completed the Riverdale machine conversion, while continuing to grow box volumes and remain on track to outperform the market. In EMEA, we accelerated cost-out actions, advanced transformational investments and continued preparing for the separation as previously communicated.”

“Looking ahead to the second half of the year, our priorities remain clear: execute with discipline, improve reliability and performance across our network, mitigate rising input costs in a dynamic environment and deliver commercial and cost-out initiatives,” Silvernail added. “While there is still work to do, we are building momentum across the businesses. The progress we are making gives us confidence in our ability to deliver strong performance through the remainder of 2026 and create sustainable value for our stakeholders.”

Select Financial Measures

The preliminary second quarter 2026 results discussed in this release will be finalized in our Quarterly Report on Form 10-Q, which we intend to file with the U.S. Securities and Exchange Commission on August 6, 2026. This release refers to certain non-GAAP financial measures, which are defined below.

(In millions)Second Quarter 2026Second Quarter 2025First Quarter 2026

Net Sales $6,004 $6,142 $5,971

Earnings (Loss) from Continuing Operations(12)75 76

Adjusted EBITDA from Continuing Operations (non-GAAP)587 670 677

Adjusted Operating Earnings (Loss) (non-GAAP) 18 94 81

Cash Provided By (Used For) Operating Activities 526 476 611

Free Cash Flow (non-GAAP) (7)54 94

Diluted EPS from Continuing Operations and Adjusted Operating EPS

Second Quarter 2026Second Quarter 2025First Quarter 2026

Diluted Earnings (Loss) Per Share from Continuing Operations $(0.02)$0.14 $0.14

Add Back – Non-Operating Pension Expense (Income)

(0.03)— (0.03)

Add Back – Net Special Items Expense (Income)

0.10 0.04 0.05

Income Taxes - Non-Operating Pension and Special Items(0.01)— (0.01)

Adjusted Operating Earnings (Loss) Per Share (non-GAAP) $0.04 $0.18 $0.15

NON-GAAP FINANCIAL MEASURES

The Company believes that these non-GAAP financial measures, when viewed alongside the most directly comparable GAAP measures, provides for a more complete analysis of the Company's results from continuing operations. Reconciliations to the most directly comparable GAAP measures and an explanation of why management believes these non-GAAP financial measures provide useful information to investors are included later in this release.

Adjusted EBITDA from continuing operations is a non-GAAP financial measure defined as earnings (loss) from continuing operations (a GAAP measure) before income taxes, equity earnings (loss), interest expense, net, net special items, non-operating pension expense (income) and depreciation and amortization. The most directly comparable GAAP measure is earnings (loss) from continuing operations.

Adjusted operating earnings (loss) and adjusted operating earnings (loss) per share are non-GAAP financial measures defined as earnings (loss) from continuing operations (a GAAP measure) excluding net special items and non-operating pension expense (income). Earnings (loss) from continuing operations and diluted earnings (loss) per share from continuing operations are the most directly comparable GAAP measures. The Company calculates adjusted operating earnings (loss) (non-GAAP) by excluding the after-tax effect of non-operating pension expense (income) and net special items from the earnings (loss) from continuing operations reported under U.S. GAAP. Adjusted operating earnings (loss) per share is calculated by dividing adjusted operating earnings (loss) by the diluted average shares of common stock outstanding.

Free cash flow is a non-GAAP financial measure defined as cash provided by (used for) operating activities (a GAAP measure) less capital expenditures. The most directly comparable GAAP measure is cash provided by (used for) operations.

For discussion of net

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Exhibit 99.1

News Release

International Paper Reports First Quarter 2026 Results

FIRST QUARTER 2026 FINANCIAL SUMMARY

•Net sales of $5.97 billion

•Earnings from continuing operations of $76 million

•Adjusted EBITDA (non-GAAP) from continuing operations of $677 million

•Received $1.1 billion of net proceeds from the sale of the Global Cellulose Fibers business and paid down $660 million of debt

•Cash provided by operating activities of $611 million

•Free cash flow (non-GAAP) of $94 million

2026 FINANCIAL TARGETS

•Adjusted EBITDA (non-GAAP) from continuing operations

◦Second quarter: $520-$570 million

◦Full-Year: $3.20-$3.50 billion

MEMPHIS, Tenn. – April 30, 2026 – International Paper (NYSE: IP; LSE: IPC) (the "Company") today announced results for the quarter ended March 31, 2026.

“This quarter, we delivered meaningful progress across the business. In North America, our commercial actions are gaining traction and helping us outgrow the market, while we advance cost-out efforts and make solid gains in mill and box plant productivity. In EMEA, we're accelerating commercial and cost initiatives while a small core team is focusing on the planned separation,” said International Paper Chairman and CEO Andy Silvernail. “We still have work to do to improve consistency and reliability, but the primary pressures this quarter came from a tougher macro environment, including ongoing inflation and the severe winter storm.”

“Looking ahead,” Silvernail added, “our priorities are clear: execute with discipline, improve reliability and performance across our network and manage capital with rigor. We're updating our outlook to reflect the volatile environment, with a strong focus on managing cost and cash flow. We remain confident in our strategy, and the planned separation will enable our North America and EMEA businesses to operate independently and deliver stronger performance.”

Select Financial Measures

The preliminary first quarter 2026 results discussed in this release will be finalized in our Quarterly Report on Form 10-Q, which we intend to file with the U.S. Securities and Exchange Commission on May 5, 2026.

(In millions)First Quarter 2026First Quarter 2025Fourth Quarter 2025

Net Sales $5,971 $5,264 $6,006

Earnings (Loss) from Continuing Operations76 (124)(2,363)

Adjusted EBITDA from Continuing Operations677 689 758

Adjusted Operating Earnings (Loss) 81 73 (43)

Cash Provided By (Used For) Operating Activities 611 (288)905

Free Cash Flow 94 (618)255

Diluted EPS from Continuing Operations and Adjusted Operating EPS

First Quarter 2026First Quarter 2025Fourth Quarter 2025

Diluted Earnings (Loss) Per Share from Continuing Operations $0.14 $(0.28)$(4.48)

Add Back – Non-Operating Pension Expense (Income)

(0.03)0.01 (0.01)

Add Back – Net Special Items Expense (Income)

0.05 0.54 4.98

Income Taxes - Non-Operating Pension and Special Items(0.01)(0.10)(0.57)

Adjusted Operating Earnings (Loss) Per Share $0.15 $0.17 $(0.08)

NON-GAAP MEASURES

This release refers to the non-GAAP financial measures defined below. The Company believes that these non-GAAP financial measures, when viewed alongside the most directly comparable GAAP measures, provides for a more complete analysis of the Company's results from continuing operations. Reconciliations to the most directly comparable GAAP measures and an explanation of why management believes these non-GAAP financial measures provide useful information to investors are included later in this release.

Adjusted EBITDA from continuing operations is a non-GAAP financial measure defined as earnings (loss) from continuing operations (a GAAP measure) before income taxes, equity earnings (loss), interest expense, net, net special items, non-operating pension expense (income) and depreciation and amortization. The most directly comparable GAAP measure is earnings (loss) from continuing operations.

Adjusted operating earnings (loss) and adjusted operating earnings (loss) per share are non-GAAP financial measures defined as earnings (loss) from continuing operations (a GAAP measure) excluding net special items and non-operating pension expense (income). Earnings (loss) from continuing operations and diluted earnings (loss) per share from continuing operations are the most directly comparable GAAP measures. The Company calculates adjusted operating earnings (loss) (non-GAAP) by excluding the after-tax effect of non-operating pension expense (income) and net special items from the earnings (loss) from continuing operations reported under U.S. GAAP. Adjusted operating earnings (loss) per share is calculated by dividing adjusted operating earnings (loss) by the diluted average shares of common stock outstanding.

Free cash flow is a non-GAAP financial measure defined as cash provided by (used for) operations (a GAAP measure) less capital expenditures. The most directly comparable GAAP measure is cash provided by (us

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Exhibit 99.1

News Release

International Paper to Create Two Independent Public Companies and

Reports Full-Year and Fourth Quarter 2025 Results

FULL-YEAR 2025 FINANCIAL SUMMARY

•Net sales of $23.63 billion

•Loss from continuing operations of $2.84 billion includes the following:

◦$2.47 billion pre-tax non-cash goodwill impairment charge

◦$0.96 billion non-cash accelerated depreciation associated with asset rationalization decisions

◦$0.63 billion of restructuring charges

•Adjusted EBITDA (non-GAAP) from continuing operations of $2.98 billion

•Cash provided by operating activities of $1.70 billion

•Free cash flow (non-GAAP) of $(0.16) billion

FOURTH QUARTER 2025 FINANCIAL SUMMARY

•Net sales of $6.01 billion

•Loss from continuing operations of $2.36 billion includes the following:

◦$2.47 billion pre-tax non-cash goodwill impairment charge

◦$0.09 billion non-cash accelerated depreciation associated with asset rationalization decisions

◦$0.16 billion of restructuring charges

•Adjusted EBITDA (non-GAAP) from continuing operations of $0.76 billion

•Cash provided by operating activities of $0.91 billion

•Free cash flow (non-GAAP) of $0.26 billion

2026 FINANCIAL TARGETS

•Adjusted EBITDA (non-GAAP) from continuing operations

◦Full-year: $3.5-$3.7 billion

◦First quarter: $0.74-$0.76 billion

MEMPHIS, Tenn. – January 29, 2026 – International Paper (NYSE: IP; LSE: IPC) (the "Company") today announced results for the full-year and fourth quarter ended December 31, 2025. The Company separately announced its plan to create two independent, publicly traded packaging solutions companies in North America and EMEA.

“Throughout 2025, we made significant progress executing our profitable growth strategy,” said Chairman and CEO Andy Silvernail. “By deploying and embedding 80/20, we focused resources where we can win and built two regional packaging powerhouses. In North America we grew above market in the second half of the year and delivered 37% year-over-year adjusted EBITDA improvement. In EMEA, we moved decisively and made significant progress in applying our commercial and structural cost levers to set us up for a strong year ahead.”

“As we enter 2026, we anticipate meaningful progress on our commercial and cost-out initiatives and expect to deliver $3.5 - $3.7B of adjusted EBITDA for the full year and $740-760 million in the first quarter. These targets are based on above-industry growth but do not reflect future price realization. Further, we have not yet fully assessed the impact of this week’s winter storm across the US.” Silvernail continued, “We have confidence in the plans to achieve our targets for 2026 and believe our ongoing transformation investments will allow us to build momentum as we work toward forming two scaled, independent, regional packaging solutions leaders in North America and EMEA.”

Select Financial Measures

The preliminary full-year and fourth quarter 2025 results discussed in this release will be finalized in our Annual Report on Form 10-K, which we intend to file with the U.S. Securities and Exchange Commission on February 26, 2026.

(In millions)Fourth Quarter 2025Fourth Quarter 2024Third Quarter 2025Full-Year 2025Full-Year 2024

Net Sales $6,006 $3,922 $6,222 $23,634 $15,835

Earnings (Loss) from Continuing Operations before Income Taxes and Equity Earnings (Loss)(2,654)113 (675)(3,368)369

Earnings (Loss) from Continuing Operations(2,363)88 (426)(2,838)725

Adjusted EBITDA from Continuing Operations758 443 859 2,976 1,636

Adjusted Operating Earnings (Loss) (43)135 (224)(100)471

Cash Provided By (Used For) Operating Activities 905 397 605 1,698 1,678

Free Cash Flow 255 137 150 (159)757

Diluted EPS from Continuing Operations and Adjusted Operating EPS

Fourth Quarter 2025Fourth Quarter 2024Third Quarter 2025Full-Year 2025Full-Year 2024

Diluted Earnings (Loss) Per Share from Continuing Operations $(4.48)$0.25 $(0.81)$(5.61)$2.05

Add Back – Non-Operating Pension Expense (Income)

(0.01)(0.02)(0.01)(0.02)(0.12)

Add Back – Net Special Items Expense (Income)

4.98 0.17 0.67 6.40 0.66

Income Taxes - Non-Operating Pension and Special Items(0.57)(0.02)(0.28)(0.97)(1.26)

Adjusted Operating Earnings (Loss) Per Share $(0.08)$0.38 $(0.43)$(0.20)$1.33

NON-GAAP MEASURES

This release refers to the following non-GAAP financial measures:

Adjusted EBITDA from continuing operations is a non-GAAP financial measure and is defined as earnings (loss) from continuing operations before income taxes, equity earnings (loss), interest expense, net, net special items, non-operating pension expense (income) and depreciation and amortization. The most directly comparable GAAP measure is earnings (loss) from continuing operations before income taxes and equity earnings (loss). A reconciliation of earnings (loss) from continuing operations before income taxes and equity earnings (loss) to adjusted EBITDA from continuing operations an