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as of 10-30-2026 3:38pm EST

$3.18
$0.23
-6.62%
Stocks Consumer Discretionary Containers/Packaging Nasdaq

Ranpak Holdings Corp is a provider of environmentally sustainable, systems-based, product protection solutions for e-Commerce and industrial supply chains. The company offers a full suite of protective packaging systems and paper consumables. The group generates revenue by providing its PPS systems and paper consumables to customers, which include direct end-users and a network of exclusive paper packaging solution distributors, and by providing end-of-line automation systems that solve challenges, including optimization, customization, and efficiency. It has two segments, North America and Europe/Asia.

Founded: 1972 Country:
United States
United States
Employees: N/A City: CONCORD TOWNSHIP
Market Cap: 420.2M IPO Year: 2017
Target Price: $7.08 AVG Volume (30 days): 613.1K
Analyst Decision: Buy Number of Analysts: 3
Dividend Yield:
N/A
Dividend Payout Frequency: N/A
EPS: -0.30 EPS Growth: -73.08
52 Week Low/High: $3.05 - $7.81 Next Earning Date: 10-29-2026
Revenue: $395,000,000 Revenue Growth: 7.08%
Revenue Growth (this year): 9.87% Revenue Growth (next year): 9.00%
P/E Ratio: -16.12 Index:
Free Cash Flow: -32200000.0 FCF Growth: N/A

Earnings Transcripts

SEC 8-K filings with transcript text

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2026
Q3

Q3 2026 Earnings

8-K BUY

Oct 29, 2026 · 100% conf.

AI Prediction BUY

1D

+7.57%

$3.64

5D

+19.05%

$4.03

20D

+21.30%

$4.11

Price: $3.38 Prob +5D: 100% AUC: 1.000
0001628280-26-068022

EX-99.1

2 a04pack-202609xex99x1.htm

EX-99.1

Document

Exhibit 99.1

Ranpak Holdings Corp. Reports Third Quarter 2026 Financial Results

•Net revenue for the third quarter increased 2.3% year over year to $101.9 million and increased 3.4% year over year on a constant currency basis

•Net loss for the third quarter of $7.2 million compared to net loss of $10.4 million for the prior year period

•Adjusted EBITDA (“AEBITDA”)(1) for the third quarter of $22.5 million, an increase of 5.1%, or $1.1 million, year over year, and up 6.1% on a constant currency basis

CONCORD TOWNSHIP, Ohio, October 29, 2026 – Ranpak Holdings Corp. (NYSE: PACK) (“Ranpak” or “the Company”), a leading provider of environmentally sustainable, systems-based, product protection and end-of-line automation solutions for e-commerce and industrial supply chains, today reported its third quarter 2026 financial results.

Omar Asali, Chairman and Chief Executive Officer, commented, “We are pleased to grow our top-line and AEBITDA in the third quarter as our diversification into Automation continues to drive growth and differentiate us from our competition. Automation delivered another strong quarter with revenue growth of 26.9% year over year on a constant currency basis and excluding warrants, bringing year-to-date results in Automation up 79.4% on a constant currency basis and excluding warrants. We remain on track to have a strong year in Automation as we expect to achieve approximately $60 million in revenue and continue scaling to a level that enables us to effectively absorb our overhead and become profitable going forward. In our Protective Packaging Solutions, we continue to navigate a dynamic environment due to rising energy prices and macro uncertainty. As expected, we saw the distribution channel in North America return to growth as we lap the challenging comparisons experienced in the first half of the year and our new products gain traction, resulting in volume growth of 1.8% year over year overall in the region. After exceeding expectations in the second quarter, Europe/Asia volumes were lower by 4.9% year over year as we saw some destocking in the channel and an overall more cautious environment, but we do expect to return to growth in Europe/Asia in the fourth quarter. We continue to focus on our margin enhancement initiatives improving gross margin by 110 bps versus prior year to 35.6%, and increasing 280 bps sequentially from the second quarter driven by improvement in North America.

Together, these factors contributed to net revenue growth of 2.3%, or 3.4% on a constant currency basis, inclusive of a $1.2 million provision for warrants. AEBITDA increased $1.1 million or 5.1% to $22.5 million and was up 6.1% on a constant currency basis. Excluding the impact of warrants, AEBITDA increased 7.7% on a constant currency basis. On a year-to-date basis we have achieved net revenue growth of 8.9%, or 6.6% on a constant currency basis, inclusive of a $4.6 million provision for warrants. Year-to-date AEBITDA increased $5.3 million, or 9.6%, to $60.5 million and was up 6.0% on a constant currency basis. Excluding the impact of warrants, year-to-date AEBITDA increased 8.8% on a constant currency basis.

While volatility has stepped up markedly since the end of the second quarter, we believe we are executing well on the things that are in our control and expect to achieve our prior guidance for the year. Consistent with prior quarters we remain disciplined on cost and are focused on delivering top‑line growth while strengthening our margin profile.”

Third Quarter 2026 Highlights

(All comparisons vs. third quarter 2025, unless noted otherwise)

•Net revenue increased 2.3% year over year and increased 3.4% on a constant currency basis, including a non-cash decrease of 0.4% from the provision for warrants, which increased to a $1.2 million reduction in net revenue compared to a $0.8 million reduction in the prior year period

•Net loss of $7.2 million compared to a net loss of $10.4 million for the prior year period

•AEBITDA of $22.5 million is up 5.1% year over year and up 6.1% on a constant currency basis, including a $1.2 million non-cash reduction for warrants compared to a $0.8 million reduction in the prior year period

•PPS system placement decreased 1.9% year over year, to approximately 142.8 thousand machines as of September 30, 2026

Net revenue for the third quarter of 2026 was $101.9 million compared to $99.6 million for the third quarter of 2025, an increase of $2.3 million, or 2.3% (3.4% on a constant currency basis) and includes a non-cash reduction of $0.8 million to void-fill and $0.4 million to automation net revenue from the provision for warrants in the current period. Net revenue for the third quarter of 2025 includes a non-cash reduction of $0.8 million to void-fill from the provision for warrants. Net revenue was positively impacted by increases in automation equipment sales and wrapping, partially offset by a decre

2026
Q2

Q2 2026 Earnings

8-K SELL

Jul 30, 2026 · 100% conf.

AI Prediction SELL

1D

-5.81%

$5.02

Act: -3.94%

5D

-11.37%

$4.72

20D

-9.22%

$4.84

Price: $5.33 Prob +5D: 0% AUC: 1.000
0001628280-26-050798

EX-99.1

2 a04pack-202606xex99x1.htm

EX-99.1

Document

Exhibit 99.1

Ranpak Holdings Corp. Reports Second Quarter 2026 Financial Results

•Net revenue for the second quarter increased 14.0% year over year to $105.2 million and increased 12.2% year over year on a constant currency basis

•Net loss for the second quarter of $7.9 million compared to net loss of $7.5 million for the prior year period

•Adjusted EBITDA (“AEBITDA”)(1) for the second quarter of $19.1 million, an increase of 15.8%, or $2.6 million, year over year, and up 13.9% on a constant currency basis

•Protective Packaging Solutions (“PPS”) system placement down 2.3% year over year to approximately 141.7 thousand machines at June 30, 2026

CONCORD TOWNSHIP, Ohio, July 30, 2026 – Ranpak Holdings Corp. (NYSE: PACK) (“Ranpak” or “the Company”), a leading provider of environmentally sustainable, systems-based, product protection and end-of-line automation solutions for e-commerce and industrial supply chains, today reported its second quarter 2026 financial results.

Omar Asali, Chairman and Chief Executive Officer, commented, “I am pleased with the overall second quarter results and the continued excellent growth in Automation as net revenue in the quarter for our automation product line increased 139.4% year over year on a constant currency basis and excluding warrants. We remain on track to have a strong year in Automation expecting to achieve nearly $60 million in revenue. The momentum there is strong and we believe our value proposition is resonating with the marketplace as more and more companies are adopting our box customization and automated dunnage insertion solutions. PPS also experienced growth as volumes increased 2.4% year over year, driven by EMEA which exceeded expectations in a dynamic environment.

Together, these factors contributed to net revenue growth of 14.0% or 12.2% on a constant currency basis, inclusive of a $1.7 million provision for warrants. AEBITDA increased $2.6 million or 15.8% to $19.1 million and was up 13.9% on a constant currency basis. Excluding the impact of warrants, AEBITDA increased 15.8% on a constant currency basis.

Evolving global conflicts continue to create volatility and uncertainty in the near term, but we believe our innovation in PPS, Automation, and sustainable Cold Chain solutions position us well for the next number of years and expands our portfolio to address major areas of the market we have not played in thus far. Our relationships with our large enterprise customers are strong and continue to evolve. We are very focused on partnering with them at scale to provide value added and differentiated solutions and reducing our exposure to products we view to be more commoditized with less of a growth trajectory. We continue to expect to achieve our guidance for the year and are positioning ourselves to achieve our longer term revenue targets through the capacity we are building in the second half of 2026. We remain disciplined on cost and are focused on delivering top‑line growth while strengthening our margin profile.”

Second Quarter 2026 Highlights

•Net revenue increased 14.0% year over year and increased 12.2% on a constant currency basis, including a $1.7 million, or 0.4%, non-cash reduction for warrants, compared to a $1.2 million reduction in the prior period

•Net loss of $7.9 million compared to a net loss of $7.5 million for the prior year period

•AEBITDA of $19.1 million is up 15.8% year over year and up 13.9% on a constant currency basis, including a $1.7 million non-cash reduction for warrants

•PPS system placement decreased 2.3% year over year, to approximately 141.7 thousand machines as of June 30, 2026

Net revenue for the second quarter of 2026 was $105.2 million compared to $92.3 million for the second quarter of 2025, an increase of $12.9 million or 14.0% (12.2% on a constant currency basis) and includes a non-cash reduction of $1.0 million to void-fill and $0.7 million to automation net revenue from the provision for warrants in the current period. Net revenue for the second quarter of 2025 includes a non-cash reduction of $1.2 million to void-fill from the provision for warrants. Net revenue was positively impacted by increases in automation equipment sales, void-fill, and wrapping, partially offset by a decrease in cushioning. Automation net revenue increased $9.5 million, or 133.8% to $16.6 million from $7.1 million; void-fill increased $3.7 million, or 9.0%, to $44.8 million from $41.1 million; wrapping increased $1.4 million, or 19.2%, to $8.7 million from $7.3 million; and cushioning decreased $1.7 million, or 4.6%, to $35.1 million from $36.8 million for the second quarter of 2026 compared to the second quarter of 2025.

1 Please refer to “Non-GAAP Financial Data” in this press release for an explanation and related reconciliation of the Company’s non-GAAP financial measures and further discussion related to certain other non-GAAP metrics included in this press rele

2026
Q1

Q1 2026 Earnings

8-K BUY

Apr 30, 2026 · 100% conf.

AI Prediction BUY

1D

+8.55%

$5.53

Act: +10.02%

5D

+20.35%

$6.13

Act: +25.34%

20D

+22.73%

$6.25

Act: +35.56%

Price: $5.09 Prob +5D: 100% AUC: 1.000
0001628280-26-028587

EX-99.1

2 a04pack-202603xex99x1.htm

EX-99.1

Document

Exhibit 99.1

Ranpak Holdings Corp. Reports First Quarter 2026 Financial Results

•Net revenue for the first quarter increased 11.0% year over year to $101.2 million and 4.5% year over year on a constant currency basis

•Net loss for the first quarter of $10.2 million compared to net loss of $10.9 million for the prior year period

•Adjusted EBITDA (“AEBITDA”)(1) for the first quarter of $18.9 million, an increase of 9.2%, or $1.6 million, year over year, and remained flat on a constant currency basis

•Protective Packaging Solutions (“PPS”) system placement up 0.2% year over year to approximately 144.1 thousand machines at March 31, 2026

CONCORD TOWNSHIP, Ohio, April 30, 2026 – Ranpak Holdings Corp. (NYSE: PACK) (“Ranpak” or “the Company”), a leading provider of environmentally sustainable, systems-based, product protection and end-of-line automation solutions for e-commerce and industrial supply chains, today reported its first quarter 2026 financial results.

Omar Asali, Chairman and Chief Executive Officer, commented, “I am pleased with how we started the year and how effectively we are navigating a dynamic environment.

Automation delivered an exceptional performance and the momentum there continues to accelerate, with net revenue increasing 111% year over year on a constant currency basis and excluding warrants. PPS volumes grew 0.8% year over year, driven by growth in EMEA, which exceeded the expectations we shared on our fourth‑quarter call and marks consolidated PPS volume growth in 10 of the past 11 quarters. As expected, North America faced a challenging comparison versus Q1 of last year where sales were up 33.5%, but we continued to see strong large enterprise e‑commerce activity in North America, while the distribution channel in the region was below last year’s challenging comparison.

Together, these factors contributed to net revenue growth of 11.0% or 4.5% on a constant currency basis, inclusive of a $1.7 million provision for warrants. AEBITDA increased $1.6 million or 9.2% to $18.9 million and was flat on a constant currency basis. Excluding the impact of warrants, AEBITDA increased 5.0% on a constant currency basis.

While global conflicts create additional uncertainty in the near term, we believe we are structurally well positioned. Over the past several years, we have focused on developing sustainable, differentiated, value‑added solutions for our customers. I believe we are in the right substrate, and our Automated solutions deliver meaningful efficiencies and cost savings which have become even more critical in recent months, reinforcing our confidence in our growth trajectory. We are also very pleased with the deepening relationships with Amazon and Walmart and the opportunities to expand our work with them.

Our margin initiatives are gaining traction, and we remain disciplined on cost as we work to drive continued improvements in our results. We remain focused on delivering top‑line growth while strengthening our margin profile.”

First Quarter 2026 Highlights

•Net revenue increased 11.0% year over year and increased 4.5% on a constant currency basis, including a $1.7 million, or 0.9%, non-cash reduction for warrants, compared to $0.8 million reduction in the prior period

•Net loss of $10.2 million compared to net loss of $10.9 million for the prior year period

•AEBITDA of $18.9 million is up 9.2% year over year and flat on a constant currency basis, including a $1.7 million non-cash reduction for warrants

•PPS system placement increased 0.2% year over year, to approximately 144.1 thousand machines as of March 31, 2026

Net revenue for the first quarter of 2026 was $101.2 million compared to $91.2 million for the first quarter of 2025, an increase of $10.0 million or 11.0% (4.5% on a constant currency basis) and includes a non-cash reduction of $0.9 million to void-fill and $0.8 million to automation net revenue from the provision for warrants in the current period. Net revenue was positively impacted primarily by increases in automation, void-fill, and cushioning, partially offset by a decrease in wrapping. Cushioning increased $1.4 million, or 4.0%, to $36.6 million from $35.2 million; void-fill increased $1.6 million, or 4.0%, to $41.9 million from $40.3 million; wrapping decreased $0.1 million, or 1.1%, to $9.3 million from $9.4

1 Please refer to “Non-GAAP Financial Data” in this press release for an explanation and related reconciliation of the Company’s non-GAAP financial measures and further discussion related to certain other non-GAAP metrics included in this press release.

– 1 –

million; and automation net revenue increased $7.1 million, or 112.7% to $13.4 million from $6.3 million for the first quarter of 2026 compared to the first quarter of 2025.

The increase in net revenue for the first quarter of 2026 compared to the first quarter of 2025 is quantified by a 6.8% increase in automation equipment sales, a

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