Kodak Swings to Profit in Q2 2026, Revenue Jumps 18%
KODK has more than doubled off its 52-week low of $4.94.
Summary
Kodak reported strong Q2 2026 results with 18% revenue growth and a swing to profitability, marking its fourth straight quarter of improvement. Cash declined due to debt repayments, but operational trends are positive.
Key Events · Earnings and Guidance · KODK
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Revenue Up 18% to $311M
Consolidated revenue rose $48 million year-over-year, with Advanced Materials & Chemicals up 40% and Print up 10%.
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Swung to $17M Net Profit
GAAP net income was $17 million, a $43 million improvement from a $26 million loss in Q2 2025, driven by higher gross profit and lower interest expense.
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Operational EBITDA Quadrupled
Operational EBITDA reached $36 million, up from $9 million, reflecting improved pricing, higher volumes, and operating leverage.
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Cash Declined to $290M on Debt Paydown
Cash fell $47 million from year-end 2025, primarily due to $101 million in term loan repayments, partially offset by $87 million from pension asset redemptions.
Analysis · KODK · Industrial Applications And Services
Kodak delivered its fourth consecutive quarter of year-over-year growth, with revenue up 18% to $311 million and a swing to a $17 million GAAP net profit from a $26 million loss a year ago. Operational EBITDA surged to $36 million, driven by strong performance in both Print and Advanced Materials & Chemicals segments. The cash balance declined to $290 million, largely due to $101 million in term loan repayments, partially offset by $87 million from pension asset redemptions. The results show sustained operational momentum, but the cash drawdown and ongoing debt service remain key watchpoints.
At the time of this filing, KODK was trading at $9.95 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $874.3M. The 52-week trading range was $4.94 to $14.87. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.