Automation surge powers Ranpak's 14% Q2 revenue jump, loss narrows
PACK sits 82% above its 52-week low of $3.22.
Summary
Ranpak Holdings Corp. posted Q2 2026 revenue of $105.2 million, a 14% year-over-year increase fueled by a 134% surge in automation revenue. The net loss narrowed to $7.9 million, and operating cash flow turned positive.
Key Events · Earnings and Guidance · PACK
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Revenue Beat
Q2 revenue reached $105.2M, beating the $100.94M consensus by 4.2% and climbing 14% year-over-year.
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Automation Surge
Automation revenue soared 134% to $16.6M, emerging as a significant growth driver.
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Narrowing Losses
The net loss improved to $7.9M from $7.5M a year ago, while AEBITDA rose 15.8% to $19.1M.
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Cash Position
Cash and equivalents declined to $43.2M from $63.0M at year-end, but operating cash flow turned positive at $7.1M.
Analysis · PACK · Manufacturing
A standout quarter for Ranpak, with revenue topping consensus by 4.2% and automation revenue more than doubling. While the net loss narrowed and operating cash flow swung positive, cash reserves fell sharply. Liquidity remains solid with an untapped revolver, though the absence of buybacks under the newly authorized program and the pace of cash consumption warrant attention.
At the time of this filing, PACK was trading at $5.87 on NYSE in the Manufacturing sector, with a market capitalization of approximately $499.6M. The 52-week trading range was $3.22 to $7.81. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.