The financials
Packaging Corporation of America by the numbers
Packaging Corporation of America (PKG) reported revenue of $2.37B in Q1 2026 (quarter ended Mar 31, 2026), up 11% from the same quarter a year earlier. That came with a gross margin of 19% and net income of $171M (7.2% of revenue). For the full year FY2025, revenue was $8.99B (+7.2% year on year) and net income $774M. Its largest product in Jun 2026 was Trade at $2.31B, 99% of the disclosed total, well ahead of Fiber at 0.9%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $2.37B | $2.14B | +11% |
| Gross profit | $453M | $455M | −0.4% |
| Operating income | $251M | $280M | −10% |
| Net income | $171M | $204M | −16% |
| Diluted EPS | $1.91 | $2.26 | −15% |
| Product | Revenue | Share |
|---|---|---|
| Trade | $2.31B | 99% |
| Fiber | $21M | 0.9% |
| Intersegment | $2.0M | 0.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $2.33B (+5.7%)
Fiber grew +20% year on yearTrade +15% year on year
Segment Latestquarter on quarteryear on year
- Trade$2.31B$2.31BQoQ +5.6%year on year +15%+5.6%+15%
- Fiber$21.4M$21.4MQoQ +19%year on year +20%+19%+20%
- Intersegment$2.0M$2.0MQoQ +150%year on year -+150%-
Packaging & Containers
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