The financials
Smurfit Westrock by the numbers
Smurfit Westrock (SW) reported revenue of $7.71B in Q1 2026 (quarter ended Mar 31, 2026), up 0.7% from the same quarter a year earlier. That came with a gross margin of 16% and net income of $65M (0.8% of revenue). For the full year FY2025, revenue was $31.2B (+48% year on year) and net income $699M. Its largest segment in Jun 2026 was North America at $4.66B, 58% of the disclosed total, well ahead of Europe Middle East And Africa And Asia Pacific at 35%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $7.71B | $7.66B | +0.7% |
| Gross profit | $1.27B | $1.58B | −20% |
| Operating income | $253M | $553M | −54% |
| Net income | $65M | $384M | −83% |
| Diluted EPS | $0.12 | $0.73 | −84% |
| Operating | Revenue | Share |
|---|---|---|
| North America | $4.66B | 58% |
| Europe Middle East And Africa And Asia Pacific | $2.82B | 35% |
| Latin America | $559M | 7.0% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $8.03B (+4.1%)
Latin America grew +8.5% year on yearNorth America +0.09% year on year
Segment Latestquarter on quarteryear on year
- North America$4.66B$4.66BQoQ +5.7%year on year +0.09%+5.7%+0.09%
- Europe Middle East And Africa And Asia Pacific$2.82B$2.82BQoQ +1.8%year on year +1.6%+1.8%+1.6%
- Latin America$559.0M$559.0MQoQ +3.5%year on year +8.5%+3.5%+8.5%
Packaging & Containers
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