Ranpak Holdings Corp Class A (PACK) financials
Ranpak Holdings revenue and earnings by year
Ranpak Holdings's revenue was $395 million in the fiscal year to December 31, 2025, up 7.1% from the year before. Net income was -$38.3 million, -9.7% of revenue. Since the fiscal year to December 31, 2020, revenue has grown 5.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 6 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
| Revenue | 395 | 369 | 336 | 327 | 384 | 298 |
| Revenue growth | 7.1% | 9.7% | 3.0% | -15.0% | 28.7% | — |
| Gross profit | 131 | 140 | 123 | 100 | 149 | 123 |
| Gross margin | 33.1% | 37.9% | 36.7% | 30.5% | 38.8% | 41.1% |
| Operating income | -24 | -13 | -8 | -43 | 12 | 12 |
| Operating margin | -6.2% | -3.5% | -2.2% | -13.0% | 3.2% | 3.9% |
| Net income | -38 | -22 | -27 | -41 | -3 | -23 |
| Net margin | -9.7% | -5.8% | -8.1% | -12.7% | -0.7% | -7.8% |
| Diluted EPS | -$0.45 | -$0.26 | -$0.33 | -$0.51 | -$0.04 | -$0.32 |
| Free cash flow | -7 | 8 | 0 | -45 | -1 | 31 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open PACK in Markets.
How Ranpak Holdings makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Europe & Asia | $54.1M | 53.1% |
| North America | $47.8M | 46.9% |
See also: PACK returns
No forecast, no recommendation. This page describes Ranpak Holdings Corp Class A from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.