International Paper SG&A decreased by 6.4% to $510.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $487.00M to $510.00M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 11.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $396.00M | $343.00M | $344.00M | $341.00M | $300.00M | $337.00M | $315.00M | $381.00M | $336.00M | $286.00M | $254.00M | $358.00M | $453.00M | $473.00M | $481.00M | $487.00M | $578.00M | $493.00M | $545.00M | $510.00M |
| QoQ Change | — | -13.4% | +0.3% | -0.9% | -12.0% | +12.3% | -6.5% | +21.0% | -11.8% | -14.9% | -11.2% | +40.9% | +26.5% | +4.4% | +1.7% | +1.2% | +18.7% | -14.7% | +10.5% | -6.4% |
| YoY Change | — | — | — | — | -24.2% | -1.7% | -8.4% | +11.7% | +12.0% | -15.1% | -19.4% | -6.0% | +34.8% | +65.4% | +89.4% | +36.0% | +27.6% | +4.2% | +13.3% | +4.7% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| PS NA | — | — | — | — | $340.00M | $335.00M | $336.00M | $333.00M |
| PS EMEA | — | — | — | — | $154.00M | $134.00M | $155.00M | $157.00M |
| Global Cellulose Fibers | $61.00M | — | — | — | $56.00M | — | — | — |
| Industrial Packaging | $362.75M | $362.75M | $362.75M | — | — | — | — | — |
| Packaging Solutions EMEA | — | — | — | $93.00M | — | — | — | — |
| Packaging Solutions North America | — | — | — | $282.00M | — | — | — | — |
| Total | $453.00M | $473.00M | $481.00M | $487.00M | $578.00M | $493.00M | $545.00M | $510.00M |
Industrial Packaging is derived from annual filings.
Global Cellulose Fibers, Industrial Packaging, Packaging Solutions EMEA, Packaging Solutions North America were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.