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Cost of Revenue

Total Cost of Revenue

International Paper Total Cost of Revenue increased by 2.9% to $4.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.5%, from $3.81B to $4.24B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 5.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase relative to revenue suggests rising input costs or manufacturing inefficiencies, while a decrease indicates improved cost control.

Detailed definition

Total cost of revenue includes all direct costs attributable to the production of goods or services sold by the company....

Peer comparison

Highly comparable across manufacturing sectors; peers focus on managing commodity price volatility in raw materials.

Metric ID: total_cost_of_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.4B$3.42B$3.66B$3.84B$3.81B$3.83B$3.67B$3.64B$3.36B$3.35B$1.17B$3.42B$3.36B$2.88B$2.77B$3.81B$4.88B$4.29B$4.12B$4.24B
QoQ Change+0.6%+6.9%+4.9%-0.9%+0.6%-4.2%-0.7%-7.7%-0.4%-65.2%+193.9%-1.9%-14.3%-4.0%+37.6%+28.1%-12.1%-3.8%+2.9%
YoY Change+11.9%+11.9%+0.2%-5.1%-11.7%-12.7%-68.2%-6.0%+0.0%-13.9%+137.3%+11.1%+45.1%+48.9%+49.1%+11.5%
Range$1.17B$4.88B
CAGR+4.8%
Avg YoY Growth+13.1%
Median YoY Growth+5.7%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PS NA$2.7B$2.58B$2.49B$2.51B
PS EMEA$1.7B$1.72B$1.66B$1.71B
Global Cellulose Fibers$483M$460M
Industrial Packaging$2.75B$2.75B$2.75B
Packaging Solutions EMEA$1.15B
Packaging Solutions North America$2.57B
Total$3.36B$2.88B$2.77B$3.81B$4.88B$4.29B$4.12B$4.24B

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.

Frequently Asked Questions

What is International Paper's total cost of revenue?
International Paper (IP) reported total cost of revenue of $4.24B in Q1 2026.
How has International Paper's total cost of revenue changed year-over-year?
International Paper's total cost of revenue increased by 11.5% year-over-year, from $3.81B to $4.24B.
What is the long-term trend for International Paper's total cost of revenue?
Over 4 years (2021 to 2025), International Paper's total cost of revenue has grown at a 5.4% compound annual growth rate (CAGR), from $13.83B to $17.09B.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services sold.