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Ranpak Holdings PACK North America — Net product revenue

Other segment segments

Europe/Asia
$59.3M

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Other financials

Income statement

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Revenue$105.2M+14.0%
Gross profit$34.5M+19.4%
Operating income-$2.4M+75.3%
Net income-$7.9M-5.3%
EPS (diluted)-$0.090.0%

Balance sheet

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Cash & equivalents$43.2M-12.2%
Total debt$429.7M-0.8%
Total equity$519.9M-3.5%
Total assets$1.1B-3.6%

Cash flow

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Operating cash flow$2.7M+175%
CapEx$2.7M+42.1%
Free cash flow$3.5M+333%

Valuation

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Market cap$472.53M+31.2%
Enterprise value$859.03M+15.0%
P/S1.1×+0.2×

Profitability

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Gross margin33.6%-2.0pp
Operating margin-3.1%
Net margin-9.1%-0.6pp
FCF margin6.1%-2.5pp

Returns & leverage

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Return on equity-7.2%+0.5pp
Debt / equity0.8×0.0×
Current ratio1.8×0.0×

Where this comes from

Reported directly by Ranpak Holdings in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Ranpak Holdings’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 9:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050839
Line itemThree Months Ended June 30, 2026 / North AmericaThree Months Ended June 30, 2026 / Europe/AsiaThree Months Ended June 30, 2026 / ConsolidatedSix Months Ended June 30, 2026 / North AmericaSix Months Ended June 30, 2026 / Europe/AsiaSix Months Ended June 30, 2026 / Consolidated
Net product revenue$36.5$49.9$86.4$69.6$98.6$168.2
Machine lease revenue9.49.418.818.819.438.2
Net revenue45.959.3105.288.4118.0206.4
Less:
Cost of sales excluding depreciation and amortization30.533.058.663.4
Compensation expense(1)12.515.125.830.8
Professional fees2.01.04.02.0
Stock-based compensation0.90.32.10.4

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Ranpak Holdings's north america — net product revenue?
Ranpak Holdings (PACK) reported north america — net product revenue of $45.9M in Q2 2026.
How has Ranpak Holdings's north america — net product revenue changed year-over-year?
Ranpak Holdings's north america — net product revenue increased by 8.5% year-over-year, from $42.3M to $45.9M.
What is the long-term trend for Ranpak Holdings's north america — net product revenue?
Over 4 years (2021 to 2025), Ranpak Holdings's north america — net product revenue has grown at a 6.1% compound annual growth rate (CAGR), from $146.9M to $186M.
What does north america — net product revenue mean?
Represents the total revenue generated from the sale of physical goods and consumables within the North American market. This metric excludes service-based income and reflects the core demand for the company's protective packaging products in this specific geographic region.

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