Eastman Kodak reported third quarter 2026 results featuring a 3% year-over-year increase in consolidated revenue to $276 million, which fell short of analyst estimates. While top-line growth was modest, the company achieved a beat on the bottom line with GAAP net income rising to $21 million, driven by expansion in high-margin segments and reduced interest expenses.
Key Highlights
- The Advanced Materials & Chemicals (AM&C) segment saw revenue grow 21% to $99 million, continuing its role as the company's primary growth engine.
- Print revenue declined 7% to $165 million as the legacy business faced challenging global economic conditions.
- Operational EBITDA increased to $31 million from $29 million in the prior-year period, supported by improved pricing and volumes.
- Kodak maintained a robust liquidity position with a quarter-end cash balance of $317 million, even after executing $101 million in term loan repayments during the fiscal year.