Loading...
•
Jun 30, 2025
Kodak Q2 2025 Earnings Report
Kodak reported its second-quarter 2025 financial results, showing a decrease in consolidated revenues and a GAAP net loss.
Key Takeaways
Kodak experienced a challenging second quarter in 2025, with consolidated revenues decreasing by 1% to $263 million and a significant shift from a net income of $26 million in Q2 2024 to a net loss of $26 million. Operational EBITDA also declined by 25% to $9 million, primarily due to lower volumes and higher costs, partially offset by price increases.
Consolidated revenues for Q2 2025 were $263 million, a 1% decrease compared to $267 million in Q2 2024.
The company reported a GAAP net loss of $26 million in Q2 2025, a significant decline from a net income of $26 million in the prior-year quarter.
Operational EBITDA decreased by 25% to $9 million in Q2 2025, down from $12 million in Q2 2024.
Kodak ended the quarter with a cash balance of $155 million, a decrease of $46 million from December 31, 2024, driven by capital expenditures and working capital changes.
Revenue by Segment
Forward Guidance
Kodak plans to focus on serving customers, strengthening its balance sheet, and developing growth businesses for the remainder of the year, with a particular emphasis on the Advanced Materials & Chemicals group. The company is also progressing with the termination of its U.S. Kodak Retirement Income Plan to pay down debt.
Positive Outlook
- Continued progress against long-term plan despite uncertain business environment.
- Assessment of potential impact of new tariffs, with an expectation that they protect U.S. businesses like Kodak.
- Acceleration of growth in the Advanced Materials & Chemicals (AM&C) business.
- AM&C group's cGMP pharmaceutical manufacturing facility is now FDA registered and certified.
- Expected completion of the Kodak Retirement Income Plan reversion by December 2025 to reduce debt.
Challenges Ahead
- Uncertain business environment posing challenges.
- Potential impact of new tariffs going forward.
- Substantial doubt about the Company’s ability to continue as a going concern due to financing plans not being deemed “probable” under U.S. GAAP.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...