Revenue $2.49B, up 14.7% on a year earlier. Packaging Segment Sales $2.31B, up 15.2%. Paper Segment Sales $157.30M, up 7.9%. Diluted EPS $2.15 against $2.67.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $2.49B | $2.37B | $2.17B | +14.7% |
| Operating income | $291.20M | $251.30M | $333.70M | -12.7% |
| Net income | $192.10M | $170.90M | $241.50M | -20.5% |
| Diluted EPS | $2.15 | $1.91 | $2.67 | |
| Operating cash flow | $376.00M | $329.30M | $299.60M | +25.5% |
| Capital expenditures | -$205.90M | -$164.70M | -$169.70M | |
| Free cash flow | $170.10M | $164.60M | $129.90M | +30.9% |
| Dividend per share | $1.50 | $1.25 | $1.25 |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Packaging Segment Sales | $2.31B | $2.01B | +15.2% |
| Paper Segment Sales | $157.30M | $145.80M | +7.9% |
| Paper segment sales volume change | 6.3% | -5% |
| Period | Measure | Guided | Reported | Result |
|---|---|---|---|---|
| Q2 FY26 | Second Quarter EPS | $2.33 | $2.15 | below |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Packaging Corp Of America (PKG) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/PKG/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
