---
title: "Packaging Corporation reports Q2 2026: Revenue $2.49B, Adj. diluted EPS $2.35"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293594500.md"
description: "Packaging Corporation reported Q2 2026 net sales of $2.49 billion, up from $2.17 billion in the prior year period. Adjusted diluted EPS was $2.35, excluding special items related to facility closures and restructuring. The company cited strong demand and acquired operations driving a 24.3% increase in corrugated shipments. Additionally, Packaging Corp announced price increases for containerboard and corrugated products, expecting further realization in Q3 2026."
datetime: "2026-07-23T10:03:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293594500.md)
  - [en](https://longbridge.com/en/news/293594500.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293594500.md)
generator: "portal-rs"
---

# Packaging Corporation reports Q2 2026: Revenue $2.49B, Adj. diluted EPS $2.35

Packaging Corporation reported second-quarter 2026 net income of $192.1 million, or $2.15 diluted EPS, and adjusted net income of $210.1 million, or $2.35 diluted EPS excluding special items. Second-quarter net sales were $2,489.9 million, up from $2,171.3 million a year earlier. The company cited facility closure and Wallula mill restructuring costs among special items and provided third-quarter 2026 adjusted EPS guidance of $2.91 excluding special items.

**Financial Highlights**

-   Net sales: $2,489.9 million for the three months ended June 30, 2026 (vs. $2,171.3 million in Q2 2025).
-   Gross profit: $512.5 million for Q2 2026.
-   Income from operations: $291.2 million for Q2 2026.
-   Net income: $192.1 million for Q2 2026; Net income excluding special items: $210.1 million for Q2 2026.
-   Diluted EPS: $2.15 reported; Diluted EPS excluding special items: $2.35 for Q2 2026.

**Business Highlights**

-   Total corrugated products shipments rose 24.3% per day and in total versus Q2 2025, driven in part by acquired operations.
-   Legacy packaging business shipments increased 4.1% per day year-over-year with the same number of shipping days in each period.
-   Containerboard production continued at full capacity; the company reduced export sales to support corrugated products demand and reported improved mill performance including acquired Greif mills.
-   Acquired Greif operations contributed earnings through strong volumes at corrugated plants and improved mill performance; measurement-period adjustments benefited depreciation expense modestly.
-   Company announced and began implementing containerboard and corrugated products price increases and expects further price realization and higher packaging volumes entering Q3 2026.

Original SEC Filing: PACKAGING CORP OF AMERICA \[ PKG \] - 8-K - Jul. 22, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**