Jun 2026 (Q2 FY26) — Jul 28, 2026
Clearwater Paper Q2 FY26 — Strong Shipment Growth Amidst Market Pricing Decline
Read the full callClearwater Paper (CLW) earnings
- Mar 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Clearwater Paper earnings: last reported Tue, 28 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 360 | −4.7% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | -2.9 | −1.8 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | -12.8 | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$18.63 −3.47% · −$0.67
Performance −1.6% 1Y
1Y: $18.93 on 17 Oct 2025 → $18.63. High $23.31 (7 Aug 2026), low $12.44 (20 Mar 2026).
- Previous close
- $19.3
- 52-week range
- $12.44 – $23.31
- One year
- −5.14%
Overview
- Symbol
- CLW
- Sector
- Materials
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Clearwater Paper earnings calls (CLW)
Financials
What the filings say
Net profit, year on year: −103% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 344 | 393 | 387 | 378 | 392 | 399 | 386 | 360 |
| Expenses | 391 | 395 | 403 | 382 | 382 | 454 | 379 | 371 |
| Operating profit | -47 | -1 | -16 | -4 | 10 | -55 | 8 | -10 |
| Operating margin | −13.6% | −0.3% | −4.0% | −1.1% | 2.5% | −13.9% | 1.9% | −2.9% |
| Other income | -9 | -13 | -14 | -4 | -4 | -5 | -5 | -6 |
| Interest | 10 | 13 | 7 | 3 | 4 | 5 | 6 | 5 |
| Net profit | -26 | 6 | 199 | -6 | 3 | -53 | 38 | -13 |
| EPS ($ per share) | -1.55 | 0.35 | 11.91 | -0.38 | 0.17 | -3.30 | — | -0.80 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 487 | 482 | 559 | 531 | 577 | 685 | 881 | 862 |
| Total liabilities | 1,362 | 1,446 | 1,279 | 1,178 | 1,132 | 1,003 | 825 | 763 |
| Fixed assets | 1,269 | 1,258 | 1,192 | 1,082 | 1,017 | 361 | 1,023 | 1,002 |
| Total assets | 1,788 | 1,878 | 1,800 | 1,690 | 1,704 | 1,672 | 1,679 | 1,588 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 169 | 56 | 247 | 96 | 150 | 191 | 61 | 12 |
| Cash from investing | -224 | -140 | -40 | -25 | -33 | -74 | 168 | -100 |
| Cash from financing | 63 | 82 | -193 | -82 | -89 | -129 | -191 | 39 |
| Capital expenditure | -296 | -140 | -40 | -38 | -33 | -74 | -117 | -89 |
| Free cash flow | -127 | -84 | 207 | 58 | 117 | 117 | -55 | -76 |
Insider filings
32 filings between Nov 28, 2025 and Aug 15, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$161.2K
1 sale by 1 insider
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 9
- Award — granted as compensation
- 22
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Bowden Steve M | — | $161.2K | Nov 28, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 15, 2026 | Baker Sherri SVP, CFO | Tax withheld | 4,634 | $99.3K |
| Jul 1, 2026 | Rome Marc D. SVP, Gen. Counsel & Corp. Sec. | Tax withheld | 226 | $3.5K |
| May 18, 2026 | Kitch Arsen S. President, CEO | Award | 9,154 | $0 |
| May 15, 2026 | Passarello Mathew D Sr. V.P. | Tax withheld | 179 | $2.5K |
| Mar 15, 2026 | Kitch Arsen S. President, CEO | Tax withheld | 5,388 | $70.6K |
| Mar 15, 2026 | Kitch Arsen S. President, CEO | Tax withheld | 4,965 | $65.1K |
| Mar 15, 2026 | Kitch Arsen S. President, CEO | Tax withheld | 3,170 | $41.6K |
| Mar 15, 2026 | Bowden Steve M Sr. V.P. | Tax withheld | 540 | $7.1K |
| Mar 15, 2026 | Bowden Steve M Sr. V.P. | Tax withheld | 497 | $6.5K |
| Mar 15, 2026 | Bowden Steve M Sr. V.P. | Tax withheld | 450 | $5.9K |
| Mar 15, 2026 | Baker Sherri SVP, CFO | Tax withheld | 569 | $7.5K |
| Mar 15, 2026 | Baker Sherri SVP, CFO | Tax withheld | 524 | $6.9K |
| Mar 15, 2026 | Passarello Mathew D Sr. V.P. | Tax withheld | 390 | $5.1K |
| Mar 15, 2026 | Rome Marc D. SVP, Gen. Counsel & Corp. Sec. | Tax withheld | 355 | $4.7K |
| Mar 15, 2026 | Krajnik Sean M. Senior Vice President | Tax withheld | 623 | $8.2K |
| Mar 15, 2026 | Krajnik Sean M. Senior Vice President | Tax withheld | 534 | $7.0K |
| Mar 15, 2026 | Krajnik Sean M. Senior Vice President | Tax withheld | 193 | $2.5K |
| Mar 15, 2026 | Aulin Virginia L. Senior Vice President | Tax withheld | 381 | $5.0K |
| Mar 15, 2026 | Rome Marc D. SVP, Gen. Counsel & Corp. Sec. | Tax withheld | 293 | $3.8K |
| Mar 15, 2026 | Barckley Rebecca Anne VP, Controller | Tax withheld | 159 | $2.1K |
| Mar 15, 2026 | Barckley Rebecca Anne VP, Controller | Tax withheld | 141 | $1.8K |
| Mar 15, 2026 | Barckley Rebecca Anne VP, Controller | Tax withheld | 123 | $1.6K |
| Feb 26, 2026 | Barckley Rebecca Anne VP, Controller | Award | 4,338 | $0 |
| Feb 26, 2026 | Kitch Arsen S. President, CEO | Award | 83,623 | $0 |
| Feb 26, 2026 | Bowden Steve M Sr. V.P. | Award | 13,278 | $0 |
| Feb 26, 2026 | Baker Sherri SVP, CFO | Award | 15,220 | $0 |
| Feb 26, 2026 | Passarello Mathew D Sr. V.P. | Award | 10,422 | $0 |
| Feb 26, 2026 | Rome Marc D. SVP, Gen. Counsel & Corp. Sec. | Award | 11,422 | $0 |
| Feb 26, 2026 | Krajnik Sean M. Senior Vice President | Award | 10,708 | $0 |
| Feb 26, 2026 | Aulin Virginia L. Senior Vice President | Award | 9,994 | $0 |
| Jan 15, 2026 | Rome Marc D. SVP, Gen. Counsel & Corp. Sec. | Tax withheld | 81 | $1.6K |
| Nov 28, 2025 | Bowden Steve M Sr. V.P. | Sale 10b5-1 plan | 8,889 | $161.2K |
| Jul 1, 2025 | Rome Marc D. SVP, Gen. Counsel & Corp. Sec. | Award | 2,310 | $0 |
| May 15, 2025 | Passarello Mathew D Sr. V.P. | Tax withheld | 179 | $5.1K |
| Mar 17, 2025 | Moyes Kari G. SVP, HR | Sale 10b5-1 plan | 1,132 | $27.1K |
| Mar 15, 2025 | Gadd Michael S SVP, GC, Corp Secretary | Tax withheld | 507 | $12.1K |
| Mar 15, 2025 | Moyes Kari G. SVP, HR | Tax withheld 10b5-1 plan | 420 | $10.1K |
| Mar 15, 2025 | Barckley Rebecca Anne VP, Controller | Tax withheld | 123 | $2.9K |
| Mar 15, 2025 | Moyes Kari G. SVP, HR | Tax withheld 10b5-1 plan | 369 | $8.8K |
| Mar 15, 2025 | Barckley Rebecca Anne VP, Controller | Tax withheld | 142 | $3.4K |
| Mar 15, 2025 | Urlick Michael J Sr. V.P. | Tax withheld | 435 | $10.4K |
| Mar 15, 2025 | Urlick Michael J Sr. V.P. | Tax withheld | 531 | $12.7K |
| Mar 15, 2025 | Bowden Steve M Sr. V.P. | Tax withheld | 448 | $10.7K |
| Mar 15, 2025 | Bowden Steve M Sr. V.P. | Tax withheld | 511 | $12.2K |
| Mar 15, 2025 | Baker Sherri SVP, CFO | Tax withheld | 512 | $12.3K |
| Mar 15, 2025 | Kitch Arsen S. President, CEO | Tax withheld | 3,771 | $90.3K |
| Mar 15, 2025 | Kitch Arsen S. President, CEO | Tax withheld | 4,965 | $118.9K |
| Mar 15, 2025 | Gadd Michael S SVP, GC, Corp Secretary | Tax withheld | 446 | $10.7K |
| Mar 3, 2025 | Gadd Michael S SVP, GC, Corp Secretary | Tax withheld | 531 | $13.9K |
| Mar 3, 2025 | Kitch Arsen S. President, CEO | Tax withheld | 3,772 | $98.6K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for Clearwater Paper Corp
Free account. Everything above stays public.
Write why you follow Clearwater Paper Corp and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading