Ranpak Holdings Corp
NYSE:PACK
Income Statement
Earnings Waterfall
Ranpak Holdings Corp
Income Statement
Ranpak Holdings Corp
| Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
8
|
28
|
38
|
41
|
46
|
31
|
26
|
30
|
30
|
30
|
31
|
22
|
22
|
21
|
21
|
21
|
21
|
22
|
24
|
24
|
25
|
24
|
27
|
29
|
31
|
34
|
34
|
|
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
66
N/A
|
123
+86%
|
192
+56%
|
270
+41%
|
267
-1%
|
276
+4%
|
284
+3%
|
298
+5%
|
323
+8%
|
346
+7%
|
367
+6%
|
384
+5%
|
379
-1%
|
376
-1%
|
356
-5%
|
327
-8%
|
325
0%
|
320
-2%
|
325
+2%
|
336
+3%
|
340
+1%
|
345
+1%
|
354
+3%
|
369
+4%
|
375
+2%
|
381
+2%
|
388
+2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
(38)
|
(74)
|
(114)
|
(159)
|
(157)
|
(160)
|
(167)
|
(176)
|
(190)
|
(206)
|
(218)
|
(235)
|
(242)
|
(246)
|
(240)
|
(227)
|
(223)
|
(216)
|
(214)
|
(213)
|
(212)
|
(215)
|
(222)
|
(229)
|
(236)
|
(245)
|
(253)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
28
N/A
|
49
+73%
|
78
+61%
|
111
+42%
|
110
-1%
|
116
+6%
|
117
+1%
|
123
+5%
|
132
+8%
|
141
+7%
|
149
+6%
|
149
+0%
|
137
-8%
|
130
-5%
|
116
-10%
|
100
-14%
|
103
+3%
|
104
+2%
|
112
+7%
|
123
+11%
|
128
+4%
|
130
+1%
|
133
+2%
|
140
+6%
|
138
-1%
|
136
-2%
|
136
N/A
|
|
| Operating Income | |||||||||||||||||||||||||||||||
| Operating Expenses |
(0)
|
(1)
|
(4)
|
(29)
|
(63)
|
(91)
|
(109)
|
(110)
|
(106)
|
(105)
|
(111)
|
(112)
|
(118)
|
(126)
|
(137)
|
(147)
|
(152)
|
(152)
|
(142)
|
(140)
|
(126)
|
(120)
|
(131)
|
(132)
|
(143)
|
(151)
|
(153)
|
(159)
|
(161)
|
(162)
|
|
| Selling, General & Administrative |
(0)
|
(1)
|
(4)
|
(17)
|
(32)
|
(50)
|
(60)
|
(67)
|
(73)
|
(73)
|
(73)
|
(72)
|
(76)
|
(85)
|
(98)
|
(109)
|
(115)
|
(114)
|
(106)
|
(103)
|
(89)
|
(83)
|
(92)
|
(93)
|
(104)
|
(111)
|
(112)
|
(113)
|
(114)
|
(115)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
(11)
|
(21)
|
(31)
|
(36)
|
(32)
|
(30)
|
(27)
|
(32)
|
(33)
|
(34)
|
(35)
|
(35)
|
(35)
|
(34)
|
(33)
|
(32)
|
(32)
|
(32)
|
(32)
|
(34)
|
(34)
|
(34)
|
(35)
|
(35)
|
(36)
|
(36)
|
(37)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
(1)
|
(10)
|
(11)
|
(12)
|
(11)
|
(3)
|
(5)
|
(7)
|
(7)
|
(8)
|
(6)
|
(2)
|
(3)
|
(3)
|
(5)
|
(1)
|
(5)
|
(5)
|
(5)
|
(2)
|
(5)
|
(5)
|
(5)
|
(1)
|
(11)
|
(10)
|
(10)
|
|
| Operating Income |
(0)
N/A
|
(1)
-25%
|
(4)
-640%
|
(1)
+65%
|
(14)
-1 000%
|
(13)
+8%
|
2
N/A
|
(1)
N/A
|
11
N/A
|
12
+17%
|
12
-5%
|
20
+71%
|
23
+16%
|
23
-2%
|
12
-46%
|
(9)
N/A
|
(22)
-134%
|
(36)
-64%
|
(43)
-19%
|
(38)
+12%
|
(22)
+42%
|
(9)
+61%
|
(8)
+12%
|
(3)
+55%
|
(13)
-282%
|
(19)
-45%
|
(13)
+32%
|
(21)
-63%
|
(25)
-22%
|
(27)
-6%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||
| Interest Income Expense |
2
|
4
|
5
|
(2)
|
(22)
|
(30)
|
(46)
|
(45)
|
(33)
|
(34)
|
(36)
|
(34)
|
(34)
|
(30)
|
(17)
|
(20)
|
(15)
|
(15)
|
(19)
|
(20)
|
(24)
|
(26)
|
(24)
|
(23)
|
(22)
|
(25)
|
(27)
|
(28)
|
(29)
|
(28)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
5
|
5
|
1
|
0
|
(0)
|
17
|
20
|
21
|
21
|
9
|
6
|
|
| Pre-Tax Income |
2
N/A
|
3
+81%
|
1
-52%
|
(3)
N/A
|
(36)
-1 113%
|
(43)
-18%
|
(44)
-2%
|
(45)
-4%
|
(22)
+52%
|
(22)
N/A
|
(25)
-12%
|
(14)
+45%
|
(11)
+21%
|
(7)
+34%
|
(5)
+31%
|
(29)
-488%
|
(37)
-27%
|
(47)
-28%
|
(57)
-21%
|
(53)
+7%
|
(41)
+23%
|
(33)
+18%
|
(31)
+6%
|
(26)
+16%
|
(17)
+34%
|
(24)
-36%
|
(24)
-1%
|
(28)
-19%
|
(45)
-60%
|
(49)
-9%
|
|
| Net Income | |||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
1
|
7
|
10
|
8
|
9
|
3
|
(1)
|
1
|
0
|
1
|
2
|
2
|
6
|
7
|
10
|
15
|
13
|
10
|
8
|
4
|
4
|
2
|
4
|
2
|
4
|
8
|
9
|
|
| Income from Continuing Operations |
2
|
3
|
1
|
(2)
|
(30)
|
(33)
|
(36)
|
(37)
|
(19)
|
(23)
|
(23)
|
(14)
|
(10)
|
(6)
|
(3)
|
(23)
|
(29)
|
(37)
|
(41)
|
(40)
|
(31)
|
(25)
|
(27)
|
(23)
|
(15)
|
(20)
|
(22)
|
(24)
|
(37)
|
(40)
|
|
| Net Income (Common) |
2
N/A
|
3
+81%
|
1
-52%
|
(2)
N/A
|
(30)
-1 138%
|
(33)
-10%
|
(36)
-11%
|
(37)
-1%
|
(19)
+49%
|
(23)
-24%
|
(23)
N/A
|
(14)
+42%
|
(10)
+24%
|
(6)
+46%
|
(3)
+49%
|
(23)
-729%
|
(29)
-26%
|
(37)
-25%
|
(41)
-13%
|
(40)
+4%
|
(31)
+23%
|
(25)
+18%
|
(27)
-8%
|
(23)
+16%
|
(15)
+33%
|
(20)
-32%
|
(22)
-8%
|
(24)
-13%
|
(37)
-53%
|
(40)
-6%
|
|
| EPS (Diluted) |
0.05
N/A
|
0.08
+60%
|
0.04
-50%
|
-0.04
N/A
|
-0.56
-1 300%
|
-0.62
-11%
|
-0.65
-5%
|
-0.51
+22%
|
-0.26
+49%
|
-0.34
-31%
|
-0.32
+6%
|
-0.19
+41%
|
-0.14
+26%
|
-0.08
+43%
|
-0.04
+50%
|
-0.29
-625%
|
-0.36
-24%
|
-0.45
-25%
|
-0.51
-13%
|
-0.49
+4%
|
-0.38
+22%
|
-0.31
+18%
|
-0.33
-6%
|
-0.28
+15%
|
-0.18
+36%
|
-0.24
-33%
|
-0.26
-8%
|
-0.29
-12%
|
-0.45
-55%
|
-0.47
-4%
|
|