Clearwater Paper (CLW) Operating Expenses (2010 - 2026)
Clearwater Paper's (CLW) quarterly Operating Expenses came in at $398.7 million in Q2 2026, up 4.34% YoY from $382.1 million in Q2 2025, and up 7.55% on a QoQ basis from $370.7 million in Q1 2026.
Clearwater Paper (CLW) Operating Expenses (2010 - 2026) Analysis & Trends
Clearwater Paper (CLW) has 17 years of Operating Expenses data on file, last reported at $398.7 million in Q2 2026.
- Quarterly Operating Expenses rose 4.34% year-over-year to $398.7 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.6 billion (up 2.63% YoY) and the FY2025 annual result came in at $1.6 billion, up 10.32% from the prior year.
- Operating Expenses rose to $398.7 million in Q2 2026, from $370.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $494.9 million in Q2 2022 to a low of -$344.3 million in Q4 2022.
- A 5-year average of $355.4 million and a median of $392.9 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses plunged 174.51% — and 2023, when it jumped 177.32%.
- Tracing CLW's Operating Expenses over 5 years: stood at -$344.3 million in 2022, then surged by 177.32% to $266.2 million in 2023, then surged by 51.28% to $402.7 million in 2024, then slipped by 5.93% to $378.8 million in 2025, then advanced by 5.25% to $398.7 million in 2026.
- The last three Operating Expenses figures came in at $398.7 million (Q2 2026), $370.7 million (Q1 2026), and $378.8 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Suzano | 10.53 Bn | 5.34 Bn | 558.88 Mn | 109.98 Mn |
| 2 | Sylvamo | 1.47 Bn | 1.28 Bn | 132.00 Mn | 102.00 Mn |
| 3 | Clearwater Paper | 352.35 Mn | 256.95 Mn | -10.40 Mn | 398.70 Mn |
| 4 | Mercer International | 28.71 Mn | -55.06 Mn | 10.48 Mn | 31.55 Mn |
| 5 | It Tech Packaging | 2.38 Mn | -7.39 Mn | 2.02 Mn | 3.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 398.70 Mn |
| Mar 31, 2026 | 370.70 Mn |
| Dec 31, 2025 | 378.80 Mn |
| Sep 30, 2025 | 454.40 Mn |
| Jun 30, 2025 | 382.10 Mn |
| Mar 31, 2025 | 382.20 Mn |
| Dec 31, 2024 | 402.70 Mn |
| Sep 30, 2024 | 394.50 Mn |
| Jun 30, 2024 | 391.30 Mn |
| Mar 31, 2024 | 259.60 Mn |
| Dec 31, 2023 | 266.20 Mn |
| Sep 30, 2023 | 258.20 Mn |
| Jun 30, 2023 | 477.30 Mn |
| Mar 31, 2023 | 485.60 Mn |
| Dec 31, 2022 | -344.30 Mn |
| Sep 30, 2022 | 489.90 Mn |
| Jun 30, 2022 | 494.90 Mn |
| Mar 31, 2022 | 455.30 Mn |
| Dec 31, 2021 | 462.10 Mn |
| Sep 30, 2021 | 436.70 Mn |