Graphic Packaging Holding (GPK) Operating Expenses (2010 - 2026)
Graphic Packaging Holding (GPK) reported Operating Expenses of $273.0 million for Q1 2026, up 31.25% on a YoY basis from $208.0 million in Q1 2025, and up 102.22% quarter-over-quarter from $135.0 million in Q4 2025.
Graphic Packaging Holding (GPK) Operating Expenses (2010 - 2026) Analysis & Trends
Graphic Packaging Holding has reported Operating Expenses for 17 years, with the latest figure at $273.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 31.25% year-over-year to $273.0 million; the trailing twelve-month figure through Mar 2026 stood at $810.0 million (up 7.28% YoY), and the FY2025 full-year result was $745.0 million, down 4.36% from the prior year.
- Operating Expenses for Q1 2026 stood at $273.0 million, up from $135.0 million in the prior quarter.
- The five-year high for Operating Expenses was $287.0 million in Q2 2022, with the low at $135.0 million in Q4 2025.
- Historically, Operating Expenses has averaged $210.6 million across 5 years, with a median of $210.0 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 129.6% — and 2024, when it tumbled 37.05%.
- Graphic Packaging Holding's Operating Expenses stood at $210.0 million in 2022, then retreated by 7.14% to $195.0 million in 2023, then increased by 2.05% to $199.0 million in 2024, then slumped by 32.16% to $135.0 million in 2025, then soared by 102.22% to $273.0 million in 2026.
- The last three Operating Expenses figures came in at $273.0 million (Q1 2026), $135.0 million (Q4 2025), and $185.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | 961.00 Mn |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 180.30 Mn |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | 943.00 Mn |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | 532.00 Mn |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 283.00 Mn |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 375.10 Mn |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | 239.00 Mn |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | 201.54 Mn |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 109.00 Mn |
| 10 | Graphic Packaging Holding | 3.20 Bn | 3.02 Bn | 306.00 Mn | 273.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 273.00 Mn |
| Dec 31, 2025 | 135.00 Mn |
| Sep 30, 2025 | 185.00 Mn |
| Jun 30, 2025 | 217.00 Mn |
| Mar 31, 2025 | 208.00 Mn |
| Dec 31, 2024 | 199.00 Mn |
| Sep 30, 2024 | 207.00 Mn |
| Jun 30, 2024 | 141.00 Mn |
| Mar 31, 2024 | 232.00 Mn |
| Dec 31, 2023 | 195.00 Mn |
| Sep 30, 2023 | 248.00 Mn |
| Jun 30, 2023 | 224.00 Mn |
| Mar 31, 2023 | 212.00 Mn |
| Dec 31, 2022 | 210.00 Mn |
| Sep 30, 2022 | 212.00 Mn |
| Jun 30, 2022 | 287.00 Mn |
| Mar 31, 2022 | 196.00 Mn |
| Dec 31, 2021 | 208.00 Mn |
| Sep 30, 2021 | 161.00 Mn |
| Jun 30, 2021 | 125.00 Mn |