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
DateValue
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