Graphic Packaging Holding (GPK) Operating Expenses (2010 - 2026)
Graphic Packaging Holding's (GPK) quarterly Operating Expenses came in at $273.0 million in Q1 2026, up 31.25% YoY from $208.0 million in Q1 2025, and up 102.22% on a QoQ basis from $135.0 million in Q4 2025.
Graphic Packaging Holding (GPK) Operating Expenses (2010 - 2026) Analysis & Trends
Graphic Packaging Holding (GPK) has 17 years of Operating Expenses data on file, last reported at $273.0 million in Q1 2026.
- Quarterly Operating Expenses rose 31.25% year-over-year to $273.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $810.0 million (up 7.28% YoY) and the FY2025 annual result came in at $745.0 million, down 4.36% from the prior year.
- Operating Expenses rose to $273.0 million in Q1 2026, from $135.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $287.0 million in Q2 2022 to a low of $135.0 million in Q4 2025.
- A 5-year average of $210.6 million and a median of $210.0 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 80.5% — and 2024, when it tumbled 37.05%.
- Tracing GPK's Operating Expenses over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 1.09 Bn |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 646.00 Mn |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 179.30 Mn |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 991.00 Mn |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 312.00 Mn |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 394.80 Mn |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 249.00 Mn |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 202.18 Mn |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 107.00 Mn |
| 10 | Graphic Packaging Holding | 3.45 Bn | 3.24 Bn | 292.00 Mn | 186.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 186.00 Mn |
| 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 |