International Paper (IP) Operating Expenses (2009 - 2026)

International Paper (IP) posted quarterly Operating Expenses of $943.0 million for Q1 2026, down 9.5% year-over-year from $1.0 billion in Q1 2025, and down 27.85% on a QoQ basis from $1.3 billion in Q4 2025.

International Paper (IP) Operating Expenses (2009 - 2026) Analysis & Trends

International Paper (IP) has reported Operating Expenses for 18 consecutive years, with $943.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses fell 9.5% year-over-year to $943.0 million; the TTM figure through Mar 2026 stood at $5.1 billion (up 58.78% YoY), while the FY2025 annual figure was $5.2 billion, up 96.28% from the prior year.
  • Operating Expenses came in at $943.0 million for Q1 2026 at International Paper, down from $1.3 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.8 billion in Q3 2025, with the low at $534.0 million in Q3 2023.
  • Average Operating Expenses over 5 years is $809.6 million, with a median of $704.0 million recorded in 2023.
  • Across the five-year window, Operating Expenses retreated 21.47% in 2023 and jumped 151.03% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $555.0 million in 2022, then gained by 26.85% to $704.0 million in 2023, then gained by 5.4% to $742.0 million in 2024, then soared by 76.15% to $1.3 billion in 2025, then slipped by 27.85% to $943.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $943.0 million, $1.3 billion, and $1.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ball 88.75 Bn 87.87 Bn 646.00 Mn 283.00 Mn
2 International Paper 24.05 Bn 22.75 Bn 1.73 Bn 943.00 Mn
3 Avery Dennison 12.53 Bn 12.27 Bn 664.80 Mn 375.10 Mn
4 Crown Holdings 12.47 Bn 12.38 Bn 644.00 Mn 239.00 Mn
5 Reynolds Consumer Products 5.71 Bn 5.64 Bn 207.00 Mn 109.00 Mn
6 Sonoco Products 5.57 Bn 5.37 Bn 345.63 Mn 201.54 Mn
7 Silgan Holdings 4.87 Bn 4.43 Bn 265.78 Mn 140.22 Mn
8 Graphic Packaging Holding 3.15 Bn 2.96 Bn 306.00 Mn 273.00 Mn
9 Ardagh Metal Packaging 2.81 Bn 2.81 Bn 179.00 -86.00
10 Greif 1.96 Bn 1.76 Bn 257.30 Mn 158.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 943.00 Mn
Dec 31, 2025 1.31 Bn
Sep 30, 2025 1.84 Bn
Jun 30, 2025 1.03 Bn
Mar 31, 2025 1.04 Bn
Dec 31, 2024 742.00 Mn
Sep 30, 2024 731.00 Mn
Jun 30, 2024 704.00 Mn
Mar 31, 2024 629.00 Mn
Dec 31, 2023 704.00 Mn
Sep 30, 2023 534.00 Mn
Jun 30, 2023 571.00 Mn
Mar 31, 2023 613.00 Mn
Dec 31, 2022 555.00 Mn
Sep 30, 2022 680.00 Mn
Jun 30, 2022 556.00 Mn
Mar 31, 2022 591.00 Mn
Dec 31, 2021 683.00 Mn
Sep 30, 2021 648.00 Mn
Jun 30, 2021 658.00 Mn