International Paper (IP) Operating Expenses (2009 - 2026)
International Paper (IP) posted quarterly Operating Expenses of $533.0 million for Q1 2026, down 6.49% year-over-year from $570.0 million in Q1 2025, and down 24.61% quarter-over-quarter from $707.0 million in Q4 2025.
International Paper (IP) Operating Expenses (2009 - 2026) Analysis & Trends
International Paper's Operating Expenses history runs 18 years deep, the most recent figure standing at $533.0 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 6.49% year-over-year to $533.0 million; the TTM figure through Mar 2026 stood at $2.7 billion (up 29.61% YoY), while the FY2025 annual figure was $2.7 billion, up 48.17% from the prior year.
- Operating Expenses for Q1 2026 stood at $533.0 million, down from $707.0 million in the prior quarter.
- The five-year high for Operating Expenses was $835.0 million in Q3 2025, with the low at $286.0 million in Q3 2023.
- The 5-year median for Operating Expenses is $430.0 million (2022), against an average of $461.1 million.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses tumbled 33.49% in 2023, then surged 84.62% in 2024.
- International Paper's Operating Expenses stood at $315.0 million in 2022, then increased by 1.27% to $319.0 million in 2023, then jumped by 64.89% to $526.0 million in 2024, then surged by 34.41% to $707.0 million in 2025, then slipped by 24.61% to $533.0 million in 2026.
- Business Quant data shows IP's Operating Expenses at $533.0 million in Q1 2026, $707.0 million in Q4 2025, and $835.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.90 Bn | 25.22 Bn | 1.40 Bn | 1.09 Bn |
| 2 | Amcor | 22.53 Bn | 21.41 Bn | 1.34 Bn | 646.00 Mn |
| 3 | Packaging Corp Of America | 22.42 Bn | 21.83 Bn | 512.50 Mn | 179.30 Mn |
| 4 | International Paper | 22.01 Bn | 21.29 Bn | 1.66 Bn | 991.00 Mn |
| 5 | Ball | 16.88 Bn | 16.20 Bn | 697.00 Mn | 312.00 Mn |
| 6 | Avery Dennison | 14.03 Bn | 13.80 Bn | 729.40 Mn | 394.80 Mn |
| 7 | Crown Holdings | 13.03 Bn | 12.38 Bn | 748.00 Mn | 249.00 Mn |
| 8 | Sonoco Products | 5.91 Bn | 5.74 Bn | 392.38 Mn | 202.18 Mn |
| 9 | Reynolds Consumer Products | 5.36 Bn | 5.29 Bn | 245.00 Mn | 107.00 Mn |
| 10 | Silgan Holdings | 4.46 Bn | 4.11 Bn | 294.88 Mn | 144.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 573.00 Mn |
| Mar 31, 2026 | 533.00 Mn |
| Dec 31, 2025 | 707.00 Mn |
| Sep 30, 2025 | 835.00 Mn |
| Jun 30, 2025 | 617.00 Mn |
| Mar 31, 2025 | 570.00 Mn |
| Dec 31, 2024 | 526.00 Mn |
| Sep 30, 2024 | 528.00 Mn |
| Jun 30, 2024 | 453.00 Mn |
| Mar 31, 2024 | 361.00 Mn |
| Dec 31, 2023 | 319.00 Mn |
| Sep 30, 2023 | 286.00 Mn |
| Jun 30, 2023 | 336.00 Mn |
| Mar 31, 2023 | 381.00 Mn |
| Dec 31, 2022 | 315.00 Mn |
| Sep 30, 2022 | 430.00 Mn |
| Jun 30, 2022 | 300.00 Mn |
| Mar 31, 2022 | 341.00 Mn |
| Dec 31, 2021 | 344.00 Mn |
| Sep 30, 2021 | 343.00 Mn |