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| Date | Value |
|---|---|
| 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 |