Ranpak Holdings (PACK) Operating Expenses (2017 - 2026)
Ranpak Holdings' (PACK) quarterly Operating Expenses came in at $36.2 million in Q2 2026, down 5.97% year-over-year from $38.5 million in Q2 2025, and down 6.7% quarter-over-quarter from $38.8 million in Q1 2026.
Analysis
Ranpak Holdings (PACK) Operating Expenses (2017 - 2026) Analysis & Trends
Ranpak Holdings (PACK) has reported Operating Expenses for 10 consecutive years, with $36.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 5.97% year-over-year to $36.2 million in Q2 2026; TTM through Jun 2026 was $152.2 million, a 3.4% increase from a year earlier, with the FY2025 full-year figure at $152.4 million, up 2.83% from the prior year.
- Operating Expenses was $36.2 million for Q2 2026 at Ranpak Holdings, down from $38.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $41.2 million in Q1 2022 and troughed at $25.7 million in Q2 2023.
- A 5-year average of $36.3 million and a median of $36.7 million in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 43.53% in 2023, down 37.16% in 2023.
- Over 5 years, Operating Expenses stood at $27.8 million in 2022, then jumped by 43.53% to $39.9 million in 2023, then dropped by 8.27% to $36.6 million in 2024, then rose by 1.09% to $37.0 million in 2025, then fell by 2.16% to $36.2 million in 2026.
- The last three Operating Expenses figures came in at $36.2 million (Q2 2026), $38.8 million (Q1 2026), and $37.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | 991.00 Mn |
| 2 | Smurfit Westrock | 22.12 Bn | 21.44 Bn | 1.40 Bn | 1.09 Bn |
| 3 | Packaging Corp Of America | 20.62 Bn | 20.03 Bn | 512.50 Mn | 179.30 Mn |
| 4 | Sonoco Products | 4.82 Bn | 4.65 Bn | 392.38 Mn | 202.18 Mn |
| 5 | Graphic Packaging Holding | 2.79 Bn | 2.58 Bn | 292.00 Mn | 186.00 Mn |
| 6 | Ranpak Holdings | 341.67 Mn | 298.47 Mn | 34.50 Mn | 36.20 Mn |
| 7 | Clearwater Paper | 317.20 Mn | 221.80 Mn | -10.40 Mn | 398.70 Mn |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.79 Mn | 2.64 Mn | - | 7.39 Mn |
| 10 | It Tech Packaging | 2.21 Mn | -7.55 Mn | 2.02 Mn | 3.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.20 Mn |
| Mar 31, 2026 | 38.80 Mn |
| Dec 31, 2025 | 37.00 Mn |
| Sep 30, 2025 | 40.20 Mn |
| Jun 30, 2025 | 38.50 Mn |
| Mar 31, 2025 | 36.70 Mn |
| Dec 31, 2024 | 36.60 Mn |
| Sep 30, 2024 | 35.40 Mn |
| Jun 30, 2024 | 36.70 Mn |
| Mar 31, 2024 | 39.50 Mn |
| Dec 31, 2023 | 39.90 Mn |
| Sep 30, 2023 | 30.10 Mn |
| Jun 30, 2023 | 25.70 Mn |
| Mar 31, 2023 | 36.30 Mn |
| Dec 31, 2022 | 27.80 Mn |
| Sep 30, 2022 | 35.80 Mn |
| Jun 30, 2022 | 40.90 Mn |
| Mar 31, 2022 | 41.20 Mn |
| Dec 31, 2021 | 39.20 Mn |
| Sep 30, 2021 | 38.30 Mn |