Ranpak Holdings (PACK) Operating Expenses (2017 - 2026)
Ranpak Holdings (PACK) posted quarterly Operating Expenses of $27.6 million for Q2 2026, down 4.17% year-over-year from $28.8 million in Q2 2025, and down 5.48% quarter-over-quarter from $29.2 million in Q1 2026.
Ranpak Holdings (PACK) Operating Expenses (2017 - 2026) Analysis & Trends
Ranpak Holdings (PACK) has reported Operating Expenses for 10 consecutive years, with $27.6 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses fell 4.17% year-over-year to $27.6 million; the TTM figure through Jun 2026 stood at $113.6 million (down 0.7% YoY), while the FY2025 annual figure was $114.5 million, up 2.32% from the prior year.
- Operating Expenses fell to $27.6 million in Q2 2026 per PACK's latest filing, from $29.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $30.3 million in Q2 2022 and bottomed at $16.3 million in Q2 2023.
- Historically, Operating Expenses has averaged $26.7 million across 5 years, with a median of $27.8 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses plunged 46.2% — and 2024, when it surged 67.48%.
- Ranpak Holdings' Operating Expenses stood at $18.7 million in 2022, then surged by 46.52% to $27.4 million in 2023, then advanced by 1.82% to $27.9 million in 2024, then fell by 2.51% to $27.2 million in 2025, then increased by 1.47% to $27.6 million in 2026.
- Business Quant data shows PACK's Operating Expenses at $27.6 million in Q2 2026, $29.2 million in Q1 2026, and $27.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.81 Bn | 25.13 Bn | 1.40 Bn | 1.09 Bn |
| 2 | Amcor | 22.44 Bn | 21.32 Bn | 1.34 Bn | 646.00 Mn |
| 3 | Packaging Corp Of America | 22.33 Bn | 21.73 Bn | 512.50 Mn | 179.30 Mn |
| 4 | International Paper | 21.92 Bn | 21.19 Bn | 1.66 Bn | 991.00 Mn |
| 5 | Ball | 16.82 Bn | 16.14 Bn | 697.00 Mn | 312.00 Mn |
| 6 | Avery Dennison | 14.01 Bn | 13.79 Bn | 729.40 Mn | 394.80 Mn |
| 7 | Crown Holdings | 12.97 Bn | 12.31 Bn | 748.00 Mn | 249.00 Mn |
| 8 | Sonoco Products | 5.89 Bn | 5.72 Bn | 392.38 Mn | 202.18 Mn |
| 9 | Reynolds Consumer Products | 5.36 Bn | 5.30 Bn | 245.00 Mn | 107.00 Mn |
| 10 | Ranpak Holdings | 436.73 Mn | 393.53 Mn | 34.50 Mn | 36.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.60 Mn |
| Mar 31, 2026 | 29.20 Mn |
| Dec 31, 2025 | 27.20 Mn |
| Sep 30, 2025 | 29.60 Mn |
| Jun 30, 2025 | 28.80 Mn |
| Mar 31, 2025 | 28.90 Mn |
| Dec 31, 2024 | 27.90 Mn |
| Sep 30, 2024 | 28.80 Mn |
| Jun 30, 2024 | 27.30 Mn |
| Mar 31, 2024 | 27.90 Mn |
| Dec 31, 2023 | 27.40 Mn |
| Sep 30, 2023 | 20.90 Mn |
| Jun 30, 2023 | 16.30 Mn |
| Mar 31, 2023 | 27.20 Mn |
| Dec 31, 2022 | 18.70 Mn |
| Sep 30, 2022 | 26.80 Mn |
| Jun 30, 2022 | 30.30 Mn |
| Mar 31, 2022 | 29.70 Mn |
| Dec 31, 2021 | 27.50 Mn |
| Sep 30, 2021 | 27.10 Mn |