Smurfit Westrock SW
NYSE SW
$42.21 +0.01 (+0.01%)
As of: Sep 10, 2026 · 3:59 PM EDT

Smurfit Westrock (SW) Operating Expenses (2023 - 2026)

Smurfit Westrock's (SW) quarterly Operating Expenses came in at $1.1 billion in Q2 2026, down 12.39% year-over-year from $1.2 billion in Q2 2025, and up 7.29% quarter-over-quarter from $1.0 billion in Q1 2026.

Analysis

Smurfit Westrock (SW) Operating Expenses (2023 - 2026) Analysis & Trends

Smurfit Westrock has disclosed Operating Expenses across 4 years of filings, most recently posting $1.1 billion for Q2 2026.

  • In Q2 2026, Operating Expenses fell 12.39% year-over-year to $1.1 billion; the TTM figure through Jun 2026 stood at $4.1 billion (down 4.18% YoY), while the FY2025 annual figure was $4.2 billion, up 50.52% from the prior year.
  • Operating Expenses came in at $1.1 billion for Q2 2026 at Smurfit Westrock, up from $1.0 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q2 2025 to a low of $371.0 million in Q3 2023.
  • Average Operating Expenses over 4 years is $825.0 million, with a median of $992.0 million recorded in 2024.
  • Year-over-year, Operating Expenses surged 219.54% in 2025 and decreased 12.39% in 2026.
  • Over 4 years, Operating Expenses stood at $428.0 million in 2023, then surged by 132.71% to $996.0 million in 2024, then slipped by 5.12% to $945.0 million in 2025, then climbed by 15.24% to $1.1 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $1.1 billion in Q2 2026, $1.0 billion in Q1 2026, and $945.0 million in Q4 2025.
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

Historic Data

Download Data
DateValue
Jun 30, 2026 1.09 Bn
Mar 31, 2026 1.02 Bn
Dec 31, 2025 945.00 Mn
Sep 30, 2025 1.03 Bn
Jun 30, 2025 1.24 Bn
Mar 31, 2025 988.00 Mn
Dec 31, 2024 996.00 Mn
Sep 30, 2024 1.03 Bn
Jun 30, 2024 389.00 Mn
Mar 31, 2024 380.00 Mn
Dec 31, 2023 428.00 Mn
Sep 30, 2023 371.00 Mn