United States was International Paper’s largest region in fiscal 2025, bringing in $14.43B of $23.64B (61%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $18.48B | $13.44B | $13.50B | $14.43B | |||||||||||||
| United States (K) | — | — | — | — | |||||||||||||
| United States (H) | — | — | — | — | |||||||||||||
| United States (E) | — | — | — | — | |||||||||||||
| Europe | — | — | — | — | |||||||||||||
| Emea | $1.69B | $1.40B | $1.36B | $8.45B | |||||||||||||
| Americas, Other Than U.S | $863.00M | $821.00M | $730.00M | $713.00M | |||||||||||||
| Pacific Rim & Asia | $123.00M | $37.00M | $63.00M | $31.00M | |||||||||||||
| Other External Sales | — | $437.00M | $302.00M | $197.00M | |||||||||||||
| Corporate & Intersegment | — | — | — | $8.00M | |||||||||||||
| Intersegment Sales | — | -$95.00M | -$115.00M | -$189.00M | |||||||||||||
| Total | $21.16B | $16.03B | $15.84B | $23.64B |
International Paper brought in $23.64B from its seven regions in fiscal 2025, the year ended December 31, 2025. International Paper regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $15.84B. United States was the largest at $14.43B (61.0%), ahead of Emea at $8.45B (35.7%) and Americas, Other Than U.S at $713.00M (3.0%). The other three regions brought in $236.00M combined.
Compared with fiscal 2024, Emea grew fastest, up 523.7% to $8.45B, while Americas, Other Than U.S fell the most, down 2.3% to $713.00M.
International Paper began breaking out Other External Sales in fiscal 2023, Corporate & Intersegment in fiscal 2025 and Intersegment Sales in fiscal 2023. The total is net of Intersegment Sales, which took $189.00M off revenue in fiscal 2025.
Packaging Solutions North America was International Paper’s largest segment in fiscal 2025, bringing in $15.18B of $23.64B (64%).
| Statement, Business Segments | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Packaging Solutions North America | — | $14.29B | $14.29B | $15.18B | |||||||||||||
| Industrial Packaging | $17.45B | — | — | — | |||||||||||||
| Distribution | — | — | — | — | |||||||||||||
| Printing Papers | — | — | — | — | |||||||||||||
| Packaging Solutions Emea | — | $1.40B | $1.36B | $8.45B | |||||||||||||
| Consumer Packaging | — | — | — | — | |||||||||||||
| Global Cellulose Fibers | $3.23B | — | — | — | |||||||||||||
| Consolidation, Eliminations | $483.00M | — | — | — | |||||||||||||
| Other External Sales | — | $437.00M | $302.00M | $197.00M | |||||||||||||
| Forest Products | — | — | — | — | |||||||||||||
| Intersegment Sales | — | -$95.00M | -$115.00M | -$189.00M | |||||||||||||
| Intersegment Eliminations | — | — | — | — | |||||||||||||
| Corporate & Intersegment | — | — | — | $8.00M | |||||||||||||
| Corporate & Intersegment Sales | — | — | — | — | |||||||||||||
| Total | $21.16B | $16.03B | $15.84B | $23.64B |
International Paper brought in $23.64B from its five segments in fiscal 2025, the year ended December 31, 2025. International Paper regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $15.84B. Packaging Solutions North America was the largest at $15.18B (64.2%), ahead of Packaging Solutions Emea at $8.45B (35.7%) and Other External Sales at $197.00M (0.8%). The remaining segment, Corporate & Intersegment, brought in $8.00M.
Compared with fiscal 2024, Packaging Solutions Emea grew 523.7% to $8.45B and Packaging Solutions North America grew 6.2% to $15.18B.
International Paper began breaking out Packaging Solutions North America in fiscal 2023, Packaging Solutions Emea in fiscal 2023, Other External Sales in fiscal 2023 and Intersegment Sales in fiscal 2023. International Paper stopped reporting Industrial Packaging ($17.45B in fiscal 2022), Global Cellulose Fibers ($3.23B in fiscal 2022) and Consolidation, Eliminations ($483.00M in fiscal 2022) as separate segments. The total is net of Intersegment Sales, which took $189.00M off revenue in fiscal 2025.
External Customers was International Paper’s largest revenue line in fiscal 2022, bringing in $20.66B of $21.14B (98%).
| Customer | FY 2021 | FY 2022 |
|---|---|---|
| External Customers | $19.01B | $20.66B |
| Consolidation, Eliminations | $305.00M | $483.00M |
| Corporate & Other | -$126.00M | — |
| Total | $19.19B | $21.14B |
International Paper brought in $21.14B from its two revenue lines in fiscal 2022, the year ended December 31, 2022. International Paper regrouped these revenue lines after fiscal 2021, so the total does not compare directly with that year's $19.19B. External Customers was the largest at $20.66B (97.7%), ahead of Consolidation, Eliminations at $483.00M (2.3%).
Compared with fiscal 2021, Consolidation, Eliminations grew 58.4% to $483.00M and External Customers grew 8.7% to $20.66B.
International Paper (INPAP) reports its revenue by geography, by statement, business segments and by customer. In fiscal 2025, United States was its largest region, bringing in $14.43B (61.0% of the total), followed by Emea at $8.45B (35.7%).
United States was International Paper's largest region in fiscal 2025, bringing in $14.43B, or 61.0% of the $23.64B total across its seven regions.
Packaging Solutions North America was International Paper's largest segment in fiscal 2025, bringing in $15.18B, or 64.2% of the $23.64B total across its five segments.
External Customers was International Paper's largest revenue line in fiscal 2022, bringing in $20.66B, or 97.7% of the $21.14B total across its two revenue lines.
Every figure comes from International Paper's annual financial filings, as reported. Each line keeps the name International Paper gives it, and years follow its fiscal calendar.
International Paper's revenue by geography goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.