Europe/Asia was Ranpak Holdings’s largest segment in fiscal 2025, bringing in $418.00M of $790.00M (53%).
| Segment | FY 2018 | FY 2019 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Europe/Asia | $383.60M | $398.00M | $354.40M | $418.00M | |||||
| North America | $269.40M | $274.60M | $276.60M | $372.00M | |||||
| Total | $653.00M | $672.60M | $631.00M | $790.00M |
Ranpak Holdings brought in $790.00M from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 25.2% from $631.00M in fiscal 2024. Europe/Asia was the largest at $418.00M (52.9%), ahead of North America at $372.00M (47.1%).
Compared with fiscal 2024, North America grew 34.5% to $372.00M and Europe/Asia grew 17.9% to $418.00M. From fiscal 2022 to 2025, combined revenue from these segments grew from $653.00M to $790.00M, a compound annual growth rate of 6.6%. Europe/Asia's share of the total fell from 58.7% to 52.9%.
Paper Revenue was Ranpak Holdings’s largest product and service line in fiscal 2021, bringing in $642.80M of $767.80M (84%).
| Product and Service | FY 2019 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|
| Paper Revenue | $177.60M | $273.00M | $501.40M | $642.80M |
| Machine Lease | $28.80M | $45.00M | $79.20M | $95.40M |
| Other Revenue | $6.40M | $8.20M | $15.80M | $29.60M |
| Total | $212.80M | $326.20M | $596.40M | $767.80M |
Ranpak Holdings brought in $767.80M from its three product and service lines in fiscal 2021, the year ended December 31, 2021. That was up 28.7% from $596.40M in fiscal 2020. Paper Revenue was the largest at $642.80M (83.7%), ahead of Machine Lease at $95.40M (12.4%) and Other Revenue at $29.60M (3.9%).
Compared with fiscal 2020, Other Revenue grew fastest, up 87.3% to $29.60M. Every line above 2% of revenue grew. From fiscal 2019 to 2021, combined revenue from these lines grew from $212.80M to $767.80M, a compound annual growth rate of 89.9%. Paper Revenue's share held steady at about 83.7%.
Europe/Asia was Ranpak Holdings’s largest revenue line in fiscal 2019, bringing in $97.60M of $183.60M (53%).
| Accounting Standards Update | FY 2019 |
|---|---|
| Europe/Asia | $97.60M |
| North America | $86.00M |
| Total | $183.60M |
Ranpak Holdings brought in $183.60M from its two revenue lines in fiscal 2019, the year ended June 2, 2019. Europe/Asia was the largest at $97.60M (53.2%), ahead of North America at $86.00M (46.8%).
Ranpak Holdings (PACK) reports its revenue by segment, by product and service and by accounting standards update. In fiscal 2025, Europe/Asia was its largest segment, bringing in $418.00M (52.9% of the total), followed by North America at $372.00M (47.1%).
Europe/Asia was Ranpak Holdings' largest segment in fiscal 2025, bringing in $418.00M, or 52.9% of the $790.00M total across its two segments.
Paper Revenue was Ranpak Holdings' largest product and service line in fiscal 2021, bringing in $642.80M, or 83.7% of the $767.80M total across its three product and service lines.
Europe/Asia was Ranpak Holdings' largest revenue line in fiscal 2019, bringing in $97.60M, or 53.2% of the $183.60M total across its two revenue lines.
North America grew faster than Europe/Asia in fiscal 2025, up 34.5% from $276.60M to $372.00M. Europe/Asia grew 17.9% to $418.00M.
Every figure comes from Ranpak Holdings' annual financial filings, as reported. Each line keeps the name Ranpak Holdings gives it, and years follow its fiscal calendar.
Ranpak Holdings' revenue by segment goes back to fiscal 2018, 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.