Earnings ·
Ranpak Holdings Corp. reported financial results for the second quarter ended June 30, 2026
PACKRanpak Holdings Corp.
Ranpak Holdings Corp. reported financial results for the second quarter ended June 30, 2026. Net revenue increased 14.0% year over year to $105.2 million, driven by a 139.4% surge in automation product line revenue on a constant currency basis. The company posted a net loss of $7.9 million compared to a $7.5 million loss in the prior year period. Adjusted EBITDA rose 15.8% to $19.1 million, up from $16.5 million in the second quarter of 2025. Protective Packaging Solutions system placements decreased 2.3% to approximately 141.7 thousand machines. The company maintains a cash balance of $43.2 million and has no borrowings on its $50.0 million revolving credit facility. Ranpak Holdings Corp. operates in the protective packaging industry, providing sustainable product protection and end-of-line automation solutions for e-commerce and industrial supply chains.