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.