Sylvamo (SLVM) Q3 FY2026 earnings: revenue $645 million, down 2.6% on the year
Sylvamo Corp. (SLVM) reported revenue of $645 million for Q3 FY2026, the quarter ended 30 September 2026, down 2.6% on the same quarter a year earlier as the company restated it. Net income was -$199 million, and diluted earnings per share $-4.98. The figures are the company's own, from the 10-Q it filed with the SEC on 6 November 2026.
Revenue
$645 million
-23.8% on the year · -20.0% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
13.5%
11.6% a year earlier
Q4 FY2024Q3 FY2026
Net income
-$199 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$4.98
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 2 new, 1 kept.
Adjusted EBITDA reached $128 million: Adjusted EBITDA was $128 million, a 20% margin, against $66 million (11%) in the second quarter and $158 million (24%) a year earlier.
Discontinued Europe loss drove net loss: Discontinued operations produced a $284 million loss. The net loss was $199 million, or $4.98 per diluted share, against net income of $57 million a year earlier.
Latin America returned to operating profit: Latin America operating profit was $22 million, against a $(18) million loss in the second quarter, on higher sales price and mix, higher volumes and lower operating costs.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
64.0
38.0
87.0
+68.4%
-26.4%
Capital expenditure
46.0
61.0
54.0
-24.6%
-14.8%
Free cash flow
18.0
-23.0
33.0
-45.5%
Free cash flow margin
2.8%
-2.9%
3.9%
Cash from investing
-58.0
-60.0
-54.0
Cash from financing
8.0
15.0
-52.0
-46.7%
Depreciation and amortisation
36.0
43.0
49.0
-16.3%
-26.5%
Share-based compensation
5.0
3.0
4.0
+66.7%
+25.0%
Buybacks
0.0
0.0
42.0
Dividends paid
18.0
18.0
19.0
0.0%
-5.3%
Dividend per share
$0.45
$0.45
$0.45
0.0%
0.0%
Diluted shares, weighted
40m
40m
40m
+0.5%
-0.7%
Shares outstanding at period end
40m
40m
39m
0.0%
+1.0%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
740
955
977
-22.5%
-24.3%
Debt
1,000
964
808
+3.7%
+23.8%
Operating lease liabilities
40.0
45.0
38.0
-11.1%
+5.3%
Finance lease liabilities
7.0
11.0
12.0
-36.4%
-41.7%
Other liabilities
1,164
900
868
+29.3%
+34.1%
Total liabilities and equity
2,951
2,875
2,703
+2.6%
+9.2%
Goodwill
121
121
128
0.0%
-5.5%
Investments
79.0
64.0
52.0
+23.4%
+51.9%
Cash and equivalents
93.0
123
94.0
-24.4%
-1.1%
Receivables
290
342
369
-15.2%
-21.4%
Inventory
369
503
434
-26.6%
-15.0%
Other assets
1,999
1,722
1,626
+16.1%
+22.9%
Total assets
2,951
2,875
2,703
+2.6%
+9.2%
Questions
What was Sylvamo's revenue in Q3 FY2026?
Sylvamo (SLVM) reported revenue of $645 million for Q3 FY2026, the quarter ended 30 September 2026, down 2.6% on the same quarter a year earlier as the company restated it.
How much did Sylvamo earn in Q3 FY2026?
Net loss for Q3 FY2026 was $199 million, and the diluted loss per share $4.98.
When did Sylvamo report Q3 FY2026 results?
Sylvamo filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 6 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 6 November 2026: the filing.