Clearwater Paper Reports Third Quarter 2025 Results with Increased Sales but Net Loss Due to Goodwill Impairment

Clearwater Paper Corporation reported net sales of $399 million for Q3 2025, a 1% increase from the previous year driven by a 3% rise in shipment volumes despite lower pricing. However, the company posted a net loss of $53 million, or $3.30 per diluted share, primarily due to a $45 million non-cash goodwill impairment. Adjusted net loss from continuing operations improved slightly to $8 million, or $0.51 per diluted share, compared to last year’s $11 million loss. Adjusted EBITDA from continuing operations was $18 million, down from $21 million, impacted by a major maintenance outage and reduced prices but offset by higher volumes and cost reductions. For the first nine months, sales rose to $1.2 billion with adjusted EBITDA improving significantly to $87 million. The company remains focused on fixed cost reductions and improving operational efficiency amid challenging market conditions.