---
schema_version: "secwatch.filing_event.v1"
accession: "0000051434-26-000016"
form_type: "8-K"
ticker: "IP"
cik: "0000051434"
company_name: "INTERNATIONAL PAPER CO /NEW/"
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:40:37.367676+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# International Paper plans separation into two companies; reports FY2025 loss of $2.84B on $23.6B revenue

## Summary
- Plans to create two independent, publicly traded packaging companies in North America and EMEA; separation details to follow.
- FY2025 net sales $23.63B; loss from continuing ops $2.84B including $2.47B goodwill impairment and $0.96B accelerated depreciation.
- Q4 2025 loss from continuing ops $2.36B (includes $2.47B impairment); adjusted EBITDA $758M.
- 2026 adjusted EBITDA target $3.5-3.7B; Q1 2026 target $740-760M; excludes future price realization.
- Free cash flow FY2025 negative $159M; operating cash flow $1.70B.

## SEC filing metadata
- accession: 0000051434-26-000016
- form_type: 8-K
- ticker: IP
- cik: 0000051434
- company_name: INTERNATIONAL PAPER CO /NEW/
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51434/000005143426000016/0000051434-26-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51434/000005143426000016/ip-20260129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000051434-26-000016
- JSON: https://secwatch.observer/filing/0000051434-26-000016.json
- Plain text: https://secwatch.observer/filing/0000051434-26-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.