---
schema_version: "secwatch.filing_event.v1"
accession: "0000052827-26-000072"
form_type: "8-K"
ticker: null
cik: "0001806931"
company_name: "Rayonier, L.P."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:51:46.458609+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rayonier posts Q1 net loss of $12.4M, pro forma net income $17.4M; Adj EBITDA $94.1M post-merger

## Summary
- Q1 net loss ($12.4M) or ($0.05)/diluted share; pro forma net income $17.4M ($0.07/share).
- Adj EBITDA $94.1M vs $27.1M prior year; Real Estate segment Adj EBITDA $46.2M including $22.5M solar land sale.
- Completed merger with PotlatchDeltic on Jan 30, 2026; repurchased $31.1M shares at $20.98 avg price.
- Guidance: Real Estate Adj EBITDA $180-200M full year; Q2 Adj EBITDA $25-35M.
- Wood Products lumber shipments ~1.1 BBF for 11 months; Q2 shipments 310-320 MMBF.

## SEC filing metadata
- accession: 0000052827-26-000072
- form_type: 8-K
- cik: 0001806931
- company_name: Rayonier, L.P.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806931/000005282726000072/0000052827-26-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/52827/000005282726000072/ryn-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000052827-26-000072
- JSON: https://secwatch.observer/filing/0000052827-26-000072.json
- Plain text: https://secwatch.observer/filing/0000052827-26-000072.txt

## Source-grounded claims
- claim_id: 1fc541c512f655675fa8352f27012cad0ceea690
  claim: Rayonier, L.P. reported the quarter ended March 31, 2026 results: revenue $276.8 million, net income ($12.4) million (or ($0.05) per diluted share), EPS ($0.05) per diluted share.
  evidence_excerpt: FL — May 6, 2026 — Rayonier Inc. (NYSE:RYN) today reported first quarter net loss attributable to Rayonier of ($12.4) million, or ($0.05) per diluted share, on revenues of $276.8 million. This compares to net loss attributable to Rayonier of ($3.4) million, or ($0.02) per diluted share, on revenues of $82.9 million in the prior year quarter. The first quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806931/000005282726000072/0000052827-26-000072-index.htm

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