---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-007989"
form_type: "8-K"
ticker: "PACK"
cik: "0001712463"
company_name: "Ranpak Holdings Corp."
filed_at: "2022-05-06T23:59:59+00:00"
generated_at: "2026-06-25T23:03:15.700991+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ranpak Q1 net loss $14.1M; revenue down 5.9%; lowers FY2022 EBITDA guidance

## Summary
- Net revenue $82.5M, down 5.9% YoY; constant currency revenue $83.9M, down 1.3%.
- Net loss of $14.1M vs net income of $6.3M in Q1 2021; constant currency Adjusted EBITDA $19.1M, down 31.8%.
- Packaging system placements up 11.4% to ~134,500 machines as of March 31, 2022.
- FY2022 guidance: constant currency revenue growth 13%-18% ($425-$445M); Adjusted EBITDA lowered to $115-$125M (growth -2.5% to 6%).
- Headwinds from ERP transition, delayed pricing actions, input cost inflation, and Ukraine conflict impact on Europe.

## SEC filing metadata
- accession: 0000950170-22-007989
- form_type: 8-K
- ticker: PACK
- cik: 0001712463
- company_name: Ranpak Holdings Corp.
- filed_at: 2022-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1712463/000095017022007989/0000950170-22-007989-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1712463/000095017022007989/pack-20220506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-007989
- JSON: https://secwatch.observer/filing/0000950170-22-007989.json
- Plain text: https://secwatch.observer/filing/0000950170-22-007989.txt

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