---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-038089"
form_type: "8-K"
ticker: "MERC"
cik: "0001333274"
company_name: "MERCER INTERNATIONAL INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:30:27.351570+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Q2 Operating EBITDA negative $68.7M, net loss $98.3M on $51.4M inventory impairment

## Summary
- Q2 revenue $529.9M (-7% YoY); net loss $98.3M ($1.48/sh) vs net income $71.4M in Q2 2022.
- Pulp segment operating loss $83.5M; non-cash inventory impairment $51.4M on weak pulp pricing.
- Quarterly cash dividend of $0.075/sh declared, payable Oct 4, 2023 to record Sep 27, 2023.
- Mass timber revenue doubled to $16.0M; acquired Structurlam's CLT/glulam assets.
- Expects ~44 days pulp downtime in Q3; per unit fiber costs expected to decrease.

## SEC filing metadata
- accession: 0000950170-23-038089
- form_type: 8-K
- ticker: MERC
- cik: 0001333274
- company_name: MERCER INTERNATIONAL INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333274/000095017023038089/0000950170-23-038089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333274/000095017023038089/merc-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-038089
- JSON: https://secwatch.observer/filing/0000950170-23-038089.json
- Plain text: https://secwatch.observer/filing/0000950170-23-038089.txt

## Key facts
- Earnings Releases
  MERCER INTERNATIONAL INC. reported financial results for second quarter ended June 30, 2023.
  - Period: second quarter ended June 30, 2023
  - Result: reported results
  source text: On August 3, 2023, Mercer International Inc. (the “Company”) announced by press release the Company’s results for its second quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333274/000095017023038089/0000950170-23-038089-index.htm
- Earnings Releases
  MERCER INTERNATIONAL INC. reported financial results for first half ended June 30, 2023.
  - Period: first half ended June 30, 2023
  - Result: reported results
  source text: In the first half of 2023, Operating EBITDA was negative $41.2 million a decrease from positive $299.5 million in the same period of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333274/000095017023038089/0000950170-23-038089-index.htm

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