---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-051571"
form_type: "8-K"
ticker: "PACK"
cik: "0001712463"
company_name: "Ranpak Holdings Corp."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:40:59.388311+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ranpak Q1 revenue up 5.0% to $85.3M, net loss narrows to $8.1M

## Summary
- Net revenue $85.3M, up 5.0% YoY; constant currency revenue $88.5M, up 4.4%.
- Net loss improved to $8.1M from $12.4M in prior year period.
- Constant Currency Adjusted EBITDA $20.2M, up 33.8% YoY.
- Gross margin expanded 400 bps to 37.9% (38.0% constant currency basis).
- Packaging system placements up 0.9% to approximately 140,800 machines.

## SEC filing metadata
- accession: 0000950170-24-051571
- form_type: 8-K
- ticker: PACK
- cik: 0001712463
- company_name: Ranpak Holdings Corp.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1712463/000095017024051571/0000950170-24-051571-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1712463/000095017024051571/pack-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-051571
- JSON: https://secwatch.observer/filing/0000950170-24-051571.json
- Plain text: https://secwatch.observer/filing/0000950170-24-051571.txt

## Key facts
- Earnings Releases
  Ranpak Holdings Corp. reported first quarter ended March 31, 2024 results: revenue $85.3 million, net income $8.1 million net loss.
  - Period: first quarter ended March 31, 2024
  - Revenue: $85.3 million
  - Net income: $8.1 million net loss
  - Result: reported results
  source text: • Packaging System placement up 0.9% year over year to approximately 140,800 machines at March 31, 2024 • Net revenue for the first quarter increased 5.0% year over year to $85.3 million and increased 4.4% year over year on a constant currency basis to $88.5 million • Net loss for the first quarter of $8.1 million compared to net loss of $12.4 million for the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1712463/000095017024051571/0000950170-24-051571-index.htm

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