---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-061954"
form_type: "8-K"
ticker: "MERC"
cik: "0001333274"
company_name: "MERCER INTERNATIONAL INC."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-22T23:58:26.978954+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mercer Q1 net loss $22.3M; operating EBITDA $47.1M, down from $63.6M YoY

## Summary
- Revenue $507M, down 8% YoY; net loss per share $0.33 vs loss $0.25 in Q1 2024.
- Pulp segment operating EBITDA $49.9M, down 27% YoY due to Celgar mill maintenance (22 days) and higher fiber costs.
- Solid wood segment operating EBITDA -$0.3M, improved from -$0.9M YoY on higher lumber realizations.
- Quarterly dividend of $0.075/share declared, payable July 3 to holders of record June 26.
- Targeting ~$100M cost savings by 2026; reduced 2025 capex by $20M and targeting $20M inventory reduction.

## SEC filing metadata
- accession: 0000950170-25-061954
- form_type: 8-K
- ticker: MERC
- cik: 0001333274
- company_name: MERCER INTERNATIONAL INC.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333274/000095017025061954/0000950170-25-061954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333274/000095017025061954/merc-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-061954
- JSON: https://secwatch.observer/filing/0000950170-25-061954.json
- Plain text: https://secwatch.observer/filing/0000950170-25-061954.txt

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