Kodak Q4 rev $290M (+9%); FY25 op. EBITDA $62M (+138%), net loss $128M on KRIP termination

EASTMAN KODAK CO

Q4 2025 revenue $290M (+9% YoY); AM&C up 25%, Print up 4%.
Full-year 2025 revenue $1.069B (+2%); Print down 3%, AM&C up 17%.
GAAP net loss $128M for FY25 vs net income $102M in FY24, driven by KRIP termination & asset reversion.
Operational EBITDA $62M (FY25) vs $26M (FY24), +138%; Q4 Op. EBITDA $22M vs $9M.
Year-end cash $337M, up $136M; CEO cites de-levering, interest expense reduced ~$40M annually.

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