---
schema_version: "secwatch.filing_event.v1"
accession: "0001408075-26-000016"
form_type: "8-K"
ticker: "GPK"
cik: "0001408075"
company_name: "GRAPHIC PACKAGING HOLDING CO"
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:18:54.842796+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Graphic Packaging Q1 net loss $43M; adj EPS $0.09 vs $0.51 YoY; restructure cuts 500+ roles

## Summary
- Net loss ($43M) vs net income $127M YoY; diluted EPS ($0.14) vs $0.42.
- Adj net income $28M ($0.09/sh) vs $154M ($0.51/sh); Adj EBITDA $232M vs $365M, margin 10.8% vs 17.2%.
- Net sales +2% to $2,156M; volume +1%, price -2%.
- Completed 90-day review; cuts >500 roles, $60M cost target, $200M+ capital avoidance.
- Reaffirms FY2026 guidance: Adj EBITDA $1.05-1.25B, Adj EPS $0.75-1.15, Adj Cash Flow $700-800M.

## SEC filing metadata
- accession: 0001408075-26-000016
- form_type: 8-K
- ticker: GPK
- cik: 0001408075
- company_name: GRAPHIC PACKAGING HOLDING CO
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1408075/000140807526000016/0001408075-26-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1408075/000140807526000016/gpk-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001408075-26-000016
- JSON: https://secwatch.observer/filing/0001408075-26-000016.json
- Plain text: https://secwatch.observer/filing/0001408075-26-000016.txt

## Source-grounded claims
- claim_id: e4e4067f50be9c3eb74cf05e9109e9ccf7d0a354
  claim: GRAPHIC PACKAGING HOLDING CO reported first quarter 2026 results: revenue $2,156 million, net income ($43) million, EPS $(0.14) per diluted share. Guidance reaffirmed.
  evidence_excerpt: GPK) ("Graphic Packaging" or the "Company"), a global leader in sustainable consumer packaging, today reported first quarter 2026 results. Net Sales in first quarter 2026 were $2,156 million, versus $2,120 million in first quarter 2025. Net Loss in first quarter 2026 was ($43) million, or $(0.14) per diluted share, versus Net Income of $127 million, or $0.42 per
  evidence_url: https://www.sec.gov/Archives/edgar/data/1408075/000140807526000016/0001408075-26-000016-index.htm

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