---
schema_version: "secwatch.filing_event.v1"
accession: "0001441236-25-000007"
form_type: "8-K"
ticker: "CLW"
cik: "0001441236"
company_name: "Clearwater Paper Corp"
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T01:54:54.096608+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clearwater Paper Q3 net loss $53M on $399M sales; $45M goodwill impairment, adjusted EBITDA $18M

## Summary
- Net loss from continuing ops $54M ($3.34 diluted) vs $11M loss in Q3 2024; includes $45M non-cash goodwill impairment.
- Adjusted EBITDA from continuing ops $18M, down from $21M in Q3 2024, hit by $24M Lewiston maintenance outage.
- Sales volumes up 3% to 324k tons; average selling price down 3% to $1,160/ton.
- Fixed cost reduction on track to deliver ~$50M in 2025, above $30-40M target.
- Steve Bowden moves from SVP Operations to SVP Commercial effective January 1, 2026.

## SEC filing metadata
- accession: 0001441236-25-000007
- form_type: 8-K
- ticker: CLW
- cik: 0001441236
- company_name: Clearwater Paper Corp
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1441236/000144123625000007/0001441236-25-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1441236/000144123625000007/clw-20251024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001441236-25-000007
- JSON: https://secwatch.observer/filing/0001441236-25-000007.json
- Plain text: https://secwatch.observer/filing/0001441236-25-000007.txt

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