---
schema_version: "secwatch.filing_event.v1"
accession: "0001441236-26-000006"
form_type: "8-K"
ticker: "CLW"
cik: "0001441236"
company_name: "Clearwater Paper Corp"
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:01:25.081829+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clearwater Paper full-year net loss $53M; adjusted EBITDA improves to $107M from $36M

## Summary
- Net loss from continuing ops in 2025: $53M ($3.28/diluted share) vs net income $196M in 2024 (includes one-time gains).
- Full-year net sales $1.6B (+12% YoY); paperboard volumes up 14% to 1.236M tons; avg price down 4% to $1,167/ton.
- Adjusted EBITDA from continuing operations $107M vs $36M in 2024 on cost reductions and lower input costs.
- Early 2026 weather disruptions at Augusta & Cypress Bend estimated to reduce Adjusted EBITDA by $20M.
- Repurchased ~$17M of shares; $79M remaining under authorization.

## SEC filing metadata
- accession: 0001441236-26-000006
- form_type: 8-K
- ticker: CLW
- cik: 0001441236
- company_name: Clearwater Paper Corp
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1441236/000144123626000006/0001441236-26-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1441236/000144123626000006/clw-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001441236-26-000006
- JSON: https://secwatch.observer/filing/0001441236-26-000006.json
- Plain text: https://secwatch.observer/filing/0001441236-26-000006.txt

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