secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Paper Corp (CLW)
CIK:        0001441236
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001441236-26-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441236/000144123626000006/0001441236-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441236/000144123626000006/clw-20260218.htm
  HTML page:      https://secwatch.observer/filing/0001441236-26-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer