---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-029130"
form_type: "8-K"
ticker: "GEF"
cik: "0000043920"
company_name: "GREIF, INC"
filed_at: "2026-05-01T23:59:59+00:00"
generated_at: "2026-05-15T00:25:53.902496+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Greif Q2 adjusted EBITDA up 7.5% to $156.8M, but GAAP net income down 32.3%

## Summary
- Net income $12.6M ($0.22 diluted EPS) vs $18.6M ($0.32) a year ago; adjusted net income $62.7M ($1.10) up 57.5%.
- Adjusted EBITDA $156.8M vs $145.9M; adjusted free cash flow $179.3M, up $92.7M.
- Completed $150M share repurchase program; refinanced debt with $500M term loans and $800M revolver at 3.14%.
- Leverage ratio improved to 1.1x from 3.3x; net debt $719.8M; achieved $75M run-rate cost optimization.
- CEO notes subdued demand, conservative outlook, and geopolitical uncertainty; containerboard divestment closed Aug 31, 2025.

## SEC filing metadata
- accession: 0001628280-26-029130
- form_type: 8-K
- ticker: GEF
- cik: 0000043920
- company_name: GREIF, INC
- filed_at: 2026-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43920/000162828026029130/0001628280-26-029130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43920/000162828026029130/gef-20260501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-029130
- JSON: https://secwatch.observer/filing/0001628280-26-029130.json
- Plain text: https://secwatch.observer/filing/0001628280-26-029130.txt

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