---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-050153"
form_type: "8-K"
ticker: "CLW"
cik: "0001441236"
company_name: "Clearwater Paper Corp"
filed_at: "2026-07-28T20:08:50+00:00"
generated_at: "2026-07-28T20:10:12.167939+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clearwater Paper Q2 net loss $21M; Adj EBITDA negative $8M on pricing pressure and outage

## Summary
- Net loss of $21M ($1.33/diluted share) vs net income of $3M in Q2 2025; revenue $375M (-4% YoY).
- Adjusted EBITDA from continuing ops negative $8M vs positive $40M a year ago, driven by lower pricing and $22M Lewiston outage.
- Paperboard volume up 8% to 328,722 tons; average selling price down 9% to $1,077/ton.
- Restructured Cypress Bend facility, cutting ~20% of roles; expects $8-12M annual savings.
- Reduced net debt by $59M in Q2; six-month net loss $34M vs $2M loss in prior year.

## SEC filing metadata
- accession: 0001628280-26-050153
- form_type: 8-K
- ticker: CLW
- cik: 0001441236
- company_name: Clearwater Paper Corp
- filed_at: 2026-07-28T20:08:50+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/1441236/000162828026050153/0001628280-26-050153-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1441236/000162828026050153/clw-20260728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-050153
- JSON: https://secwatch.observer/filing/0001628280-26-050153.json
- Plain text: https://secwatch.observer/filing/0001628280-26-050153.txt

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