earnings
confidence high
sentiment neutral
materiality 0.65
Ranpak Q2 revenue up 14% to $105.2M; AEBITDA up 15.8% to $19.1M; automation revenue surges 134%
Ranpak Holdings Corp.
- Net revenue $105.2M (+14.0% YoY, +12.2% constant currency); net loss $7.9M vs $7.5M loss prior year.
- Adjusted EBITDA $19.1M (+15.8% YoY, +13.9% constant currency); includes $1.7M non-cash warrant reduction.
- Automation net revenue $16.6M (+133.8% YoY); PPS system placements down 2.3% to ~141.7K machines.
- Void-fill revenue $44.8M (+9.0%); cushioning $35.1M (-4.6%); wrapping $8.7M (+19.2%).
- Management reaffirms full-year guidance; expects ~$60M automation revenue in 2026.