FY2025 · ended Dec 31, 2025 · Revenue $1.56B, +12.4% YoY · Filed Feb 18, 2026
Clearwater Paper Corporation (CLW) files with the SEC under industry code 2631, Paperboard Mills. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.6 billion and a net loss of $18.6 million. Free cash flow was -$76.5 million. As of Sep 30, 2026 it held $35.7 million in cash and investments and $588.9 million in total debt.
Revenue (TTM)
$1.51B
-3.2% vs year-ago TTM
Net income (TTM)
$2.40M
-98.3% vs year-ago TTM
Operating cash flow (TTM)
$105.10M
+478.1% vs year-ago TTM
Free cash flow (TTM)
$56.80M
+142.2% vs year-ago TTM
EPS
$-1.15
-109.8% vs prior year
Dividend per share
None
Shares outstanding
16.04M
-0.8% vs prior year
Net cash
$-553.20M
as of Sep 30, 2026
Operating margin
-1.6%
FY 2026
Company profile
- Industry
- Paperboard Mills (SIC 2631)
- Listed as
- CLW (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Spokane, WA
- SEC filer status
- Accelerated filer
- SEC CIK
- 1441236
- Former names
- Potlatch Forest Products CORP (until Nov 28, 2008)
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.4B | $1.1B | $1.2B | $1.8B |
| Operating income | -$42.1M | -$64.5M | $78.1M | $99.3M | $12.0M |
| Net income | -$18.6M | $196.3M | $107.7M | $46.0M | -$28.1M |
| Diluted EPS | -$1.15 | $11.70 | $6.30 | $2.68 | -$1.67 |
| Operating cash flow | $12.3M | $61.4M | $190.7M | $150.2M | $96.4M |
| Free cash flow | -$76.5M | -$55.2M | $117.0M | $116.7M | $58.0M |
| Total assets | $1.6B | $1.7B | $1.7B | $1.7B | $1.7B |
| Total liabilities | $763.0M | $824.7M | $1.0B | $1.1B | $1.2B |
| Stockholders' equity | $825.3M | $854.6M | $668.8M | $572.1M | $511.7M |
| Cash and investments | $30.7M | $79.6M | $42.0M | $53.7M | $25.2M |
| Total debt | $398.5M | $330.7M | $472.6M | $637.9M | $717.1M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 26, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Officer or director change
|
Oct 26, 2026 | Oct 22, 2026 |
| 8-K |
Current report
Material agreement, Agreement ended, New debt, Regulation FD disclosure
|
Sep 21, 2026 | Sep 18, 2026 |
| 10-Q | Quarterly report | Jul 28, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 28, 2026 | Jul 28, 2026 |
| 8-K |
Current report
Officer or director change, Bylaw or fiscal year change, Shareholder vote results
|
May 12, 2026 | May 7, 2026 |
All 1000 Clearwater Paper Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.