The financials
Smurfit Westrock by the numbers
Smurfit Westrock (SW) reported revenue of $7.71B in Q1 2026 (quarter ended March 31, 2026), up 0.7% from the same quarter a year earlier. That came with a gross margin of 16% and net income of $65M (0.8% of revenue). For the full year FY2025, revenue was $31.2B (+48% year on year) and net income $699M. Its largest segment in 2026-Q1 was North America at $4.41B, 57% of the disclosed total, just ahead of Europe Middle East And Africa And Asia Pacific at 36%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $7.71B | $7.66B | +0.7% |
| Gross profit | $1.27B | $1.58B | −20% |
| Operating income | $253M | $553M | −54% |
| Net income | $65M | $384M | −83% |
| Diluted EPS | $0.12 | $0.73 | −84% |
| Operating | Revenue | Share |
|---|---|---|
| North America | $4.41B | 57% |
| Europe Middle East And Africa And Asia Pacific | $2.77B | 36% |
| Latin America | $540M | 7.0% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $7.71B (-3.6%)
Latin America grew +7.6% year on yearNorth America -3.7% year on year
Segment Latestquarter on quarteryear on year
- North America$4.41B$4.41BQoQ -5.0%year on year -3.7%-5.0%-3.7%
- Europe Middle East And Africa And Asia Pacific$2.77B$2.77BQoQ -1.9%year on year +7.3%-1.9%+7.3%
- Latin America$540.0M$540.0MQoQ -0.92%year on year +7.6%-0.92%+7.6%
Packaging & Containers
Ranks #11 of 15 by Smart Score