SHARPE
Reported results
- GAAP total revenues were $440.7 million ($440,668 thousand) in Q3 2026 compared to $458.1 million ($458,068 thousand) in Q3 2025.
- GAAP net loss was $59.2 million ($59,206 thousand), or $0.88 per basic and diluted common share, in Q3 2026 compared to $80.8 million ($80,779 thousand), or $1.21 per basic and diluted common share, in Q3 2025.
- GAAP operating loss was $38.7 million ($38,747 thousand) in Q3 2026 compared to $67.6 million ($67,589 thousand) in Q3 2025.
- Non-GAAP Operating EBITDA was negative $2.9 million (negative $2,851 thousand) in Q3 2026 compared to negative $28.1 million (negative $28,077 thousand) in Q3 2025.
- GAAP Pulp segment Segment Operating EBITDA was positive $5.9 million ($5,890 thousand) in Q3 2026 compared to negative $12.7 million (negative $12,686 thousand) in Q3 2025.
- GAAP Solid wood segment Segment Operating EBITDA was negative $7.0 million (negative $7,036 thousand) in Q3 2026 compared to negative $9.3 million (negative $9,268 thousand) in Q3 2025.
Guidance
- Expects a total of 18 days of planned annual maintenance downtime at the Celgar mill in the fourth quarter of 2026.
- Remains on track to achieve $100 million of cost savings and operational efficiencies by year end under the ‘One Goal One Hundred’ program.
Notes
On November 2, 2026, the company entered into restructuring support agreements to effectuate a recapitalization and expects Mercer International Inc. and Mercer International (Texas) LLC to commence voluntary chapter 11 prepackaged cases.
Price and volatility reaction
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-05 (8-K, Item 2.02). Read the original filing on sec.gov.