Eastman Kodak Company Stock Earnings Reports

Kodak reported Q1 2026 results showing continued sequential improvement: consolidated revenue rose 7% year-over-year to $265 million, driven by growth in Print and Advanced Materials & Chemicals (AM&C). Gross profit grew to $57 million (22% margin), and operational EBITDA improved sharply to $15 million (up $13 million year-over-year) — the third consecutive quarter of year-over-year improvement. Key business highlights include investments and product launches in still and motion picture film (including VERITA 200D and notable film usage on several high-profile productions), expansion of the SONORA UltraXR plate in Europe, and progress in the pharma business (new cGMP facility and an Advanced Electrophysiology Lab partnership). The company strengthened its balance sheet: unrestricted cash was $299 million and Kodak was net debt positive for the second consecutive quarter, having paid $50 million of higher-rate term loan principal. Reported GAAP net loss was $16 million, driven in part by a $12 million nonoperational fair-value change on a Series B preferred-stock embedded derivative and $5 million of noncash stock-based compensation; management emphasizes operational EBITDA as the key measure of underlying business performance. Inventory increased (notably silver costs and build-ahead for a planned maintenance shutdown), and net debt position improved modestly from December 2025.