Eastman Kodak's Q2 2026 Earnings Call: Stability and Growth
In a recent conference call, Eastman Kodak announced its second quarter 2026 earnings results, highlighting stability and growth in key metrics. The company has delivered year-over-year improvement in key metrics for four consecutive quarters, leveraging its core strengths and focusing on execution.
Kodak's consolidated revenues reached $311 million compared to $263 million in Q2 2025, an increase of $48 million or 18%. Gross profit also saw a significant jump from $51 million in Q2 2025 to $82 million this quarter, a rise of $31 million or 61%. Operational EBITDA experienced a substantial growth from $9 million in Q2 2025 to $36 million, an increase of $27 million or 300%.
Total debt to EBITDA ratio improved significantly from 23 times in Q2 2025 to one time in Q2 2026. This indicates the company's successful deleveraging efforts and strengthened balance sheet.
Jim Continenza, Eastman Kodak's Executive Chairman and Chief Executive Officer, emphasized the stability and growth achieved by the company. He noted that this performance is a result of consistent focus on leveraging core strengths and executing on its long-term plan, which has been in place for seven years.
Kodak also highlighted its Advanced Materials & Chemicals (AM&C) segment, which saw significant growth with revenues reaching $105 million compared to $75 million in Q2 2025, an increase of $30 million or 40%. The company's focus on innovation and execution is evident in the results of this segment.
Still film sales were mentioned as a notable achievement, allowing Kodak to stabilize the market and meet customer demand. Motion picture film was also highlighted, with Continenza expressing pride in the results for this segment.
These achievements demonstrate Eastman Kodak's commitment to growth, stability, and innovation. The company continues to execute on its long-term plan, focusing on leveraging core strengths and delivering solid financial performance.
