revenue $311.0M, net income $17.0M. Kodak swings to operating profit on 18% revenue growth; KRIP reversion resolves going concern

Filed August 4, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 11, 2025 · ~2 min read

Key Changes

• high

  Operating income swung from a $5M loss to$32M income in Q2 2026 (YTD: -up to $18M to +$14M), driven by pricing gains in Print ($12M Q2) and Advanced Materials ($11M Q2), higher volumes, and reduced manufacturing costs, partially offset by aluminum and silver cost increases.

  MD&A: Operating Results verify on EDGAR →
• high

  Proceeds funded $100M term loan prepayment and Series B preferred refinancing.

  MD&A: KRIP Reversion; Notes: Pension Settlement verify on EDGAR →
• high

  Series B preferred stock extended from May 2026 to June 2029 mandatory redemption, with dividend increased from 4.0% to 6.0% and conversion price lowered from $10.50 to $10.00. Embedded conversion options valued at $40M as of June 30, 2026, up from $30M at issuance.

  Notes: Series B Preferred Stock Amendment verify on EDGAR →