revenue $101.2M, net income -$10.2M. Ranpak resolves material weakness, automation sales surge 6.4% despite flat core growth

Filed April 30, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 6, 2025 · ~1 min read

Key Changes

• high

  Management now certifies disclosure controls are effective after remediating material weaknesses disclosed in prior year.

  Controls and Procedures verify on EDGAR →
• high

  Automation equipment revenue jumped 113% to $13.4M, driving 11% total revenue growth to $101.2M. However, the installed base of packaging systems grew only 0.2% (300 units), signaling near-stagnation in new customer adoption.

  MD&A: Revenue and Installed Base verify on EDGAR →
• high

  North America revenue flat at $42.5M after prior year's 33% surge, with volume declines in cushioning, void-fill, and wrapping offset only by automation sales. Europe/Asia rebounded 21% to $58.7M, though 12 percentage points came from favorable FX.

  MD&A: Segment Performance verify on EDGAR →