Eastman Kodak Company reported its financial results for the fourth quarter and full year ended December 31, 2025, highlighting revenue growth, improved operational profitability, and a stronger cash position as the company continues executing its long term restructuring and growth strategy.

For the fourth quarter of 2025, Kodak reported consolidated revenues of 290 million dollars, compared with 266 million dollars in the same period of 2024. The increase of 24 million dollars represents a year over year growth of 9 percent and reflects stronger performance across several of the company’s core business areas.

The Advanced Materials and Chemicals segment recorded revenues of 85 million dollars during the quarter, compared with 68 million dollars in the fourth quarter of 2024, marking an increase of 17 million dollars or 25 percent. The Print segment generated revenues of 195 million dollars, compared with 187 million dollars during the same period in the previous year, reflecting a growth of 8 million dollars or 4 percent.

Kodak reported a fourth quarter gross profit of 67 million dollars, compared with 51 million dollars in the fourth quarter of 2024, representing an increase of 16 million dollars. Gross profit margin improved to 23 percent from 19 percent in the previous year’s quarter.

Operational EBITDA for the fourth quarter reached 22 million dollars, compared with 9 million dollars in the same period of 2024. This represents an increase of 13 million dollars, or 144 percent, indicating improved operational performance across key segments. Despite these gains, the company reported a GAAP net loss of 108 million dollars for the quarter, compared with net income of 26 million dollars in the fourth quarter of 2024.

For the full year 2025, Kodak recorded consolidated revenues of 1.069 billion dollars, compared with 1.043 billion dollars in 2024, reflecting an increase of 26 million dollars or 2 percent. When adjusted for the favorable impact of foreign exchange of 11 million dollars, revenues increased by approximately 15 million dollars year over year.

The Advanced Materials and Chemicals segment delivered strong annual performance, generating revenues of 316 million dollars compared with 271 million dollars in 2024, an increase of 45 million dollars or 17 percent. The Print segment generated revenues of 715 million dollars, slightly lower than the 737 million dollars recorded in the previous year.

Gross profit for the full year rose to 232 million dollars, compared with 203 million dollars in 2024, representing an increase of 29 million dollars. Gross profit margin improved to 22 percent from 19 percent in the prior year, reflecting improved pricing strategies and operational efficiencies.

Operational EBITDA for the year reached 62 million dollars, compared with 26 million dollars in 2024, representing an increase of 36 million dollars or 138 percent. The improvement was driven primarily by pricing adjustments, operational improvements, lower spending on organizational restructuring, and favorable currency movements.

Kodak reported a GAAP net loss of 128 million dollars for the full year 2025, compared with GAAP net income of 102 million dollars in 2024. The decline was largely attributed to the non recurring impact of the termination of the Kodak Retirement Income Plan and excise taxes associated with the reversion of assets to the company.

The company ended the year with a cash balance of 337 million dollars, compared with 201 million dollars at the end of 2024. The increase of 136 million dollars was largely driven by the financial effects associated with the pension plan termination and related asset reversion.

Jim Continenza, Executive Chairman and Chief Executive Officer of Kodak, said the company finished 2025 with a strong fourth quarter that provides a foundation for growth in the coming year. He noted that Kodak continues to execute the long term plan introduced in 2019, focusing on reducing debt while investing in infrastructure and product innovation.

According to Continenza, the company has strengthened its balance sheet and reduced annual interest expenses by approximately 40 million dollars. Over the past several years, Kodak’s print business has launched 14 new products, while the Advanced Materials and Chemicals division has introduced new still films and developed several initiatives aimed at expanding into promising growth areas.

He also highlighted investments in internal technology systems, including upgraded IT and reporting platforms that streamline processes, reduce operational costs, and improve customer service capabilities.

Looking ahead, Kodak remains focused on achieving sustainable growth by strengthening its commercial print leadership, expanding its advanced materials capabilities, and continuing to invest in new technologies and operational efficiencies.

Eastman Kodak Company is a global manufacturer specializing in commercial print technologies and advanced materials and chemicals. Over more than 130 years of research and development, the company has earned approximately 79,000 worldwide patents and continues to develop technologies that support imaging, printing, and industrial applications.

Kodak’s products and solutions are widely used by commercial printers and imaging professionals around the world. The company also maintains a strong focus on environmental responsibility and sustainable innovation in the printing industry.