Kodak Reports Fourth Consecutive Quarter of Growth, Stock Nearly Doubles
Eastman Kodak has announced its fourth straight quarter of year-over-year growth, reporting Q2 FY2026 revenue of $311 million, an increase of $48 million compared to last year. The gross profit surged by $31 million, marking a 61% rise, while GAAP net income reached $17 million, a remarkable recovery from a $26 million loss the previous year. CEO Jim Continenza attributed this success to the steady implementation of a long-term strategy. The Print segment accounted for $195 million, up $17 million, and Advanced Materials and Chemicals brought in $105 million, an increase of $30 million. Since September 2022, Kodak has been rebranding and selling photography film directly. The company anticipates $500 million in assets from its pension plan termination by December 2025, which will help address its $477 million debt. Kodak's stock has nearly doubled over the past year.
Key facts
- Kodak reported FY2026 Q2 revenue of $311 million, up $48 million year-over-year.
- Gross profit increased by $31 million, a 61% jump.
- GAAP net income was $17 million, compared to a net loss of $26 million last year.
- Jim Continenza is Kodak's Executive Chairman and CEO.
- Print business revenue was $195 million, up $17 million; Advanced Materials and Chemicals was $105 million, up $30 million.
- Motion picture film revenue increased by 36% over the past two years, per Vanessa Bendetti.
- Kodak has rebranded and now sells all its photography film directly since last September.
- Kodak expects to receive approximately $500 million from pension plan termination in December 2025.
- Stock price has nearly doubled over the past year.
Entities
Artists
- Jim Continenza
- Vanessa Bendetti
Institutions
- Eastman Kodak
- Kodak Alaris
- CineD
- Team 2 Films
Locations
- Rochester
- United States