Sylvamo Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 6, 2026, reporting net income from continuing operations of $85 million alongside a net loss of $199 million driven by discontinued operations.

Key Highlights

  • Net sales of $645 million for the three months ended September 30, 2026, compared with $662 million in the same period of 2025, according to the filing.
  • Net income from continuing operations of $85 million for Q3 2026, up from $71 million in Q3 2025, the company disclosed.
  • Discontinued operations loss of $284 million (net of taxes) in Q3 2026 resulted in a net loss of $199 million for the quarter, per the filing.
  • Diluted loss per share of $4.98 for Q3 2026, compared with diluted earnings per share of $1.41 in Q3 2025, as reported in the filing.
  • Cash provided by operating activities from continuing operations totaled $141 million for the nine months ended September 30, 2026, versus $240 million in the prior-year period.
  • Total assets of $2.951 billion as of September 30, 2026, up from $2.761 billion at December 31, 2025, according to the balance sheet.
  • 39,769,756 shares of common stock outstanding as of October 30, 2026, the filing stated.

Sylvamo's Third-Quarter 2026 Financial Results: Continuing Operations Versus Discontinued-Operations Impact

Sylvamo Corporation (NYSE:SLVM) reported net sales of $645 million for the three months ended September 30, 2026, a decline from $662 million in the year-ago quarter, according to the filing. Cost of products sold (exclusive of depreciation, amortization, and cost of timber harvested) was $440 million in Q3 2026 compared with $443 million in Q3 2025. Selling and administrative expenses rose to $82 million from $61 million year-over-year, the company disclosed. Income from continuing operations before income taxes was $71 million for the quarter, down from $105 million in Q3 2025.

A notable item in Q3 2026 was the income tax benefit of $14 million for the quarter, compared with a provision of $34 million in Q3 2025, which the filing reflected in the condensed consolidated statements of operations. Net income from continuing operations reached $85 million for Q3 2026 versus $71 million a year earlier. However, discontinued operations recorded a loss of $284 million net of taxes in Q3 2026, compared with a loss of $14 million in Q3 2025, resulting in a consolidated net loss of $199 million for the quarter, according to the filing.

For the nine months ended September 30, 2026, the company reported net sales of $1.827 billion versus $1.906 billion in the prior-year period, the filing stated. Net income from continuing operations for the nine-month period was $117 million, compared with $160 million in the same period of 2025. Capital expenditures from continuing operations totaled $156 million for the nine months ended September 30, 2026, versus $142 million in the prior-year period. Total equity declined to $740 million at September 30, 2026, from $966 million at December 31, 2025, the balance sheet showed, reflecting the impact of the net loss and dividends paid of $54 million during the nine-month period.

What Was Disclosed

Sylvamo filed its quarterly report covering the three and nine months ended September 30, 2026, disclosing continuing-operations income, a substantial discontinued-operations loss, balance sheet changes, and cash flow results for the period.