Key Highlights

  • Eastman Kodak (NYSE:KODK) reported third-quarter 2026 Revenue of USD 276 million on November 3, 2026, up 3% from USD 269 million, with Net Income of USD 21 million against USD 13 million a year earlier.
  • Diluted GAAP Earnings Per Share were USD 0.18 against a loss of USD 0.08 in the third quarter of 2025, a swing from a negative base that makes any growth rate unreliable.
  • Advanced Materials and Chemicals revenue rose 21% to USD 99 million, while Print revenue fell 7% to USD 165 million, and gross Margin edged up to 26% from 25%.
  • Published market data showed shares down 10.48% near USD 7.76; the snapshot date is unconfirmed, and the one-year EPS change of 1628.92% on the screen could not be verified.

Third-Quarter Profit Swing Meets a 10.48% Slide

Eastman Kodak (NYSE:KODK) published third-quarter 2026 results on November 3, 2026. Revenue rose 3% to USD 276 million, net income reached USD 21 million and diluted GAAP earnings per share were USD 0.18, compared with a loss of USD 0.08 a year earlier. Operational EBITDA, a non-GAAP measure, was USD 31 million versus USD 29 million. Published market data showed the shares 10.48% lower near USD 7.76. The reason for the decline was not confirmed, and the snapshot date is not shown, so the reaction cannot be tied to the report with certainty.

Segment Mix, Costs and Cash Behind the Numbers

Kodak is a commercial printing and advanced materials company, and the quarter showed a shift in mix. Advanced Materials and Chemicals revenue grew 21% to USD 99 million while Print revenue declined 7% to USD 165 million. Selling, general and administrative expense rose to USD 50 million from USD 41 million, mainly from higher Equity compensation and employee benefit accrual changes. Cash was USD 317 million at September 30, 2026, up from USD 290 million at June 30 but below USD 337 million at December 31, 2025. Debt was about USD 110 million after USD 101 million of term Loan repayments this year. No guidance was provided.

Reading a 1628.92% EPS Change as a Base Effect

As a small-cap company, Kodak appears on aggressive-growth screens, yet the screened one-year EPS change of 1628.92% is unverified and is not a meaningful growth rate. When earnings per share move from a loss to a profit, the change depends on a tiny or negative base, so it can look extreme or be undefined. The filing gives GAAP figures only, and adjusted EPS was not reported. The release also notes year-to-date inflows of USD 93 million from redemptions of retirement plan reversion investments, which are not operating profit. Market Capitalization was not verified and is not stated.

Where Things Stand

Eastman Kodak (NYSE:KODK) is down 10.48% on the screen despite a USD 0.18 profit per share because a profit swing does not always match what investors expected, and the actual reason was not confirmed. The November 3, 2026 release showed modest revenue growth of 3%, a Print decline of 7% and higher overhead, which may have weighed. Against that, cash of USD 317 million and debt of about USD 110 million are manageable on the numbers shown. The next markers are the fourth-quarter results and any guidance, since none was provided, plus whether the Advanced Materials and Chemicals growth of 21% continues.