10-K - Eastman Kodak Company | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Eastman Kodak Company reported total revenues of $1.07 billion for FY 2025, a 2% increase from $1.043 billion in FY 2024. The company recorded a net loss of $128 million, a significant decline from net earnings of $102 million in the prior year. Gross profit improved to $232 million (21.7% margin) from $203 million (19.5% margin) driven by pricing actions and favorable currency impacts. Operating cash flow was strong at $480 million, primarily due to $618 million in cash proceeds from the Kodak Retirement Income Plan (KRIP) reversion. The Advanced Materials and Chemicals segment showed robust growth with revenues increasing 17% to $316 million, while Print segment revenues declined 3% to $715 million. Kodak ended the year with $337 million in cash and cash equivalents and total debt of $209 million.

Key Takeaways

1Net loss of $128 million in FY 2025 versus net earnings of $102 million in FY 2024

2Operating cash flow of $480 million driven by $618 million KRIP reversion proceeds

3Advanced Materials & Chemicals segment revenue grew 17% YoY to $316 million

4Print segment revenue declined 3% YoY to $715 million representing 67% of total revenue

5Cash balance increased to $337 million with total debt of $209 million

Key Financial Metrics

EPS

-$2

$1.17 prior year

Revenue

$1.07B

+2%

Net Income

-$128.0M

-225%

Gross Margin

21.7%

19.5% prior year

Gross Profit

$232.0M

+14%

free cash flow

$451.0M

Business Segments

Print67% of total revenues, Operational EBITDA of $3M

$715M-3% YoY

Advanced Materials and ChemicalsOperational EBITDA of $39M (12% margin)

$316M+17% YoY

BrandOperational EBITDA of $20M (87% margin)

$23M+15% YoY