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Raw materials & energyCapital & Financial Markets 29 Oct 2026

Ranpak lifts Q3 EBITDA 6.1% as automation revenue jumps 26.9%

Ranpak reported third-quarter 2026 adjusted EBITDA of USD 22.5m, up USD 1.1m as reported and 6.1% at constant currency. Automation revenue rose 26.9% year on year at constant currency, excluding warrants. The company still expects USD 60m of automation net revenue in 2026, 50% more than in 2025. North American volumes rose 1.8% as the distribution channel recovered, while Europe and Asia-Pacific were softer after a strong second quarter.

Why this mattersAutomation is becoming Ranpak's growth driver, giving it revenue less tied to short-term demand for paper-based protective packaging.

  • Q3 2026 adjusted EBITDA USD 22.5m, up USD 1.1m as reported and 6.1% at constant currency
  • Automation revenue up 26.9% year on year at constant currency, excluding warrants
  • 2026 automation net revenue still expected at USD 60m, 50% above 2025
  • North America volumes up 1.8% on improved distribution channel performance
  • Europe and Asia-Pacific volumes softer after a strong Q2
Ranpak
Sources exa.ai
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-11-01 · Edited before publication: These items are not in the source excerpts: revenue growth of 3.4%/2.3%, the FX headwind, YTD EBITDA, leverage, cash and the Dutch gas surcharge. Removed. The Raw materials & energy topic depended on the surcharge and is dropped.
  • 2026-11-01 · Edited before publication: Topic 'Raw materials & energy' is wrong for a packaging machinery/results story; replaced. Routine results recap of a followed company: materiality 2.