Mercer International Inc. reports second quarter 2026 results

Selected Highlights

• Second quarter Operating EBITDA* of negative $21.0 million (net loss of $76.0 million), including a non-cash inventory impairment of $29.0 million, compared to negative $20.9 million (net loss of $86.1 million) in the same quarter of 2025
• Implementing operational restructuring at the Torgau facility to align its capacity and operational profile to current market conditions, with the goal of ensuring an economically viable future for the facility
• Continued efforts to improve our balance sheet and optimize working capital. “One Goal One Hundred” program remains on track to achieve $100 million of cost savings and operational efficiencies by year end, with additional cost savings of $13.0 million in second quarter and a total of approximately $54.0 million to date since launch in April 2025
• Engaged advisors and key stakeholders to pursue and evaluate a range of strategic alternatives to address debt maturities, enhance liquidity and strengthen our capital structure

NEW YORK, NY, August 6, 2026 ‑ Mercer International Inc. (Nasdaq: MERC) today reported second quarter 2026 Operating EBITDA of negative $21.0 million, a decrease from negative $20.9 million in the same quarter of 2025 and positive $7.8 million in the first quarter of 2026.

In the second quarter of 2026, net loss was $76.0 million ($1.13 per share) compared to $86.1 million ($1.29 per share) in the same quarter of 2025 and $52.0 million ($0.78 per share) in the first quarter of 2026.

Mr. Juan Carlos Bueno, Chief Executive Officer, stated: “Our pulp sales realizations remained steady this quarter, as continued economic uncertainty delayed market recovery. Our second quarter results were also weighed down by rising European fiber costs, driven by regional supply shortages and intense competition for sawmill residuals from energy producers. As a result, we recognized a non-cash impairment of $29.0 million primarily against pulp and fiber inventory.

You can review the remainder of the results in greater detail here.