Rayonier Advanced Materials Inc. filed its quarterly report on Form 10-Q for the period ended June 27, 2026 with the SEC on August 5, 2026, disclosing a net loss of $32.7 million for the second quarter and $114.2 million for the first half of the year, along with significant asset impairment and idling charges.

Key Highlights

  • Q2 2026 net sales: $376,142 thousand, up from $340,048 thousand in Q2 2025, according to the filing.
  • Q2 2026 net loss attributable to RYAM: $(32,846) thousand, or $(0.49) per basic and diluted share.
  • Six-month net loss attributable to RYAM: $(114,425) thousand, or $(1.71) per basic and diluted share, for the period ended June 27, 2026.
  • Temiscaming HPC permanent idling charges: $(40,883) thousand recorded in the first six months of 2026, with no comparable charge in the prior-year period.
  • Asset impairment charge: $(13,037) thousand recorded in Q2 2026, with no comparable charge in Q2 2025.
  • Total assets: $1,619,803 thousand as of June 27, 2026, down from $1,758,355 thousand at December 31, 2025.
  • Shares outstanding: 67,644,208 shares of common stock as of August 3, 2026.

Rayonier Advanced Materials Q2 2026: Sales Rise While Charges Weigh on Results

Rayonier Advanced Materials Inc. (NYSE: RYAM) reported net sales of $376,142 thousand for the three months ended June 27, 2026, compared with $340,048 thousand for the three months ended June 28, 2025, according to the filing. Despite the higher quarterly sales, the company reported an operating loss of $(6,343) thousand for Q2 2026, compared with an operating loss of $(1,339) thousand in the same quarter of 2025. Interest expense for the second quarter was $(24,714) thousand, and the loss from continuing operations before income tax was $(30,072) thousand.

For the six months ended June 27, 2026, net sales were $695,207 thousand, nearly flat compared with $696,015 thousand in the prior-year period. The six-month operating loss widened to $(71,658) thousand from $(16,432) thousand in the comparable 2025 period, driven in part by Temiscaming HPC permanent idling charges of $(40,883) thousand and an asset impairment charge of $(13,037) thousand, neither of which appeared in the prior-year period, the filing disclosed. Environmental remediation expense for the six-month period was $(3,106) thousand, compared with $(14,459) thousand in the same period of 2025.

On the balance sheet as of June 27, 2026, the company reported cash and cash equivalents of $57,009 thousand, down from $75,393 thousand at December 31, 2025. Inventory declined to $196,009 thousand from $237,969 thousand over the same period. Total current liabilities stood at $371,801 thousand. Property, plant and equipment, net of accumulated depreciation of $2,086,605 thousand, was $944,459 thousand at the end of the quarter. The company's income tax line reflected a benefit of $4,974 thousand for the six-month period, compared with an expense of $(333,610) thousand in the prior-year six-month period.

What Was Disclosed

Rayonier Advanced Materials filed its Form 10-Q for the quarter ended June 27, 2026, disclosing net sales, operating losses, significant idling and impairment charges, and balance sheet changes for both the second quarter and the first half of 2026.