Kodak closed 2025 with a strong fourth-quarter performance, reporting consolidated revenues of $290 million, up 9% year over year, alongside a 31% increase in gross profit and a 144% jump in operational EBITDA. Growth was driven by both its Print and Advanced Materials & Chemicals (AM&C) businesses, with AM&C revenues rising 25% in the quarter and print revenues increasing 4%, reflecting steady demand across core segments.
For the full year, Kodak delivered $1.069 billion in revenue, a 2% increase over 2024, while significantly improving profitability metrics. Operational EBITDA rose 138% to $62 million, supported by pricing discipline, operational efficiencies, and reduced structural costs. The company also strengthened its balance sheet, ending the year with $337 million in cash, up $136 million, alongside a $487 million improvement in operating cash flow.
Despite these gains, Kodak reported a GAAP net loss of $128 million for the year, primarily due to non-recurring impacts related to pension plan actions. CEO Jim Continenza emphasized that ongoing investments in product innovation, IT systems, and operational improvements are beginning to deliver results, positioning the company for sustainable growth as it moves into 2026 with a stronger financial and operational foundation.
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