)
Edge6 Mar 2026
Upvoted: The Story of Reddit
How Reddit built a unique platform around communities and conversation, turning human insight and intent into a distinctive business model.
Rayonier Advanced Materials
Rayonier Advanced Materials (RYAM) investor relations material
Rayonier Advanced Materials Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary4 Mar, 2026
Executive summary
Leadership transition and new CEO emphasized, with a renewed focus on execution, operational improvement, and disciplined capital spending.
2025 revenue was $1.5 billion, down year-over-year, with Adjusted EBITDA of $133 million and negative free cash flow of $88 million.
Operating income for 2025 was $4 million, a decrease of $35 million from 2024; Q4 operating income was $11 million, flat year-over-year.
Strategic priorities for 2026 include delivering positive free cash flow, EBITDA growth, and leadership in Cellulose Specialties.
No plans to divest or close any business segments; all are targeted for improvement.
Financial highlights
Adjusted Free Cash Flow for 2025 was negative $88 million, compared to positive $95 million in 2024.
Cellulose Specialties contributed $862 million in net sales and $228 million in Adjusted EBITDA for 2025, with a 28% EBITDA margin in Q4.
Paperboard net sales were $179 million with Adjusted EBITDA of $14 million for 2025; new products and improved plant performance drove sequential Q4 gains.
High-Yield Pulp net sales were $112 million with Adjusted EBITDA of negative $27 million for 2025; oversupply persists but new products are under customer testing.
Year-end Adjusted Net Debt was $745 million; Net Secured Debt was $715 million; total liquidity was $157 million.
Outlook and guidance
2026 focus is on delivering positive free cash flow, substantial EBITDA improvement, and value-based pricing in Cellulose Specialties.
Path to positive free cash flow in 2026 includes CapEx reduction, fixed cost savings, and new product commercialization.
2026 modeling assumptions: CapEx $80 million, cash interest expense $85 million, environmental expenditure $5 million, cash taxes $3–5 million, stock compensation $8–10 million.
Early 2026 volumes expected to be pressured as customers adjust ordering and inventory.
Ongoing updates to forward plans, with more details to be shared in future earnings calls.
Impact of Cellulose Specialties pricing actions on early 2026 volumes
Biomaterials margin pressure despite sales growth
CapEx reduction plan for 2026
CS pricing strategy for remaining 15% volume
Optimize asset use across all product groups
Tartas plant's role in Biomaterials growth
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Next Rayonier Advanced Materials earnings date
Q1 20266 May, 2026
Rayonier Advanced Materials
Next Rayonier Advanced Materials earnings date
Q1 20266 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Rayonier Advanced Materials Inc manufactures cellulose-based products for use in industries such as textiles, pharmaceuticals, and food. The company produces high-purity cellulose, paperboard, and pulp, serving customers across global markets. It also owns timberland in the southeastern United States. The company is headquartered in Jacksonville, Florida, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage