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Eastman Kodak (KODK) Financials

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$10.91 -0.50 (-4.39%)
As of 02:52 PM Eastern
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Annual Income Statements for Eastman Kodak

Annual Income Statements for Eastman Kodak

This table shows Eastman Kodak's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-80 15 94 -16 116 -541 24 26 75 102 -128
Consolidated Net Income / (Loss)
-75 16 94 -16 116 -541 24 26 75 102 -128
Net Income / (Loss) Continuing Operations
-67 18 93 -9.00 -91 -544 24 26 75 102 -128
Total Pre-Tax Income
-35 51 -26 -13 -60 -376 28 31 87 110 -112
Total Operating Income
54 113 -207 -118 -102 -74 -46 -26 4.00 -7.00 0.00
Total Gross Profit
381 403 211 180 182 135 164 170 210 203 232
Total Revenue
1,803 1,643 1,386 1,320 1,242 1,029 1,150 1,205 1,117 1,043 1,069
Operating Revenue
1,803 1,643 1,386 1,320 1,242 1,029 1,150 1,205 1,117 1,043 1,069
Total Cost of Revenue
1,422 1,240 1,175 1,140 1,060 894 986 1,035 907 840 837
Operating Cost of Revenue
1,422 1,240 1,175 1,140 1,060 894 986 1,035 907 840 837
Total Operating Expenses
327 290 418 298 284 209 210 196 206 210 232
Selling, General & Admin Expense
226 198 239 224 211 172 177 153 159 179 174
Research & Development Expense
61 60 64 48 42 34 33 34 34 33 33
Other Operating Expenses / (Income)
-6.00 16 28 9.00 15 -14 -6.00 -1.00 6.00 -10 4.00
Restructuring Charge
38 16 31 17 16 17 6.00 10 7.00 8.00 21
Total Other Income / (Expense), net
-89 -62 181 105 42 -302 74 57 83 117 -112
Interest Expense
63 64 8.00 9.00 16 14 33 40 79 59 69
Other Income / (Expense), net
-26 2.00 189 114 58 -288 107 97 162 176 -43
Income Tax Expense
32 33 -120 -4.00 31 168 4.00 5.00 12 8.00 16
Basic Earnings per Share
($1.91) $0.28 $1.76 ($0.84) $2.23 ($9.77) $0.28 $0.16 $0.71 $0.97 ($1.78)
Weighted Average Basic Shares Outstanding
41.90M 42.20M 42.50M 42.70M 43M 57.40M 78.40M 78.90M 79.40M 80.10M 87M
Diluted Earnings per Share
($1.91) $0.28 $1.76 ($0.84) $2.23 ($9.77) $0.27 $0.16 $0.67 $0.90 ($1.78)
Weighted Average Diluted Shares Outstanding
41.90M 42.50M 42.70M 42.70M 43M 57.40M 80.50M 80.60M 90.50M 92.30M 87M
Weighted Average Basic & Diluted Shares Outstanding
41.90M 42.43M 42.64M 42.70M 43M 57.40M 78.74M 79.14M 79.90M 80.60M 97.50M

Quarterly Income Statements for Eastman Kodak

This table shows Eastman Kodak's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
2.00 5.00 32 26 18 26 -7.00 -26 13 -108 -16
Consolidated Net Income / (Loss)
2.00 5.00 32 26 18 26 -7.00 -26 13 -108 -16
Net Income / (Loss) Continuing Operations
2.00 5.00 32 26 18 26 -7.00 -26 13 -108 -16
Total Pre-Tax Income
0.00 9.00 35 27 21 27 -5.00 -24 16 -99 -13
Total Operating Income
2.00 -13 7.00 2.00 -8.00 -8.00 -13 -5.00 19 -1.00 -1.00
Total Gross Profit
50 47 49 58 45 51 46 51 68 67 57
Total Revenue
269 275 249 267 261 266 247 263 269 290 265
Operating Revenue
269 275 249 267 261 266 247 263 269 290 265
Total Cost of Revenue
219 228 200 209 216 215 201 212 201 223 208
Operating Cost of Revenue
219 228 200 209 216 215 201 212 201 223 208
Total Operating Expenses
48 60 42 56 53 59 59 56 49 68 58
Selling, General & Admin Expense
40 45 45 47 44 43 45 41 41 47 48
Research & Development Expense
7.00 9.00 9.00 8.00 8.00 8.00 9.00 9.00 7.00 8.00 8.00
Other Operating Expenses / (Income)
0.00 6.00 -17 1.00 0.00 6.00 0.00 0.00 0.00 4.00 2.00
Restructuring Charge
1.00 - 5.00 0.00 1.00 2.00 5.00 6.00 1.00 9.00 0.00
Total Other Income / (Expense), net
-2.00 22 28 25 29 35 8.00 -19 -3.00 -98 -12
Interest Expense
41 16 15 15 14 15 14 15 18 22 7.00
Other Income / (Expense), net
39 38 43 40 43 50 22 -4.00 15 -76 -5.00
Income Tax Expense
-2.00 4.00 3.00 1.00 3.00 1.00 2.00 2.00 3.00 9.00 3.00
Basic Earnings per Share
$0.00 $0.03 $0.31 $0.25 $0.16 $0.25 ($0.12) ($0.36) ($0.08) ($1.22) ($0.21)
Weighted Average Basic Shares Outstanding
79.50M 79.40M 79.70M 80.10M 80.30M 80.10M 80.60M 80.90M 89.80M 87M 97.50M
Diluted Earnings per Share
$0.00 $0.05 $0.30 $0.23 $0.15 $0.22 ($0.12) ($0.36) ($0.08) ($1.22) ($0.21)
Weighted Average Diluted Shares Outstanding
79.50M 90.50M 91.30M 92.40M 92.70M 92.30M 80.60M 80.90M 89.80M 87M 97.50M
Weighted Average Basic & Diluted Shares Outstanding
79.55M 79.90M 80.10M 80.30M 80.40M 80.60M 80.80M 81M 96.40M 97.50M 97.60M

Annual Cash Flow Statements for Eastman Kodak

This table details how cash moves in and out of Eastman Kodak's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-158 -122 -109 -102 23 -34 167 -137 91 -76 141
Net Cash From Operating Activities
-95 -15 -67 -62 12 -35 -47 -116 38 -7.00 480
Net Cash From Continuing Operating Activities
-95 -15 -67 -62 12 -35 -47 -116 38 -7.00 480
Net Income / (Loss) Continuing Operations
-75 16 94 -16 116 -541 24 26 75 102 -128
Consolidated Net Income / (Loss)
-75 16 94 -16 116 -541 24 26 75 102 -128
Depreciation Expense
145 105 80 73 55 37 31 29 30 28 29
Non-Cash Adjustments To Reconcile Net Income
-118 -124 -64 -142 -234 293 -115 -89 -67 -187 569
Changes in Operating Assets and Liabilities, net
-47 -12 -177 23 75 176 13 -82 0.00 50 10
Net Cash From Investing Activities
-41 -29 -24 -22 311 -13 -20 -56 -32 -39 -29
Net Cash From Continuing Investing Activities
-41 -29 -24 -22 311 -13 -20 -56 -32 -39 -29
Purchase of Property, Plant & Equipment
-43 -41 -38 -33 -15 -17 -21 -31 -32 -56 -34
Purchase of Investments
- - - - - 0.00 0.00 -25 0.00 0.00 0.00
Divestitures
2.00 13 13 11 326 2.00 1.00 0.00 0.00 17 5.00
Net Cash From Financing Activities
-1.00 -72 -29 -11 -298 10 238 43 85 -23 -314
Net Cash From Continuing Financing Activities
-1.00 -72 -29 -11 -296 10 238 43 85 -23 -314
Repayment of Debt
-4.00 -282 -11 -3.00 -395 0.00 -2.00 0.00 -345 -17 -306
Repurchase of Common Equity
-1.00 -3.00 -1.00 - - 0.00 -1.00 -1.00 0.00 -1.00 -7.00
Payment of Dividends
-1.00 15 -10 -8.00 -3.00 -22 -7.00 -4.00 -4.00 -4.00 -2.00
Issuance of Debt
5.00 - - - 112 0.00 240 49 435 0.00 0.00
Other Financing Activities, net
- 0.00 -7.00 - -10 32 -1.00 -1.00 -1.00 -1.00 1.00
Other Net Changes in Cash
-21 -6.00 11 -7.00 -2.00 4.00 -4.00 -8.00 0.00 -7.00 4.00
Cash Interest Paid
60 58 31 28 21 8.00 14 23 26 31 20
Cash Income Taxes Paid
12 24 18 -9.00 17 8.00 2.00 6.00 9.00 13 11

Quarterly Cash Flow Statements for Eastman Kodak

This table details how cash moves in and out of Eastman Kodak's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
82 3.00 3.00 -20 -38 -21 -45 -3.00 18 171 -43
Net Cash From Operating Activities
- 17 17 -7.00 -21 4.00 -38 8.00 21 489 -30
Net Cash From Continuing Operating Activities
- 17 17 -7.00 -21 4.00 -38 8.00 21 489 -30
Net Income / (Loss) Continuing Operations
2.00 5.00 32 26 18 26 -7.00 -26 13 -108 -16
Consolidated Net Income / (Loss)
2.00 5.00 32 26 18 26 -7.00 -26 13 -108 -16
Depreciation Expense
7.00 7.00 7.00 6.00 8.00 7.00 7.00 7.00 7.00 8.00 7.00
Non-Cash Adjustments To Reconcile Net Income
11 -29 -51 -58 -13 -42 -15 29 5.00 550 17
Changes in Operating Assets and Liabilities, net
-20 34 29 19 -34 13 -23 -2.00 -4.00 39 -38
Net Cash From Investing Activities
-4.00 -17 7.00 -9.00 -20 -17 -7.00 -12 -4.00 -6.00 42
Net Cash From Continuing Investing Activities
-4.00 -17 7.00 -9.00 -20 -17 -7.00 -12 -4.00 -6.00 42
Purchase of Property, Plant & Equipment
-4.00 -17 -10 -9.00 -20 -17 -12 -12 -4.00 -6.00 -6.00
Divestitures
- - 17 - - - 5.00 - - - 0.00
Sale and/or Maturity of Investments
- - - - - - 0.00 - - - 48
Net Cash From Financing Activities
89 -2.00 -18 -2.00 -1.00 -2.00 -2.00 -2.00 1.00 -311 -54
Net Cash From Continuing Financing Activities
89 -2.00 -18 -2.00 -1.00 -2.00 -2.00 -2.00 1.00 -311 -54
Repayment of Debt
-345 - -17 - - - 0.00 - - -306 -51
Repurchase of Common Equity
- - 0.00 - - - -1.00 -1.00 - -5.00 0.00
Payment of Dividends
-1.00 -1.00 -1.00 -1.00 -1.00 -1.00 -1.00 -1.00 - - -3.00
Other Net Changes in Cash
-3.00 5.00 -3.00 - - - 2.00 3.00 - -1.00 -1.00

Annual Balance Sheets for Eastman Kodak

This table presents Eastman Kodak's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
2,138 1,776 1,707 1,510 1,415 1,248 2,171 2,285 2,355 2,001 1,617
Total Current Assets
1,278 1,039 958 910 706 627 807 681 712 595 841
Cash & Equivalents
546 434 343 233 233 196 362 217 255 201 337
Accounts Receivable
350 277 253 232 208 177 175 177 195 138 145
Inventories, net
263 271 246 231 215 206 219 237 217 219 218
Other Current Assets
25 57 54 39 36 46 49 48 45 37 141
Plant, Property, & Equipment, net
394 342 294 216 181 152 140 154 169 189 191
Total Noncurrent Assets
466 395 455 384 528 469 1,224 1,450 1,474 1,217 585
Goodwill
88 88 12 12 12 12 12 12 12 12 12
Intangible Assets
119 121 84 58 47 39 34 28 24 20 17
Employee Benefit Assets
- - - - - 262 1,022 1,233 1,216 989 302
Other Noncurrent Operating Assets
122 115 113 143 277 103 102 115 112 104 158
Other Noncurrent Nonoperating Assets
114 36 59 11 45 53 54 62 110 92 96
Total Liabilities & Shareholders' Equity
2,138 1,776 1,707 1,510 1,415 1,248 2,171 2,285 2,355 2,001 1,617
Total Liabilities
2,035 1,693 1,486 1,340 1,134 980 1,194 1,041 1,214 1,142 904
Total Current Liabilities
459 417 419 778 368 296 309 293 283 261 268
Short-Term Debt
6.00 6.00 4.00 396 2.00 2.00 1.00 16 14 1.00 12
Accounts Payable
186 200 183 130 153 118 153 134 125 120 101
Other Current Liabilities
- - - - 12 12 155 143 144 140 155
Total Noncurrent Liabilities
1,576 1,276 1,067 562 766 684 885 748 931 881 636
Long-Term Debt
679 405 399 5.00 109 17 253 316 457 466 208
Noncurrent Employee Benefit Liabilities
619 603 462 379 378 406 382 230 237 197 191
Other Noncurrent Operating Liabilities
271 268 202 178 279 261 250 202 237 218 237
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
- 156 164 173 182 191 196 203 210 218 99
Total Equity & Noncontrolling Interests
103 -73 57 -3.00 99 77 781 1,041 931 641 614
Total Preferred & Common Equity
78 -73 57 -3.00 99 77 781 1,041 931 641 614
Total Common Equity
78 -73 57 -3.00 99 77 781 1,041 931 641 614
Common Stock
633 641 631 617 604 1,152 1,166 1,160 1,156 1,150 1,279
Retained Earnings
-283 -268 -174 -200 -79 -620 -596 -570 -495 -393 -521
Treasury Stock
-5.00 -8.00 -9.00 -9.00 -9.00 -9.00 -10 -11 -11 -12 -26
Accumulated Other Comprehensive Income / (Loss)
-267 -438 -391 -411 -417 -446 221 462 281 -104 -118

Quarterly Balance Sheets for Eastman Kodak

This table presents Eastman Kodak's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
2,259 2,322 2,221 2,357 2,347 2,359 2,388 1,937 1,933 2,075 1,557
Total Current Assets
699 687 672 712 677 660 642 577 574 592 793
Cash & Equivalents
216 225 223 246 262 251 214 158 155 168 299
Accounts Receivable
164 167 161 191 139 139 143 149 149 146 135
Inventories, net
273 251 252 239 230 232 241 236 238 236 255
Other Current Assets
44 42 36 34 46 38 44 34 32 42 104
Plant, Property, & Equipment, net
147 153 155 161 171 177 190 198 199 198 195
Total Noncurrent Assets
1,413 1,482 1,394 1,484 1,499 1,522 1,556 1,162 1,160 1,285 569
Goodwill
12 12 12 12 12 12 12 12 12 12 12
Intangible Assets
30 27 26 25 23 22 21 19 18 17 17
Employee Benefit Assets
1,198 1,266 1,179 1,212 1,247 1,279 1,313 937 939 1,054 303
Other Noncurrent Operating Assets
116 115 115 116 111 109 110 105 101 107 145
Other Noncurrent Nonoperating Assets
57 62 62 119 106 100 100 89 90 95 92
Total Liabilities & Shareholders' Equity
2,259 2,322 2,221 2,357 2,347 2,359 2,388 1,937 1,933 2,075 1,557
Total Liabilities
1,157 1,049 1,047 1,190 1,184 1,184 1,190 1,154 1,183 1,214 885
Total Current Liabilities
297 295 292 271 274 278 266 261 729 749 314
Short-Term Debt
1.00 1.00 15 1.00 1.00 1.00 1.00 2.00 479 497 52
Accounts Payable
147 139 129 124 129 128 128 129 111 103 111
Other Current Liabilities
149 155 148 144 144 149 137 130 139 149 151
Total Noncurrent Liabilities
860 754 755 919 910 906 924 893 454 465 571
Long-Term Debt
312 320 324 451 447 453 460 473 11 10 108
Noncurrent Employee Benefit Liabilities
336 232 231 225 229 224 232 198 213 216 187
Other Noncurrent Operating Liabilities
212 202 200 243 234 229 232 222 230 239 276
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
201 205 207 208 212 214 216 220 222 99 72
Total Equity & Noncontrolling Interests
901 1,068 967 959 951 961 982 563 528 762 600
Total Preferred & Common Equity
901 1,068 967 959 951 961 982 563 528 762 600
Total Common Equity
901 1,068 967 959 951 961 982 563 528 762 600
Common Stock
1,162 1,161 1,159 1,158 1,156 1,154 1,152 1,149 1,147 1,272 1,281
Retained Earnings
-577 -537 -502 -500 -463 -437 -419 -400 -426 -413 -537
Treasury Stock
-11 -11 -11 -11 -11 -12 -12 -13 -14 -14 -27
Accumulated Other Comprehensive Income / (Loss)
327 455 321 312 269 256 261 -173 -179 -83 -117

Annual Metrics And Ratios for Eastman Kodak

This table displays calculated financial ratios and metrics derived from Eastman Kodak's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
41,673,710.00 42,359,022.00 42,571,360.00 42,726,652.00 43,223,181.00 77,163,326.00 78,652,200.00 - - - 96,400,000.00
DEI Adjusted Shares Outstanding
41,673,710.00 42,359,022.00 42,571,360.00 42,726,652.00 43,223,181.00 77,163,326.00 78,652,200.00 - - - 96,400,000.00
DEI Earnings Per Adjusted Shares Outstanding
-1.92 0.35 2.21 -0.37 2.68 -7.01 0.31 - - - -1.33
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
38 40 -145 -83 -71 -52 -39 -22 3.45 -6.49 0.00
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - -1.59% 0.25% -0.59% 0.00%
Earnings before Interest and Taxes (EBIT)
28 115 -18 -4.00 -44 -362 61 71 166 169 -43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
173 220 62 69 11 -325 92 100 196 197 -14
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
176 101 -306 -93 24 12 -816 -504 51 208 544
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
85 24 185 195 100 36 813 1,295 1,247 1,033 489
Increase / (Decrease) in Invested Capital
-138 -61 161 10 -95 -64 777 482 -48 -214 -544
Book Value per Share
$1.86 ($1.72) $1.34 ($0.07) $2.29 $1.00 $9.93 $13.16 $11.70 $7.97 $6.37
Tangible Book Value per Share
($3.08) ($6.66) ($0.92) ($1.71) $0.93 $0.34 $9.34 $12.65 $11.25 $7.57 $6.07
Total Capital
788 494 624 571 392 287 1,231 1,576 1,612 1,326 922
Total Debt
685 411 403 401 111 19 254 332 471 467 209
Total Long-Term Debt
679 405 399 5.00 109 17 253 316 457 466 208
Net Debt
139 -23 60 160 -134 -177 -108 115 216 266 -128
Capital Expenditures (CapEx)
43 41 38 33 15 17 21 31 32 56 34
Debt-free, Cash-free Net Working Capital (DFCFNWC)
279 194 200 287 95 137 137 187 188 134 237
Debt-free Net Working Capital (DFNWC)
825 628 543 528 340 333 499 404 443 335 574
Net Working Capital (NWC)
819 622 539 132 338 331 498 388 429 334 573
Net Nonoperating Expense (NNE)
113 24 -239 -67 -187 489 -63 -48 -72 -108 128
Net Nonoperating Obligations (NNO)
-18 -59 -36 25 -181 -232 -164 51 106 174 -224
Total Depreciation and Amortization (D&A)
145 105 80 73 55 37 31 29 30 28 29
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.28 $1.76 ($0.84) $2.23 ($9.77) $0.28 $0.16 $0.71 $0.97 ($1.78)
Adjusted Weighted Average Basic Shares Outstanding
42.08M 42.20M 42.50M 42.70M 43.58M 78.50M 78.40M 78.90M 79.40M 80.10M 87M
Adjusted Diluted Earnings per Share
($1.91) $0.28 $1.76 ($0.84) $2.23 ($9.77) $0.27 $0.16 $0.67 $0.90 ($1.78)
Adjusted Weighted Average Diluted Shares Outstanding
42.08M 42.50M 42.70M 42.70M 43.58M 78.50M 80.50M 80.60M 90.50M 92.30M 87M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.28 $1.76 ($0.84) $2.23 ($9.77) $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
41.90M 42.43M 42.64M 42.97M 43M 57.40M 78.74M 79.14M 79.90M 80.60M 97.50M
Normalized Net Operating Profit after Tax (NOPAT)
70 90 -84 -71 -60 -40 -34 -13 9.48 0.93 15
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for Eastman Kodak

This table displays calculated financial ratios and metrics derived from Eastman Kodak's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - 80,600,000.00 80,800,000.00 81,000,000.00 96,400,000.00 97,500,000.00
DEI Adjusted Shares Outstanding
- - - - - - 80,600,000.00 80,800,000.00 81,000,000.00 96,400,000.00 97,500,000.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - -0.09 -0.32 0.16 -1.12 -0.16
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-6.92% -9.84% -10.43% -9.49% -2.97% -3.27% -0.80% -1.50% 3.07% - 7.29%
EBITDA Growth
128.57% 14.29% -5.00% -14.29% -10.42% 53.13% -71.93% -104.17% -4.65% - -93.75%
EBIT Growth
215.38% 19.05% -3.85% -12.50% -14.63% 68.00% -82.00% -121.43% -2.86% - -166.67%
NOPAT Growth
130.00% -931.75% 59.03% -79.64% -589.80% -6.67% -242.19% -281.73% 325.13% - 92.31%
Net Income Growth
0.00% -28.57% -3.03% -25.71% 800.00% 420.00% -121.88% -200.00% -27.78% - -128.57%
EPS Growth
100.00% -16.67% 0.00% -28.13% 0.00% 340.00% -140.00% -256.52% -153.33% - -75.00%
Operating Cash Flow Growth
0.00% 21.43% 21.43% -200.00% 0.00% -76.47% -323.53% 214.29% 200.00% - 21.05%
Free Cash Flow Firm Growth
88.74% 108.45% 115.80% 69.48% 13.09% 405.90% 225.88% 681.39% 361.03% - 155.41%
Invested Capital Growth
10.00% -3.71% -4.75% 4.07% 7.26% -17.16% -18.66% -22.14% -17.84% - -56.38%
Revenue Q/Q Growth
-8.81% 2.23% -9.45% 7.23% -2.25% 1.92% -7.14% 6.48% 2.28% - -8.62%
EBITDA Q/Q Growth
-14.29% -33.33% 78.13% -15.79% -10.42% 13.95% -67.35% -112.50% 2,150.00% - 101.45%
EBIT Q/Q Growth
-14.58% -39.02% 100.00% -16.00% -16.67% 20.00% -78.57% -200.00% 477.78% - 92.21%
NOPAT Q/Q Growth
-85.20% -615.87% 188.62% -69.91% -456.04% -12.35% -18.13% 61.54% 541.07% - 0.00%
Net Income Q/Q Growth
-94.29% 150.00% 540.00% -18.75% -30.77% 44.44% -126.92% -271.43% 150.00% - 85.19%
EPS Q/Q Growth
-100.00% 0.00% 500.00% -23.33% -34.78% 46.67% -154.55% -200.00% 77.78% - 82.79%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% -141.18% -200.00% 119.05% -1,050.00% 121.05% 162.50% - -106.14%
Free Cash Flow Firm Q/Q Growth
28.53% 136.21% 67.74% -170.28% -103.55% 310.81% 8.05% 25.39% -8.61% - 6.95%
Invested Capital Q/Q Growth
2.12% -0.56% -0.32% 2.82% 5.24% -23.20% -2.13% -1.58% 11.06% - -11.80%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
18.59% 17.09% 19.68% 21.72% 17.24% 19.17% 18.62% 19.39% 25.28% - 21.51%
EBITDA Margin
17.84% 11.64% 22.89% 17.98% 16.48% 18.42% 6.48% -0.76% 15.24% - 0.38%
Operating Margin
0.74% -4.73% 2.81% 0.75% -3.07% -3.01% -5.26% -1.90% 7.06% - -0.38%
EBIT Margin
15.24% 9.09% 20.08% 15.73% 13.41% 15.79% 3.64% -3.42% 12.64% - -2.26%
Profit (Net Income) Margin
0.74% 1.82% 12.85% 9.74% 6.90% 9.77% -2.83% -9.89% 4.83% - -6.04%
Tax Burden Percent
0.00% 55.56% 91.43% 96.30% 85.71% 96.30% 140.00% 108.33% 81.25% - 123.08%
Interest Burden Percent
0.00% 36.00% 70.00% 64.29% 60.00% 64.29% -55.56% 266.67% 47.06% - 216.67%
Effective Tax Rate
0.00% 44.44% 8.57% 3.70% 14.29% 3.70% 0.00% 0.00% 18.75% - 0.00%
Return on Invested Capital (ROIC)
0.50% -2.31% 2.20% 0.61% -2.13% -2.65% -3.40% -1.21% 4.90% - -0.40%
ROIC Less NNEP Spread (ROIC-NNEP)
1.46% 13.26% 47.91% 31.28% 19.12% 21.42% -2.04% -14.15% 3.65% - 1,019.60%
Return on Net Nonoperating Assets (RNNOA)
0.08% 0.87% 2.20% 2.09% 1.89% 3.00% -0.32% -2.56% 0.69% - -2.10%
Return on Equity (ROE)
0.58% -1.44% 4.40% 2.70% -0.24% 0.35% -3.73% -3.77% 5.59% - -2.50%
Cash Return on Invested Capital (CROIC)
-8.35% 4.05% 5.30% -4.14% -7.82% 18.20% 18.43% 23.17% 19.35% - 79.67%
Operating Return on Assets (OROA)
7.57% 4.38% 9.36% 7.28% 5.95% 7.56% 1.77% -1.65% 5.92% - -1.41%
Return on Assets (ROA)
0.37% 0.88% 5.99% 4.51% 3.06% 4.68% -1.38% -4.78% 2.26% - -3.76%
Return on Common Equity (ROCE)
0.47% -1.19% 3.64% 2.22% -0.19% 0.27% -2.90% -2.92% 4.73% - -2.00%
Return on Equity Simple (ROE_SIMPLE)
8.03% 0.00% 7.78% 6.76% 8.25% 0.00% 11.19% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
1.40 -7.22 6.40 1.93 -6.86 -7.70 -9.10 -3.50 15 -0.70 -0.70
NOPAT Margin
0.52% -2.63% 2.57% 0.72% -2.63% -2.90% -3.68% -1.33% 5.74% - -0.26%
Net Nonoperating Expense Percent (NNEP)
-0.96% -15.57% -45.71% -30.67% -21.25% -24.07% -1.36% 12.93% 1.25% - -1,020.00%
Return On Investment Capital (ROIC_SIMPLE)
- -0.52% - - - -0.70% -0.88% -0.34% 1.22% -0.09% -0.09%
Cost of Revenue to Revenue
81.41% 82.91% 80.32% 78.28% 82.76% 80.83% 81.38% 80.61% 74.72% - 78.49%
SG&A Expenses to Revenue
14.87% 16.36% 18.07% 17.60% 16.86% 16.17% 18.22% 15.59% 15.24% - 18.11%
R&D to Revenue
2.60% 3.27% 3.61% 3.00% 3.07% 3.01% 3.64% 3.42% 2.60% - 3.02%
Operating Expenses to Revenue
17.84% 21.82% 16.87% 20.97% 20.31% 22.18% 23.89% 21.29% 18.22% - 21.89%
Earnings before Interest and Taxes (EBIT)
41 25 50 42 35 42 9.00 -9.00 34 -77 -6.00
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
48 32 57 48 43 49 16 -2.00 41 -69 1.00
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.35 0.33 0.42 0.45 0.39 0.82 0.90 0.86 0.68 - 1.47
Price to Tangible Book Value (P/TBV)
0.36 0.35 0.43 0.46 0.40 0.87 0.96 0.92 0.71 - 1.55
Price to Revenue (P/Rev)
0.29 0.28 0.36 0.41 0.36 0.51 0.49 0.44 0.50 - 0.81
Price to Earnings (P/E)
4.35 4.14 5.34 6.63 4.68 5.18 8.09 41.50 86.54 - 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings Yield
23.01% 24.17% 18.71% 15.08% 21.37% 19.31% 12.37% 2.41% 1.16% - 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.60 0.59 0.64 0.66 0.63 0.98 1.04 1.02 0.87 - 1.85
Enterprise Value to Revenue (EV/Rev)
0.65 0.66 0.73 0.80 0.80 0.97 1.01 0.98 0.92 - 0.75
Enterprise Value to EBITDA (EV/EBITDA)
3.90 3.76 4.11 4.58 4.68 5.14 6.71 9.56 9.20 - 0.00
Enterprise Value to EBIT (EV/EBIT)
4.62 4.44 4.84 5.37 5.54 5.99 8.17 13.16 12.59 - 0.00
Enterprise Value to NOPAT (EV/NOPAT)
53.47 213.51 144.76 0.00 0.00 0.00 0.00 0.00 0.00 - 97.07
Enterprise Value to Operating Cash Flow (EV/OCF)
21.39 19.38 19.35 31.41 140.34 0.00 0.00 0.00 0.00 - 1.67
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 14.31 11.76 0.00 0.00 4.88 5.04 3.85 4.04 - 1.41
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.39 0.41 0.39 0.39 0.38 0.54 0.61 0.65 0.59 - 0.24
Long-Term Debt to Equity
0.39 0.40 0.38 0.39 0.38 0.54 0.60 0.01 0.01 - 0.16
Financial Leverage
0.06 0.07 0.05 0.07 0.10 0.14 0.16 0.18 0.19 - 0.00
Leverage Ratio
2.03 1.95 1.92 1.95 2.01 2.18 2.20 2.23 2.17 - 2.40
Compound Leverage Factor
0.00 0.70 1.34 1.25 1.20 1.40 -1.22 5.95 1.02 - 5.20
Debt to Total Capital
27.92% 29.22% 27.81% 27.87% 27.79% 35.22% 37.76% 39.52% 37.06% - 19.23%
Short-Term Debt to Total Capital
0.06% 0.87% 0.06% 0.06% 0.06% 0.08% 0.16% 38.63% 36.33% - 6.25%
Long-Term Debt to Total Capital
27.86% 28.35% 27.75% 27.81% 27.73% 35.14% 37.60% 0.89% 0.73% - 12.98%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital
12.85% 13.03% 13.16% 13.14% 13.02% 16.44% 17.49% 17.90% 7.24% - 8.65%
Common Equity to Total Capital
59.23% 57.75% 59.03% 58.99% 59.19% 48.34% 44.75% 42.58% 55.70% - 72.12%
Debt to EBITDA
2.35 2.40 2.32 2.45 2.56 2.37 3.04 4.62 4.88 - -5.52
Net Debt to EBITDA
1.07 1.10 0.96 1.10 1.37 1.35 2.03 3.16 3.26 - 4.79
Long-Term Debt to EBITDA
2.35 2.33 2.32 2.45 2.56 2.37 3.03 0.10 0.10 - -3.72
Debt to NOPAT
32.29 136.59 81.73 -247.95 -43.63 -71.95 -19.55 -24.89 -169.00 - 19.05
Net Debt to NOPAT
14.71 62.64 33.93 -110.87 -23.38 -40.98 -13.05 -17.02 -113.00 - -16.55
Long-Term Debt to NOPAT
32.21 132.53 81.55 -247.41 -43.54 -71.79 -19.47 -0.56 -3.33 - 12.86
Altman Z-Score
0.64 0.59 0.66 0.66 0.62 0.79 0.72 0.35 0.44 - 1.17
Noncontrolling Interest Sharing Ratio
18.03% 17.32% 17.12% 17.92% 17.93% 21.40% 22.20% 22.65% 15.30% - 20.07%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.63 2.52 2.47 2.37 2.41 2.28 2.21 0.79 0.79 - 2.53
Quick Ratio
1.61 1.59 1.46 1.40 1.34 1.30 1.18 0.42 0.42 - 1.38
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-113 41 68 -48 -98 206 223 280 255 543 569
Operating Cash Flow to CapEx
0.00% 100.00% 170.00% -77.78% -105.00% 23.53% -316.67% 66.67% 525.00% - -500.00%
Free Cash Flow to Firm to Interest Expense
-2.75 2.55 4.56 -3.20 -6.99 13.75 15.92 18.63 14.19 - 81.33
Operating Cash Flow to Interest Expense
0.00 1.06 1.13 -0.47 -1.50 0.27 -2.71 0.53 1.17 - -4.29
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.47 -1.07 -2.93 -0.87 -3.57 -0.27 0.94 - -5.14
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.50 0.48 0.47 0.46 0.44 0.48 0.49 0.48 0.47 - 0.62
Accounts Receivable Turnover
6.46 6.01 7.11 7.07 6.30 6.26 7.23 7.20 7.23 - 7.65
Inventory Turnover
3.68 4.00 3.65 3.54 3.55 3.85 3.61 3.59 3.48 - 3.44
Fixed Asset Turnover
7.45 6.92 6.72 6.39 5.99 5.83 5.64 5.52 5.39 - 5.53
Accounts Payable Turnover
6.94 7.00 6.56 6.66 6.77 6.86 6.52 7.06 7.18 - 7.03
Days Sales Outstanding (DSO)
56.48 60.78 51.33 51.65 57.94 58.27 50.49 50.68 50.47 - 47.68
Days Inventory Outstanding (DIO)
99.30 91.35 99.87 103.19 102.70 94.73 101.12 101.63 105.01 - 106.17
Days Payable Outstanding (DPO)
52.56 52.11 55.64 54.79 53.92 53.23 55.99 51.68 50.85 - 51.90
Cash Conversion Cycle (CCC)
103.22 100.02 95.55 100.05 106.72 99.76 95.63 100.63 104.63 - 101.96
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,254 1,247 1,243 1,278 1,345 1,033 1,011 995 1,105 489 441
Invested Capital Turnover
0.96 0.88 0.85 0.85 0.81 0.91 0.92 0.91 0.85 - 1.50
Increase / (Decrease) in Invested Capital
114 -48 -62 50 91 -214 -232 -283 -240 -544 -570
Enterprise Value (EV)
749 736 794 848 842 1,012 1,046 1,014 957 - 815
Market Capitalization
335 310 396 431 379 528 509 457 519 - 882
Book Value per Share
$12.07 $11.70 $11.93 $12.00 $12.23 $7.97 $6.99 $6.53 $9.41 $6.37 $6.15
Tangible Book Value per Share
$11.60 $11.25 $11.49 $11.57 $11.82 $7.57 $6.60 $6.16 $9.05 $6.07 $5.86
Total Capital
1,619 1,612 1,611 1,629 1,659 1,326 1,258 1,240 1,368 922 832
Total Debt
452 471 448 454 461 467 475 490 507 209 160
Total Long-Term Debt
451 457 447 453 460 466 473 11 10 208 108
Net Debt
206 216 186 203 247 266 317 335 339 -128 -139
Capital Expenditures (CapEx)
4.00 17 10 9.00 20 17 12 12 4.00 6.00 6.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
196 188 142 132 163 134 160 169 172 237 232
Debt-free Net Working Capital (DFNWC)
442 443 404 383 377 335 318 324 340 574 531
Net Working Capital (NWC)
441 429 403 382 376 334 316 -155 -157 573 479
Net Nonoperating Expense (NNE)
-0.60 -12 -26 -24 -25 -34 -2.10 23 2.44 107 15
Net Nonoperating Obligations (NNO)
87 106 80 103 147 174 228 245 244 -224 -231
Total Depreciation and Amortization (D&A)
7.00 7.00 7.00 6.00 8.00 7.00 7.00 7.00 7.00 8.00 7.00
Debt-free, Cash-free Net Working Capital to Revenue
17.09% 16.83% 13.05% 12.45% 15.49% 12.85% 15.37% 16.30% 16.46% - 21.34%
Debt-free Net Working Capital to Revenue
38.54% 39.66% 37.13% 36.13% 35.84% 32.12% 30.55% 31.24% 32.54% - 48.85%
Net Working Capital to Revenue
38.45% 38.41% 37.04% 36.04% 35.74% 32.02% 30.36% -14.95% -15.02% - 44.07%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.03 $0.31 $0.25 $0.16 $0.25 ($0.12) ($0.36) ($0.08) ($1.22) ($0.21)
Adjusted Weighted Average Basic Shares Outstanding
79.50M 79.40M 79.70M 80.10M 80.30M 80.10M 80.60M 80.90M 89.80M 87M 97.50M
Adjusted Diluted Earnings per Share
$0.00 $0.05 $0.30 $0.23 $0.15 $0.22 ($0.12) ($0.36) ($0.08) ($1.22) ($0.21)
Adjusted Weighted Average Diluted Shares Outstanding
79.50M 90.50M 91.30M 92.40M 92.70M 92.30M 80.60M 80.90M 89.80M 87M 97.50M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
79.55M 79.90M 80.10M 80.30M 80.40M 80.60M 80.80M 81M 96.40M 97.50M 97.60M
Normalized Net Operating Profit after Tax (NOPAT)
2.10 -7.22 11 1.93 -6.00 -5.78 -5.60 0.70 16 5.60 -0.70
Normalized NOPAT Margin
0.78% -2.63% 4.41% 0.72% -2.30% -2.17% -2.27% 0.27% 6.04% - -0.26%
Pre Tax Income Margin
0.00% 3.27% 14.06% 10.11% 8.05% 10.15% -2.02% -9.13% 5.95% - -4.91%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
1.00 1.56 3.33 2.80 2.50 2.80 0.64 -0.60 1.89 - -0.86
NOPAT to Interest Expense
0.03 -0.45 0.43 0.13 -0.49 -0.51 -0.65 -0.23 0.86 - -0.10
EBIT Less CapEx to Interest Expense
0.90 0.50 2.67 2.20 1.07 1.67 -0.21 -1.40 1.67 - -1.71
NOPAT Less CapEx to Interest Expense
-0.06 -1.51 -0.24 -0.47 -1.92 -1.65 -1.51 -1.03 0.64 - -0.96
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
5.19% 5.33% 5.41% 6.15% 4.94% 3.92% 6.35% 36.36% 50.00% - -2.92%
Augmented Payout Ratio
5.19% 5.33% 5.41% 7.69% 6.17% 4.90% 9.52% 54.55% 83.33% - -7.30%

Financials Breakdown Chart

Key Financial Trends

Here are the top takeaways for Eastman Kodak (KODK) based on the latest quarterly financial data provided (covering 2023–2025 windows and focused on the Q1–Q4 2025 period). The bullets highlight how the company is performing across revenue, profitability, cash flow, liquidity, and leverage.

  • Q4 2025 Revenue reached $290 million, up from $269 million in Q3 2025.
  • Q4 2025 Gross Profit was $67 million, yielding an indicative gross margin of about 23% (better than several prior quarters).
  • Q4 2025 Net Cash From Continuing Operating Activities was $489 million, signaling strong cash generation despite a net loss on reported basis.
  • Q3 2025 Net Income From Continuing Operations was $13 million, showing profitability in that quarter before year-end adjustments.
  • Q3 2025 Net Cash From Continuing Operating Activities was $21 million, pointing to improving cash flow through 2025.
  • Long-Term Debt remained very low at about $10 million in Q3 2025, indicating a light fixed-financing burden.
  • Total Current Liabilities were around $749 million in Q3 2025, reflecting substantial near-term obligations but a manageable liability mix relative to assets.
  • Q4 2025 Net Income Attributable to Common Shareholders was -$108 million, marking a significant quarterly loss on a per-share basis.
  • Q4 2025 Total Other Income / (Expense), net was -$98 million, contributing to the weaker quarterly profitability.
  • Q4 2025 Net Cash From Financing Activities was -$311 million, indicating sizable cash outflows tied to financing activities.
05/11/26 02:16 PM ETAI Generated. May Contain Errors.

Eastman Kodak Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Eastman Kodak's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Eastman Kodak's net income were at -$128 million at the end of 2025, a 225.5% decrease from 2024, and a 70.7% increase since 2015. View Eastman Kodak's forecast to see where analysts expect Eastman Kodak to go next.

Eastman Kodak's total operating income in 2025 was $0.00, based on the following breakdown:
  • Total Gross Profit: $232 million
  • Total Operating Expenses: $232 million

Over the last 10 years, Eastman Kodak's total revenue changed from $1.80 billion in 2015 to $1.07 billion in 2025, a change of -40.7%.

Eastman Kodak's total liabilities were at $904 million at the end of 2025, a 20.8% decrease from 2024, and a 55.6% decrease since 2015.

In the past 10 years, Eastman Kodak's cash and equivalents has ranged from $196 million in 2020 to $546 million in 2015, and is currently $337 million as of their latest financial filing in 2025.

Over the last 10 years, Eastman Kodak's book value per share changed from 1.86 in 2015 to 6.37 in 2025, a change of 242.1%.



Financial statements for NYSE:KODK last updated on 5/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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