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MERC

Mercer International·NASDAQ
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MERC fundamentals

Mercer International (MERC) released its earnings on Feb 12, 2026: revenue was 449.50M (YoY -7.96%), missed estimates; EPS was -4.61 (YoY -1944.00%), missed estimates.
Revenue / YoY
449.50M
-7.96%
EPS / YoY
-4.61
-1944.00%
Report date
Feb 12, 2026
MERC Earnings Call Summary for Q4,2025
  • Q4 Financial Strain: EBITDA loss of $20 million, driven by $239 million in non-cash impairments, but liquidity improved to $430 million.
  • Cost Reduction Progress: One Goal One Hundred program delivered $30 million in savings in 2025, on track for $100 million by 2026.
  • Mass Timber Growth: 2026 revenue target of $120 million+ with order backlog doubling to $163 million.
  • Peace River Transformation: Shifting to 50/50 softwood/hardwood mix by year-end, with carbon capture pilot showing promise.
  • Market Risks: Fiber costs expected to rise $150 million+ in 2026; Europe lumber demand constrained by economic stagnation.
EPS
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
-0.05-0.130.11-0.20.090.321.041.121.341.0710.3-0.46-1.48-0.39-1.31-0.25-1.01-0.260.25-0.33-1.29-1.21-4.61
Forecast
-0.1213-0.0827-0.078-0.0620.31910.47120.85780.86051.03680.98610.87330.47960.0581-0.8522-0.7619-0.4685-0.1127-0.4183-0.29230.0964-0.1801-0.9567-0.9419-0.87
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+58.78%
-57.19%
+241.03%
-222.58%
-71.80%
-32.09%
+21.24%
+30.16%
+29.24%
+8.51%
+14.51%
-37.45%
-891.74%
-73.67%
+48.81%
-179.62%
-121.83%
-141.45%
+11.05%
+159.34%
-83.23%
-34.84%
-28.46%
-429.89%
Revenue
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
----------------350.60M341.19M333.15M398.19M412.72M401.83M469.75M518.96M592.74M572.33M532.81M583.06M522.67M529.86M470.82M470.49M553.43M499.38M502.14M488.40M506.97M453.52M458.07M449.50M
Forecast
----------------386.74M367.46M346.56M381.28M430.72M424.01M485.09M516.06M539.07M543.97M489.26M520.68M537.13M435.77M457.50M508.46M508.00M482.35M485.84M497.00M505.47M476.68M459.74M456.50M
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-9.34%
-7.15%
-3.87%
+4.44%
-4.18%
-5.23%
-3.16%
+0.56%
+9.96%
+5.21%
+8.90%
+11.98%
-2.69%
+21.59%
+2.91%
-7.47%
+8.94%
+3.53%
+3.35%
-1.73%
+0.30%
-4.86%
-0.36%
-1.53%

Earnings Call