Key Highlights

  • Third-quarter 2026 Revenue rose 3% to USD 276 million, reported November 3, 2026, while Net Income climbed to USD 21 million from USD 13 million.
  • Diluted GAAP EPS reached USD 0.18, versus a loss of USD 0.08 in the same period of 2025, so growth math is unreliable off a negative base.
  • Gross Margin improved slightly to 26% from 25%, with Advanced Materials and Chemicals sales up 21% to USD 99 million and Print down 7% to USD 165 million.
  • A quote in published market data had the shares down 10.48% near USD 7.76, with no confirmed snapshot date, while the screen's one-year EPS change of 1628.92% remains unverified.

A Profit Swing Lands Alongside a Sharp Quote Drop

Eastman Kodak (NYSE:KODK) released third-quarter 2026 figures on November 3, 2026. Sales rose 3% to USD 276 million and net income reached USD 21 million, while diluted GAAP EPS of USD 0.18 replaced a USD 0.08 loss from a year before. Operational EBITDA, a non-GAAP gauge, rose to USD 31 million from USD 29 million. The published quote had the stock 10.48% lower near USD 7.76, but the reason has not been confirmed and the snapshot date is missing, so the link between the report and the quote remains uncertain.

Print Slides, Materials Climb and the Cash Position

Kodak operates in commercial printing and advanced materials, and the quarter shows its mix shifting. Sales in the Advanced Materials and Chemicals unit grew 21%, reaching USD 99 million, but Print declined 7% to USD 165 million. Overhead, measured as selling, general and administrative expense, climbed to USD 50 million from USD 41 million, chiefly on bigger Equity compensation and benefit accrual changes. Cash ended September 30, 2026 at USD 317 million, versus USD 290 million at June 30 and USD 337 million at December 31, 2025. Repayments of USD 101 million on term loans this year left Debt near USD 110 million, and management gave no guidance.

Why the 1628.92% EPS Figure Misleads

Kodak appears on aggressive small-cap screens, but the screened one-year EPS change of 1628.92% has not been verified and does not represent a usable growth rate. When per-share Earnings move from a loss to a profit, the ratio is built on a thin or negative base, so the result can look extreme or be undefined. The filing presents GAAP figures only, with no adjusted EPS. A further USD 93 million came in year to date from cashing out retirement plan reversion investments, and such flows are not operating profit. No verified market Capitalization figure is given here.

Where Things Stand

Eastman Kodak (NYSE:KODK) shares fell 10.48% on the screen even though the company earned USD 0.18 per diluted share, and no confirmed cause has been tied to the drop. The release shows revenue up 3%, Print down 7%, higher overhead and no guidance, which could have weighed on sentiment, though none of this has been linked to the move. Cash of USD 317 million and debt near USD 110 million look manageable on the numbers shown. Next markers are fourth-quarter results and any guidance the company eventually issues, plus whether the 21% growth in Advanced Materials and Chemicals holds.