Ranpak (PACK) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Ranpak Revenue Highlights


Latest Revenue (Y)

$332.70M

Latest Revenue (Q)

$83.60M

Main Segment (Y)

Paper

Main Geography (Y)

Europe And Asia Segment

Ranpak Revenue by Period


Ranpak Revenue by Year

DateRevenueChange
2025-12-31$332.70M-9.81%
2024-12-31$368.90M9.69%
2023-12-31$336.30M3.00%
2022-12-31$326.50M-14.95%
2021-12-31$383.90M28.74%
2020-12-31$298.20M10.65%
2019-12-31$269.50M0.60%
2018-12-31$267.90M9.75%
2017-12-31$244.10M-

Ranpak generated $332.70M in revenue during NA 2025, up -9.81% compared to the previous quarter, and up 111.57% compared to the same period a year ago.

Ranpak Revenue by Quarter

DateRevenueChange
2025-09-30$83.60M-9.43%
2025-06-30$92.30M1.21%
2025-03-31$91.20M-13.14%
2024-12-31$105.00M13.88%
2024-09-30$92.20M6.71%
2024-06-30$86.40M1.29%
2024-03-31$85.30M-5.64%
2023-12-31$90.40M9.18%
2023-09-30$82.80M1.10%
2023-06-30$81.90M0.86%
2023-03-31$81.20M2.27%
2022-12-31$79.40M2.06%
2022-09-30$77.80M-10.37%
2022-06-30$86.80M5.21%
2022-03-31$82.50M-24.38%
2021-12-31$109.10M12.36%
2021-09-30$97.10M7.89%
2021-06-30$90.00M2.62%
2021-03-31$87.70M-4.57%
2020-12-31$91.90M19.66%
2020-09-30$76.80M16.19%
2020-06-30$66.10M4.26%
2020-03-31$63.40M-18.40%
2019-12-31$77.70M12.45%
2019-09-30$69.10M22.08%
2019-06-30$56.60M-14.37%
2019-03-31$66.10M-13.03%
2018-12-31$76.00M16.74%
2018-09-30$65.10M-0.15%
2018-06-30$65.20M5.84%
2018-03-31$61.60M100.00%
2017-12-31-100.00%
2017-09-30--

Ranpak generated $83.60M in revenue during Q3 2025, up -9.43% compared to the previous quarter, and up 96.76% compared to the same period a year ago.

Ranpak Revenue Breakdown


Ranpak Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Paper$264.20M$261.30M$321.40M$250.70M
Product and Service, Other$20.60M$15.10M$14.80M-
Machine Lease$51.50M$50.10M$47.70M-
Product And Service Other---$7.90M

Ranpak's latest annual revenue breakdown by segment (product or service), as of Dec 23: Paper (78.56%), Machine Lease (15.31%), and Product and Service, Other (6.13%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Paper$71.30M$67.50M$66.20M$71.80M$64.80M$63.30M$64.30M$62.30M$62.60M$70.20M$66.20M$91.90M$81.20M$73.50M$74.80M$79.50M$64.90M$52.90M$53.40M$136.50M
Product and Service, Other$7.30M$5.30M$6.30M$5.80M$4.80M$5.90M$4.10M$3.40M$3.50M$4.10M$4.10M$4.50M$3.80M$1.50M$4.10M-----
Machine Lease--$12.80M$12.80M$13.20M$12.70M$12.80M$13.70M$11.70M$12.50M$12.20M---------
Product And Service Other------------$4.10M$4.10M$2.10M$1.10M$1.50M---

Ranpak's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Paper (90.71%), and Product and Service, Other (9.29%).

Ranpak Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24Dec 23Dec 22Dec 21
North America Segment$186.00M$163.20M$137.30M$134.70M$146.90M
Europe And Asia Segment$209.00M$205.70M$199.00M$191.80M$237.00M

Ranpak's latest annual revenue breakdown by geography, as of Dec 25: Europe And Asia Segment (52.91%), and North America Segment (47.09%).

Quarterly Revenue by Country

CountryDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
North America Segment$56.40M$44.70M$42.30M$42.60M$131.30M$31.90M$39.10M$34.90M$32.20M$31.10M$36.10M$33.40M$34.30M$30.90M$45.80M$37.30M$35.70M---
Europe And Asia Segment$55.50M$54.90M$50.00M$48.60M$152.30M$53.40M$51.30M$47.90M$49.70M$50.10M$43.30M$44.40M$52.50M$51.60M$63.30M$59.80M$54.30M---
Europe Asia-----$44.60M$41.70M$53.30M------------
North America-----$34.00M$31.10M$23.60M------------

Ranpak's latest quarterly revenue breakdown by geography, as of Dec 25: North America Segment (50.40%), and Europe And Asia Segment (49.60%).

Ranpak Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ZKHZKH Group$8.72B$1.86B
MNROMonro$1.28B$293.39M
MLRMiller Industries$790.27M$178.67M
HLLYHolley$602.22M$138.37M
JOUTJohnson Outdoors$592.85M$140.94M
KRTKarat Packaging$422.63M$124.52M
PACKRanpak$332.70M$83.60M
NATHNathan's Famous$148.18M$34.31M
KFSKingsway Financial Services$135.00M$30.92M
HYLNHyliion$3.48M$759.00K

PACK Revenue FAQ


What is Ranpak’s yearly revenue?

Ranpak's yearly revenue for 2025 was $332.7M, representing a decrease of -9.81% compared to 2024. The company's yearly revenue for 2024 was $368.9M, representing an increase of 9.69% compared to 2023. PACK's yearly revenue for 2023 was $336.3M, representing an increase of 3.00% compared to 2022.

What is Ranpak’s quarterly revenue?

Ranpak's quarterly revenue for Q3 2025 was $83.6M, a -9.43% decrease from the previous quarter (Q2 2025), and a -9.33% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $92.3M, a 1.21% increase from the previous quarter (Q1 2025), and a 6.83% increase year-over-year (Q2 2024). PACK's quarterly revenue for Q1 2025 was $91.2M, a -13.14% decrease from the previous quarter (Q4 2024), and a 6.92% increase year-over-year (Q1 2024).

What is Ranpak’s revenue growth rate?

Ranpak's revenue growth rate for the last 3 years (2023-2025) was -1.07%, and for the last 5 years (2021-2025) was -13.34%.

What are Ranpak’s revenue streams?

Ranpak's revenue streams in c 23 are Paper, Product and Service, Other, and Machine Lease. Paper generated $264.2M in revenue, accounting 78.56% of the company's total revenue, up 1.11% year-over-year. Product and Service, Other generated $20.6M in revenue, accounting 6.13% of the company's total revenue, up 36.42% year-over-year. Machine Lease generated $51.5M in revenue, accounting 15.31% of the company's total revenue, up 2.79% year-over-year.

What is Ranpak’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Ranpak was Paper. This segment made a revenue of $264.2M, representing 78.56% of the company's total revenue.