KODK · Eastman Kodak Co - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · KODK

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.07B	$1.04B	$1.12B	$1.21B	$1.15B	$1.03B
Cost of Revenue	$837.00M	$840.00M	$907.00M	$1.03B	$986.00M	$894.00M
Gross Profit	$232.00M	$203.00M	$210.00M	$170.00M	$164.00M	$135.00M
R&D	$33.00M	$33.00M	$34.00M	$34.00M	$33.00M	$34.00M
SG&A	$174.00M	$179.00M	$159.00M	$153.00M	$177.00M	$172.00M
Total Operating Expenses	-	-	-	-	-	-
D&A	$29.00M	$28.00M	$30.00M	$29.00M	$31.00M	$37.00M
Operating Income	$0	($7.00M)	$4.00M	($26.00M)	($46.00M)	($74.00M)
Interest Expense	$62.00M	$59.00M	$52.00M	$40.00M	$33.00M	$12.00M
Income Tax	$16.00M	$8.00M	$12.00M	$5.00M	$4.00M	$168.00M
Net Income	($128.00M)	$102.00M	$75.00M	$26.00M	$24.00M	($541.00M)
EPS - Basic	($1.78)	$0.97	$0.71	$0.16	($9.77)	-
EPS - Diluted	($1.78)	$0.90	$0.67	$0.16	($9.77)	-

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$337.00M	$201.00M	$255.00M	$217.00M	$362.00M	$196.00M
Accounts Receivable	$145.00M	$138.00M	$195.00M	$177.00M	$175.00M	$177.00M
Inventory	$218.00M	$219.00M	$217.00M	$237.00M	$219.00M	$206.00M
Accounts Payable	$101.00M	$120.00M	$125.00M	$134.00M	$153.00M	$118.00M
Current Assets	$841.00M	$595.00M	$712.00M	$681.00M	$807.00M	$627.00M
Total Assets	$1.62B	$2.00B	$2.35B	$2.29B	$2.17B	$1.25B
Current Liabilities	$268.00M	$261.00M	$283.00M	$293.00M	$309.00M	$296.00M
Long-term Debt	$208.00M	$466.00M	$457.00M	$316.00M	$253.00M	$17.00M
Total Liabilities	$904.00M	$1.14B	$1.21B	$1.04B	$1.19B	$980.00M
Stockholders' Equity	$614.00M	$641.00M	$931.00M	$1.04B	$781.00M	$77.00M
Retained Earnings	($521.00M)	($393.00M)	($495.00M)	($570.00M)	($596.00M)	($620.00M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$480.00M	($7.00M)	$38.00M	($116.00M)	($47.00M)	($35.00M)
Investing Cash Flow	($29.00M)	($39.00M)	($32.00M)	($56.00M)	($20.00M)	($13.00M)
Financing Cash Flow	($314.00M)	($23.00M)	$85.00M	$43.00M	$238.00M	$10.00M
CapEx	$34.00M	$56.00M	$32.00M	$31.00M	$21.00M	$17.00M
Free Cash Flow	$446.00M	($63.00M)	$6.00M	($147.00M)	($68.00M)	($52.00M)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	21.7%	19.5%	18.8%	14.1%	14.3%	13.1%
Operating margin	0.0%	-0.7%	0.4%	-2.2%	-4.0%	-7.2%
EBITDA margin	2.7%	2.0%	3.0%	0.2%	-1.3%	-3.6%
Net margin	-12.0%	9.8%	6.7%	2.2%	2.1%	-52.6%
Free cash flow margin	41.7%	-6.0%	0.5%	-12.2%	-5.9%	-5.1%
FCF / Net income	-3.48	-0.62	0.08	-5.65	-2.83	0.10
R&D / Revenue	3.1%	3.2%	3.0%	2.8%	2.9%	3.3%
SG&A / Revenue	16.3%	17.2%	14.2%	12.7%	15.4%	16.7%
Effective tax rate	-	7.3%	13.8%	16.1%	14.3%	-
Return on assets	-7.9%	5.1%	3.2%	1.1%	1.1%	-43.3%
Return on equity	-20.8%	15.9%	8.1%	2.5%	3.1%	-702.6%
Return on invested capital	0.0%	-0.6%	0.2%	-1.6%	-3.8%	-62.2%
Liquidity
Current ratio	3.14	2.28	2.52	2.32	2.61	2.12
Quick ratio	2.32	1.44	1.75	1.52	1.90	1.42
Cash ratio	1.26	0.77	0.90	0.74	1.17	0.66
Leverage
Debt / Equity	0.34	0.73	0.49	0.30	0.32	0.22
Debt / Assets	0.13	0.23	0.19	0.14	0.12	0.01
Debt / EBITDA	7.17	22.19	13.44	105.33	-	-
Interest coverage	0.0x	-0.1x	0.1x	-0.7x	-1.4x	-6.2x
Equity multiplier	2.63	3.12	2.53	2.20	2.78	16.21
Liabilities / Assets	0.56	0.57	0.52	0.46	0.55	0.79
Efficiency
Asset turnover	0.66	0.52	0.47	0.53	0.53	0.82
Inventory turnover	3.84	3.84	4.18	4.37	4.50	4.34
Days sales outstanding	50d	48d	64d	54d	56d	63d
Days inventory outstanding	95d	95d	87d	84d	81d	84d
Days payable outstanding	44d	52d	50d	47d	57d	48d
Cash conversion cycle	101d	91d	101d	90d	80d	99d
Valuation
P / E	-	7.3x	5.8x	19.1x	-	-
P / B	1.2x	0.9x	0.4x	0.2x	0.3x	-
P / S	0.7x	0.6x	0.3x	0.2x	0.2x	-
EV / EBITDA	20.9x	41.5x	16.3x	114.9x	-	-
Growth
Revenue growth (YoY)	2.5%	-6.6%	-7.3%	4.8%	11.8%	-17.1%
Revenue CAGR (3y)	-3.9%	-3.2%	2.8%	-1.0%	-6.0%	-14.4%
Revenue CAGR (5y)	0.8%	-3.4%	-4.2%	-6.0%	-10.9%	-
Gross profit growth (YoY)	14.3%	-3.3%	23.5%	3.7%	21.5%	-25.8%
Operating income growth (YoY)	-	-	-	43.5%	37.8%	27.5%
Net income growth (YoY)	-	36.0%	188.5%	8.3%	-	-
EPS growth (YoY)	-	34.3%	318.8%	-	-	-
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-38.1%	-	-
FCF growth (YoY)	-	-	-	-116.2%	-30.8%	-1633.3%
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	-4.2%	-31.1%	-10.6%	33.3%	914.3%	-22.2%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$2.13B total

Reportable Segment Aggregation Before Other Operating Segment$1.05B · 49.4%

Print$715.00M · 33.5%

Advanced Materials And Chemicals$313.00M · 14.7%

Brand$23.00M · 1.1%

All Other$15.00M · 0.7%

All Other Segments$15.00M · 0.7%

Product / service

$2.74B total

Product$917.00M · 33.4%

Annuities$646.00M · 23.6%

Plates Inks And Other Consumables$501.00M · 18.3%

Film And Chemicals$287.00M · 10.5%

Service$152.00M · 5.5%

Ongoing Service Arrangements$145.00M · 5.3%

Equipment And Software$69.00M · 2.5%

Other$23.00M · 0.8%

Growth Products$3.00M · 0.1%

Geographic

$965.00M total

EMEA$292.00M · 30.3%

North America$250.00M · 25.9%

US$233.00M · 24.1%

Asia Pacific$156.00M · 16.2%

CA$17.00M · 1.8%

Latin America$17.00M · 1.8%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

0.93

Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

7/9

Strong

✗Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✓Long-term debt decreased
✓Current ratio improved
✓No share dilution
✓Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Photographic Equipment & Supplies

Company	Revenue (last FY)	Net margin	ROE
GPRO	$651.54M	-14.3%	-122.1%
IMAX	$410.21M	8.5%	10.3%
FGH	$41.24M	-17.3%	-15.3%
SGE	-	-	-
MITQ	-	-	-19.5%

Comparing EASTMAN KODAK CO against the 5 most active filers in the same SIC group.