Kodak Revenue Rises 3% on Materials Growth

Eastman Kodak reported higher third-quarter revenue and net income, driven by its Advanced Materials & Chemicals segment.

Updated on Nov. 4, 2026 in Corporate Finance

Kodak Revenue Rises 3% on Materials Growth

Eastman Kodak Co. reported third-quarter revenue of $276 million, up 3% from $269 million a year earlier. The company also posted GAAP net income of $21 million, compared with $13 million in the year-ago period.

Why it matters

The results show returns from several years of heavy investment in Kodak's Advanced Materials & Chemicals segment, including pharmaceutical manufacturing at Eastman Business Park. For Rochester, where Kodak employs roughly 1,300 people, the growth points to the company's continued role as a major regional manufacturer.

Kodak's third-quarter revenue rose $7 million, or 3%, to $276 million, while GAAP net income climbed from $13 million to $21 million. The filing does not specify the multimillion-dollar cost of the new pharmaceutical facility or how long its ramp-up will take.

The players

Eastman Kodak Co.

A Rochester-based imaging and advanced materials company whose manufacturing operations are central to its regional economic footprint.

The details

Kodak said the revenue gain came mainly from its Advanced Materials & Chemicals segment, which now includes a 0.9% sodium chloride sterile saline solution made at Eastman Business Park. The improvement in net income reflected higher gross profit and lower interest expense, partly offset by higher selling, general and administrative costs tied to equity compensation and employee benefit accruals.

Last several years: Kodak invested heavily in the Advanced Materials & Chemicals segment.
Year-ago period: Q3 2025 served as the comparison for revenue and net income.
Q3 2026: Kodak reported the revenue, net income and cash results.

Market Landscape

Kodak's results reflect its long pivot from film toward advanced materials and pharmaceutical manufacturing, a shift that has been underway for years. The quarter suggests those investments are beginning to convert into revenue and profit growth.

For Rochester residents, Kodak's growth signals stability among its roughly 1,300 local employees and the regional manufacturing base. Shoppers and households are not directly affected by the quarterly revenue figures.

The takeaway

Kodak's quarter shows that multiyear investments in advanced materials can take time to show up in earnings. Readers tracking Rochester's manufacturing sector can watch whether the growth continues into the coming quarters.