Western Forest Products reports Q2, 2026 net income of $10.5M

Western Forest Products Inc.
August 13, 2026
Category: Finance & Economics
Region: Canada, Canada West

VANCOUVER, BC — Western Forest Products reported their second quarter, 2026 result. Q2, 2026 revenue was $239.6 million, compared to $201.5 million in Q1, 2026, and $289.1 million in the second quarter of 2025. …Adjusted EBITDA of $0.4 million in the second quarter of 2026, as compared to $0.5 million in the same period last year. Adjusted EBITDA in the second quarter of 2026 included a $2.3 million expense related to share-based compensation due to a 20% increase in the Company’s share price, compared to a $0.3 million expense in the same period last year. Net income was $10.5 million in the second quarter of 2026, as compared to a net loss of $17.4 million for the same period last year. Results in the second quarter of 2026 included a $31.3 million property insurance recovery from our Columbia Vista sawmill. …Both the North American Japanese lumber markets are expected to be relatively stable through most of the third quarter of 2026.

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