Company file · AMCR

Amcor

Amcor's revenue rose 56.6% in FY2026, to $23.5B, and net income rose 116.4% to $1.1B

Revenue rose 56.6% to $23.5B in FY2026, from $15.0B in FY2025. Net income rose 116.4% to $1.1B. Flexibles was the largest segment, at 55% of revenue.

Prepared from SEC filings · Latest annual report: 10-K for FY2026 (filed Aug 14, 2026) · Latest quarter: 10-Q for the quarter ended Sep 30, 2026 (filed Nov 5, 2026) · Data pulled Nov 11, 2026

Key facts

Amcor (NYSE: AMCR) reported revenue of $23.5B for fiscal 2026, the year ended Jun 30, 2026, up 56.6% from fiscal 2025. Net income was $1.1B, up 116.4%. In its latest 10-Q, for the quarter ended Sep 30, 2026, revenue was $6.1B, up 6.7% from the same quarter a year earlier, and net income was $242M. The largest piece by segment was Flexibles, at 55% of fiscal 2026 revenue. Sources: 10-K for fiscal 2026 (filed Aug 14, 2026) and 10-Q for the quarter ended Sep 30, 2026 (filed Nov 5, 2026).

Revenue$23.5BFY2026 · +56.6% vs FY2025

Net income$1.1BFY2026 · +116.4% vs FY2025

Operating cash flow$2.2BFY2026 · +54.7% vs FY2025

Cash & equivalents$832Mat Sep 30, 2026 · −25.4% vs FY2026 end

Total debt$14.8Bat Sep 30, 2026 · +5.9% vs FY2026 end

Diluted shares464MFY2026 avg · +45.6% vs FY2025

Revenue and net income, three fiscal yearsBy fiscal year, $bn

RevenueNet income

Source: 10-K FY2026, filed Aug 14, 2026

Quarterly revenue: fiscal 2027 vs a year earlierFiscal Q1, $bn (each quarter from that quarter's 10-Q)

FY2026FY2027

Source: 10-Q filed Nov 5, 2026

How it makes money

By segment, FY2026

LineAmountSharevs FY2025
Flexibles$12.8B55%+27.4%
Rigid Packaging$10.7B45%+116.0%

Source: 10-K FY2026, XBRL breakdown

By segment in FY2026: Flexibles (55%) and Rigid Packaging (45%), as shares of total revenue. Total revenue was $23.5B.

By segment: three-year mixShare of the total each fiscal year

FY2024

70%30%

FY2025

67%33%

FY2026

55%45%

FlexiblesRigid Packaging

Source: 10-K FY2026

By region, FY2026

North America$11.7B50%+63.0%

Europe$7.8B33%+81.5%

Asia Pacific$2.1B9%+20.9%

Latin America$1.9B8%+5.0%

Share is of the FY2026 total; the last column is the change from FY2025.

Learn more: Revenue vs. net income · Gross, operating and net margin

What changed last quarter

How the quarter compared with a year earlier

Comparing Q1 FY2027 (Jul to Sep 2026) compared with Q1 FY2026 (Jul to Sep 2025)

Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.

Q1 FY2027Q1 FY2026

Company

Revenue

$6.1B Q1 FY2027

$5.7B Q1 FY2026

6.7% increase

Net income

$242M Q1 FY2027

$262M Q1 FY2026

7.6% decrease

Source: Amcor 10-Q for the quarter ended Sep 30, 2026, filed Nov 5, 2026

By segment

Flexibles

$3.4B Q1 FY2027

$3.1B Q1 FY2026

9.9% increase

Rigid Packaging

$2.8B Q1 FY2027

$2.7B Q1 FY2026

3.0% increase

Source: Amcor 10-Q for the quarter ended Sep 30, 2026, filed Nov 5, 2026

Cash & equivalents $832M at Sep 30, 2026, vs $1.1B at FY2026 end.
Total debt $14.8B at Sep 30, 2026, vs $14.0B at FY2026 end.
Operating cash flow, first 3 months of fiscal 2027: −$527M vs −$133M a year earlier.

The bull case and the bear case

The bull case

Revenue rose 56.6% in FY2026 to $23.5B, from $15.0B a year earlier. 10-K, FY2026
Net income rose 116.4% in FY2026 to $1.1B, from $511M. 10-K, FY2026
Operating cash flow rose 54.7% in FY2026 to $2.2B. 10-K, FY2026
Revenue in the quarter ended Sep 30, 2026 was $6.1B, up 6.7% on a year earlier. 10-Q, quarter ended Sep 30, 2026

The bear case

Diluted shares rose 45.6% in FY2026, which spreads profit across more shares. 10-K, FY2026
Net income in the quarter ended Sep 30, 2026 was $242M, down 7.6% on a year earlier. 10-Q, quarter ended Sep 30, 2026
The company's own risk factors are in Item 1A of its 10-K. Risks common in this industry include commodity prices; demand cycles; energy and input costs. 10-K, Item 1A

What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.

What the company does

Amcor is in the paper & plastic packaging products & materials industry, part of the materials sector. The SEC files it under Miscellaneous Manufacturing Industries.

Amcor reports 2 segments: Flexibles and Rigid Packaging.

Its fiscal year ends in December; the latest, FY2026, ended Jun 30, 2026.

Source: 10-K, Item 1 Business

Risks common in this industry

These are general risks for companies in the paper & plastic packaging products & materials industry. They are not a summary of Amcor’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.

Commodity pricesPrices of the metals, chemicals or products it sells move revenue and margins.
Demand cyclesCustomers in construction, manufacturing and autos buy less in downturns.
Energy and input costsEnergy, raw material and freight costs can rise faster than prices.
Regulation and environmentEnvironmental and safety rules can raise costs or limit operations.
TradeTariffs and trade policy can shift demand and competition.

Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)

Three years of key numbers

Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.

US$	FY2024	FY2025	FY2026
Revenue	$13.6B	$15.0B	$23.5B
Net income	$730M	$511M	$1.1B
Operating cash flow	$1.3B	$1.4B	$2.2B
Cash & equivalents (year end)	$588M	$827M	$1.1B
Total debt (year end)	$6.7B	$14.1B	$14.0B
Diluted shares	288M	319M	464M

Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
Cash & equivalents: Cash and short-term investments that count as cash equivalents on the balance sheet. Excludes longer-dated marketable securities.
Total debt: Short-term borrowings and the current part of long-term debt plus long-term debt, at carrying value.
Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.

Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator

Explainers for this page

Plain-English guides to terms this file uses, with real numbers from filings.

About these numbers

Recent filings

Form	Filed	Period
10-Q	Nov 5, 2026	Sep 30, 2026
DEF 14A	Sep 29, 2026	Nov 11, 2026
10-K	Aug 14, 2026	Jun 30, 2026

Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters

Common questions about Amcor

How does Amcor make money?

Amcor's revenue was $23.5B in fiscal 2026. By segment in FY2026: Flexibles (55%) and Rigid Packaging (45%), as shares of total revenue. Total revenue was $23.5B. Source: 10-K for fiscal 2026, filed Aug 14, 2026.

What was Amcor's revenue in fiscal 2026?

$23.5B of revenue for the fiscal year ended Jun 30, 2026, up 56.6% from $15.0B in fiscal 2025. Fiscal 2024 was $13.6B. Source: 10-K for fiscal 2026, filed Aug 14, 2026.

Is Amcor profitable?

Amcor reported net income of $1.1B for fiscal 2026, up 116.4% from $511M in fiscal 2025. That is a profit under US accounting rules (GAAP). In the quarter ended Sep 30, 2026, net income was $242M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2026, filed Aug 14, 2026.

What did Amcor report in its latest quarterly filing?

Revenue was $6.1B in the quarter ended Sep 30, 2026, up 6.7% from $5.7B a year earlier. Net income was $242M, down 7.6% from $262M. Source: 10-Q for the quarter ended Sep 30, 2026, filed Nov 5, 2026.

How much cash and debt does Amcor have?

Amcor had $832M in cash and cash equivalents and $14.8B of total debt on Sep 30, 2026. Total debt here is short-term borrowings and the current part of long-term debt plus long-term debt, at carrying value. Source: 10-Q filed Nov 5, 2026.

What are the main risks Amcor faces?

Amcor's own risk factors are in Item 1A of its 10-K for fiscal 2026, filed Aug 14, 2026. Risks that are common among companies in the paper & plastic packaging products & materials industry include Commodity prices; demand cycles; energy and input costs; regulation and environment; trade. The first: Prices of the metals, chemicals or products it sells move revenue and margins. Source: 10-K, Item 1A Risk Factors.

Where do these Amcor numbers come from?

From Amcor's own SEC filings: the 10-K for fiscal 2026 (filed Aug 14, 2026) and the 10-Q for the quarter ended Sep 30, 2026 (filed Nov 5, 2026), read through the SEC's public XBRL data. Each number on this page links to its filing. Methodology explains how fiscal years and missing numbers are handled.

Tracked funds that report owning Amcor

Citadel Advisors: 716,957 shares, reported value $31.1M at Jun 30, 2026 (−12.8% in shares since the filing for Mar 31, 2026). Form 13F filed Sep 2, 2026.
Bridgewater Associates: 196,767 shares, reported value $8.5M at Jun 30, 2026 (new in this filing). Form 13F filed Aug 14, 2026.
Millennium Management: 51,113 shares, reported value $2.2M at Jun 30, 2026 (−96.6% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.

From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.

Disclosures

Editor holdings in AMCR: The editor holds no position in Amcor (AMCR). As of Nov 11, 2026.
Trading rule: The editor does not buy or sell AMCR from 3 days before to 3 days after this page is published or substantively updated.
Compensation: Nobody paid for this page. No affiliate links on this page.
Sources: The company's SEC filings, linked next to each number or, for charts, in the source line under them.
Last updated: Nov 10, 2026

General education, the same for every reader. Not a recommendation to buy, sell or hold AMCR, and it doesn't consider your situation.

Compare with peers

Company	Fiscal year	Revenue	Revenue growth	Net income
AmcorAMCR	FY2026	$23.5B	+56.6%	$1.1B
Packaging Corporation of AmericaPKG	FY2025	$9.0B	+7.2%	$774M
Smurfit WestrockSW	FY2025	$31.2B	+47.7%	$699M
International PaperIP	FY2025	$23.6B	+49.3%	−$3.5B
Avery DennisonAVY	FY2025	$8.9B	+1.1%	$688M

Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.

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New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.