Eastman Kodak Company (KODK)

Eastman Kodak Co. (KODK) stock has experienced notable events and volatility. Between October 23, 2024, and October 22, 2025, the share price increased by 34.54%, with a one-year return on investment of approximately 49% as of November 7, 2024. Consolidated revenues for 2024 decreased by 7% to $1.043 billion, while GAAP net income increased by 36% to $102 million. Operational EBITDA for 2024 decreased by 42% to $26 million, and the company's cash balance decreased by $54 million, ending 2024 at $201 million. In the first quarter of 2025, Kodak reported flat sales at $247 million, a slight decrease from $249 million in Q1 2024. Gross profit decreased by 6% to $46 million, and the company recorded a GAAP net loss of $7 million. For the second quarter of 2025, consolidated revenues were $263 million, a 1% decrease from Q2 2024. Gross profit decreased by 12% to $51 million, and the company reported a GAAP net loss of $26 million. The termination of the Kodak Retirement Income Plan (KRIP) was approved on January 21, 2025, with an effective date of March 31, 2025. The stock has been exceptionally volatile, with a beta ranging from 1.7 to 4.0 as of May 2025. In 2020, the stock price surged to $60 due to a proposed loan for pharmaceutical ingredient production, followed by a drop to lows around $1.50.

Eastman Kodak Co. experiences some demand seasonality, particularly for its continuous inkjet and document scanner products, linked to commercial year-end budgeting processes. Sales of consumable products within this segment tend to occur uniformly throughout the year. The company's transformation to a digital company and expansion into new markets could influence future seasonality patterns.

Eastman Kodak Company is an American public company focused on commercial print and advanced materials and chemicals, headquartered in Rochester, New York. Kodak operates in the technology and communications sector, specifically in the imaging, graphic arts, and electronics industries. Its core business areas include advanced materials and chemicals for packaging, graphic arts, and industrial markets, as well as digital printing solutions and services. Kodak's products include commercial inkjet printers, electrophotographic printing equipment, workflow software, digital offset plates, and related consumables and services. The company also provides photographic materials, including motion picture film and still film, and licenses its brand for consumer products.

Eastman Kodak Co. maintains a global presence, with its headquarters in Rochester, New York, U.S. The company conducts business operations across Europe, the Americas, the Middle East, Africa, and Asia-Pacific regions. Historically, Kodak established subsidiaries in various countries, including the Eastman Photographic Materials Company and Kodak Limited in the UK, Australia Kodak Limited, Kodak-Pathé in France, and Kodak AG in Germany.

Eastman Kodak Company has a rich historical legacy, recognized for its innovations and iconic logo. Despite declines in consumer film photography, Kodak has shifted to commercial print, advanced materials, and chemicals. In the past year, Kodak issued a statement regarding misleading media reports. The company's commitment to U.S. manufacturing and its efforts to grow its Advanced Materials & Chemicals business contribute positively to its reputation. In 2020, Kodak faced scrutiny regarding its lack of pharmaceutical experience following a proposed loan, which impacted its reputation. The company also launched a crypto token called KodakCoin, which did not find lasting success.

Eastman Kodak Co. (KODK) has a mixed ownership structure comprising institutional, individual, and insider investors. As of October 22, 2025, 283 institutional owners held a total of 39,461,630 shares. Institutional ownership is at 41.7% as of June 2025 and 46.46% to 46.49%. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., Dimensional Fund Advisors Lp, Marshall Wace, Llp, and State Street Corp. Individual investors hold a significant stake, estimated between 30% and 49.80% of the company. Insider ownership also shows a range, from 1.9% to 27.12% and as high as 40.99% to 62.99%. Southeastern Asset Management, Inc. is noted as the largest single shareholder with 12% of shares outstanding, followed by BlackRock, Inc. and George Karfunkel, each holding 5.6%.