GPGI sinks after Q1 results and sharply below-consensus Q2 revenue guide
GPGI reported first-quarter 2026 results today, including a GAAP net loss of $235.0 million. The company also issued Q2 2026 revenue guidance of $425–$475 million, well below the $520.9 million consensus estimate.
1) What happened today (May 7, 2026)
GPGI shares fell sharply after the company released first-quarter 2026 earnings and accompanying outlook updates this morning. The move lines up with an earnings-related catalyst rather than broad market drift.
2) Key numbers that likely pressured the stock
In the Q1 2026 release, GPGI posted a GAAP net loss of $235.0 million and discussed pro forma metrics including $421.2 million in pro forma adjusted net sales and $82.1 million in pro forma adjusted EBITDA. The outlook was a key negative: the company’s Q2 2026 revenue guidance of $425–$475 million came in far below the Street’s $520.9 million consensus.
3) Why this qualifies as a same-day catalyst
The earnings release and guidance were published today (May 7, 2026) and provide concrete new information that can directly reprice expectations for near-term revenue and profitability. That is a clear, dated, company-specific catalyst consistent with a large single-day move.