Is Kodak Still In Business | The Truth In 2026

Kodak once ruled photography, so many people now wonder if the yellow box brand is gone for good. The worry grew after a scary money warning in 2025.

Searches spiked because headlines said the company might not survive. Many readers still think Kodak shut down after its 2012 bankruptcy.

Yes, Kodak is still in business in 2026. Eastman Kodak still runs from Rochester, New York, sells film, print plates and chemicals, and reported higher sales and a profit in its second quarter of 2026.

The company also says it now makes pharmaceutical products. That is a big change from the camera store days.

In this guide, you will learn what happened in 2025, how Kodak fixed its debt problem and what it sells today.

You will also see the latest numbers and what may come next for the brand.

Today, we will go through it all, so let’s dive in.

Quick Answer: Is Kodak Still In Business?

Yes. Kodak is open, trading and selling products as of November 2026.

Question	Answer
Is Kodak still in business?	Yes, Eastman Kodak still operates in 2026
Headquarters	Rochester, New York
CEO	Jim Continenza, Executive Chairman and CEO
Q2 2026 revenue	$311 million, up 18%
Main products	Print plates and systems, film, chemicals, pharmaceuticals

The 2025 warning was real, but Kodak paid down debt with money from its old pension plan.

Today it is a smaller, business focused company, not the camera giant people remember.

Did Kodak Go Out Of Business?

No, Kodak never fully went out of business. It filed for bankruptcy in 2012, but it came out of it in 2013, according to an AP report on 13WHAM.

After that, the company kept working under the same Eastman Kodak name. It is still based in Rochester, New York, where George Eastman founded it.

Its focus moved toward printing for businesses and special materials. That is why many shoppers no longer see it the way they did years ago.

So the brand never left. The company behind it simply changed shape.

Why Did People Think Kodak Was Shutting Down?

In August 2025, Kodak warned there was “substantial doubt” about its ability to continue as a going concern. It had debt due within 12 months and no committed financing to pay it.

The AP reported that Kodak shares slid more than 25% in midday trading after that filing. At the time, Kodak had $155 million in cash, with $70 million in the U.S.

Kodak quickly said it was confident it could pay off a big part of its term loan early. It planned to use cash from ending its pension plan.

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How Did Kodak Fix Its Debt Problem?

On December 2, 2025, Kodak announced it had finished its pension reversion. Its press release said the move delivered over $1 billion to strengthen its balance sheet.

The deal also fully funded a new benefit plan for workers.

In the first half of 2026, Kodak made $100 million in principal payments on its term loans, according to a Q2 2026 earnings call summary on Yahoo Finance.

The same summary said its debt to EBITDA ratio improved to 1x from 23x a year earlier.

Is Kodak Making Money In 2026?

Yes, recent numbers look much better. Kodak reported second quarter 2026 revenue of $311 million, up 18% from a year earlier.

It posted GAAP net income of $17 million in that quarter. In the same quarter of 2025, it had a net loss of $26 million.

For the first half of 2026, revenue rose 13% to $576 million. Kodak ended the quarter with $290 million in cash.

Costs are still a worry. The company said aluminum and silver prices were more than double their year end levels, which can squeeze profits.

Does Kodak Still Make Film?

Yes, Kodak still makes film, and it is growing again. Its Advanced Materials and Chemicals unit grew revenue 40% to $105 million in Q2 2026, driven by motion picture film.

In April 2026, Kodak launched KODAK VERITA 200D Color Negative Film for movies. In May 2026, it said seven features shot on Kodak film were competing at Cannes.

Film fans and movie makers keep this side of the business busy.

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What Does Kodak Sell Today?

Printing is still Kodak’s biggest business. Its Commercial Print segment grew revenue 10% to $195 million in Q2 2026.

Kodak sells print plates and printing systems to print shops. In October 2026, it launched the KODAK PROSPER Plus 5 Imprinting System.

The company is also moving into health products. On October 28, 2026, it said KODAK PHARMACEUTICALS expanded its portfolio and launched a U.S. online store.

Kodak is also working on battery materials with Ateios Systems, based on a March 2026 announcement.

Is Kodak Stock A Sign Of Recovery?

Kodak still trades publicly under the ticker KODK. Its shares fell hard after the 2025 warning.

In April 2026, Forbes wrote that Kodak stock was up 96% from the low after the going concern letter.

Forbes also noted that print makes up most of Kodak’s sales and that print is shrinking. So the rally comes with real risks.

This is not financial advice. Anyone thinking about the stock should check the latest filings first.

Is Kodak Going Bankrupt Again?

There is no sign of a new bankruptcy as of November 2026. Kodak’s latest results show profit, lower debt and growing sales.

According to Forbes, Kodak reportedly said after its Q3 2025 results that the conditions behind the going concern doubt had been resolved.

Kodak’s third quarter 2026 results had not been posted on its press page at the time of writing. Those numbers will be the next big check.

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Conclusion

Kodak is still in business in 2026. The 2025 warning scared many people, but the company did not close.

It used over $1 billion from its pension reversion to cut debt. Sales and profit then improved in 2026.

Today, Kodak is mainly a printing, film, chemicals and pharmaceutical company based in Rochester, New York.

It still faces risks from shrinking print demand and high metal costs. For now, though, the famous name is very much alive.