Eastman Kodak Company | Johnson Fistel

Eastman Kodak Company Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

SAN DIEGO – Johnson Fistel, PLLP is investigating whether Eastman Kodak Company (NYSE: KODK) or certain of its executive officers violated federal securities laws. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.

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Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471.

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Background of the Investigation
On May 7, 2026, Kodak reported its first quarter 2026 financial results. Although Kodak reported year-over-year increases in revenue, gross profit, and Operational EBITDA, the Company also disclosed that its GAAP net loss increased to $16 million, compared to a net loss of $7 million in the prior-year period. Kodak stated that its Operational EBITDA improvement was “primarily driven by improved pricing,” but was “partially offset by higher manufacturing costs and higher silver and aluminum prices.”

Kodak further disclosed that it ended the quarter with a cash balance of $299 million, down $38 million from December 31, 2025. The Company attributed the decrease primarily to a $38 million increase in inventory driven by silver and aluminum commodities, as well as a required $50 million term-loan principal repayment, partially offset by $46 million in cash proceeds from redemption of Kodak Retirement Income Plan reversion investments.

Kodak’s Form 10-Q confirmed that cash and cash equivalents decreased from $337 million at December 31, 2025 to $299 million at March 31, 2026, while inventories increased from $218 million to $255 million over the same period.

Following these disclosures, Kodak’s stock price declined sharply.

In light of these disclosures, Johnson Fistel is investigating whether Eastman Kodak Company complied with state and federal laws, including the federal securities laws. If you suffered losses, or are a long-term holder of Kodak stock, contact Johnson Fistel.

About Johnson Fistel, PLLP
Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder class actions and derivative lawsuits. Johnson Fistel has been selected as one of the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services. In 2024, Johnson Fistel recovered approximately $90,725,000 for aggrieved investors.

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Contact:
Johnson Fistel, PLLP
501 W. Broadway, Suite 800
San Diego, CA 92101
James Baker, Investor Relations – or – Frank J. Johnson, Esq.
(619) 814-4471
jimb@johnsonfistel.com | fjohnson@johnsonfistel.com