Despite Gen Z's resurgence in film photography boosting Kodak's film sales, the 133-year-old company reported a $26 million net loss in Q2 2025, raising concerns about its continued operation. Facing significant debt, Kodak plans to terminate its pension plan and utilize settlement funds to address its financial obligations. This isn't Kodak's first financial struggle; the company previously filed for bankruptcy in 2012 after failing to adapt to the digital photography revolution.

Prepared by Christopher Adams and reviewed by editorial team.