10-Q · February 5, 2026
Magnera Corporation reported a solid increase in net sales for Q1 2026, achieving $792 million, up 13% from $702 million in the prior year. However, the company posted an operating loss of $22 million, reflecting…
Earnings analysis · 10-Q
MAGN earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Magnera Corporation (MAGN) reported Q2 2026 earnings with net sales of $796 million, experiencing a 3% decline from $824 million in the prior quarter. The company reported an EPS of -$0.50, falling short of analyst…
Read full summary
Magnera Corporation (MAGN) reported Q2 2026 earnings with net sales of $796 million, experiencing a 3% decline from $824 million in the prior quarter. The company reported an EPS of -$0.50, falling short of analyst estimates of -$0.11, while free cash flow for the quarter reached $60 million. Operational challenges impacted performance, primarily due to a decline in selling prices and volume amid a tough global economic backdrop.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.5
- Segment
- Americas
- Segment
- Rest of World
What stood out
-
Revenue Decline from Prior Quarter
Net sales decreased by $28 million, or 3%, from $824 million to $796 million.
-
Significant EPS Shortfall
Earnings per share was reported at -$0.50, missing estimates of -$0.11 by a margin of 3.55%.
-
Strong Free Cash Flow Generation
Free cash flow for the year-to-date was $60 million, showing positive cash generation despite operational issues.
-
Positive Segment Performance in Rest of World
The Rest of World segment saw a 2% increase in net sales, rising from $351 million to $359 million.
-
Reduction in Interest Expense
Net interest expense decreased due to repayments on long-term borrowings and changes in interest rates.
-
Improvement in Operating Income Year-to-Date
Overall operating income saw a 272% increase year-to-date, indicating improved cost management.
What to watch
-
Declining Selling Prices
Selling prices decreased by $110 million due to lower raw material costs and market pressures.
-
Volume Declines
A 2% decline in organic sales volume was noted, attributed to disruptions from winter storms and general market softness in Europe.
-
Operational Challenges in Key Markets
The company faced significant challenges in Europe, impacting growth and sales stability.
Management's outlook
For fiscal year 2026, management projects cash from operations between $170 to $190 million, and free cash flow between $90 and $110 million.
Earlier filings 4
10-K · November 25, 2025
Magnera Corporation's 2025 10-K highlights a significant growth in net sales to $3.204 billion, up 47% from the previous year, largely driven by strategic initiatives and the addition of GLT's revenue. However, the…
10-Q · August 6, 2025
MAGN's Q3 2025 results showed a significant revenue increase driven by the GLT transaction, with net sales rising to $839 million, a 51% increase year-over-year. However, the company reported an operating loss of $4…
10-Q · May 7, 2025
Magnera Corporation reported a net sales increase of 48% to $824 million for Q2 2025, primarily due to the acquisition of GLT, although operating income dropped significantly by 81% to $4 million. The Americas segment…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.