MATV earnings analysis
What we found in MATV's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Mativ Holdings reported Q1 2026 revenue of $479.6 million and diluted EPS of $0.06, markedly improving from a net loss of $425.5 million in the same quarter last year. Although revenue decreased slightly by 1.1% from the previous period, gross profit increased significantly year-over-year, indicating a positive trend in profitability despite revenue challenges.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Significant EPS Improvement
- EPS rose to $0.06 compared to a loss of $7.82 in Q1 2025.
- Growth in Gross Profit
- Gross profit increased to $84.9 million, up 16.9% year-over-year.
- Cash Flow Turnaround
- Operating cash flow improved to $1.0 million, recovering from -$15.9 million in the prior year.
- Cost Reduction in Nonmanufacturing Expenses
- Nonmanufacturing expenses reduced by 10.2% to $76.3 million.
- Favorable Currency Impact on Sales
- Favorable currency translation contributed 3.2% to net sales despite a decline in overall volume.
- Decreased Restructuring Expenses
- Restructuring and impairment expenses dropped from $6.3 million to $1.3 million.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Ongoing Tariff Uncertainty
- Uncertainties related to tariffs may continue to affect macroeconomic conditions.
- Inventory Management Challenges
- Cash outflows from working capital increased to $28.2 million due to inventory management.
- Segment Revenue Declines
- SAS segment revenue declined by 2.0%, reflecting lower volume/mix.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.06
- Gross margin
- 17.7%
- Operating margin
- 1.5%
- Segment
- FAM: $188.3M
- Segment
- SAS: $291.3M
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads better than the one before it.
What came before.
- 10-K · February 26, 2026
- Mativ presents itself as an approximately $2 billion global leader in specialty materials with two reportable segments: Filtration & Advanced Materials (39% of 2025 revenues) and Sustainable & Adhesive Solutions (61% of…
- 10-Q · May 8, 2025
- Mativ reported Q1 2025 net sales of $484.8M and a GAAP net loss of $425.5M (EPS $(7.82)), driven primarily by a $411.9M goodwill impairment for the FAM reporting unit. Segment revenues were $187.6M (FAM) and $297.2M…
- 10-Q · November 12, 2024
- Mativ reported Q3 net sales of $498.5 million and gross profit of $93.6 million (roughly 18.8% gross margin) with operating profit of $7.0 million (about 1.4% operating margin). The quarter produced a GAAP loss per…
- 10-Q · August 8, 2024
- Mativ reported Q2 net sales of $523.8 million, a slight decline of $2.7 million versus Q2 2023, while gross profit improved to $108.9 million (20.8% margin). Operating profit was $10.5 million and diluted loss per share…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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