Materion Corporation (MTRN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 549.82M | 489.75M | 444.82M | 431.6M | 420.3M | 436.87M | 436.71M | 425.67M | 385.29M | 421.11M | 403.07M | 398.55M | 442.53M | 434.58M | 428.19M | 445.3M | 449.05M | 397.23M | 388.03M | 371M |
| Revenue Growth % | 30.82% | 12.11% | 1.86% | 1.39% | 9.09% | 3.74% | 8.35% | 6.8% | -12.93% | -3.1% | -5.87% | -10.5% | -1.45% | 9.4% | 10.35% | 20.03% | 26.71% | 16.94% | 35.12% | 36.66% |
| Cost of Goods Sold | 470.59M | 428.71M | 361.38M | 351.81M | 347.04M | 343.89M | 355.78M | 347.93M | 314.07M | 341.33M | 314.13M | 309.5M | 351.19M | 343.66M | 345.45M | 357.87M | 373.75M | 324.16M | 313.71M | 301.42M |
| COGS % of Revenue | 85.59% | 87.53% | 81.24% | 81.51% | 82.57% | 78.72% | 81.47% | 81.74% | 81.52% | 81.05% | 77.94% | 77.66% | 79.36% | 79.08% | 80.68% | 80.37% | 83.23% | 81.6% | 80.85% | 81.25% |
| Gross Profit | 79.23M | 61.05M | 83.43M | 79.79M | 73.26M | 92.98M | 80.94M | 77.74M | 71.21M | 79.72M | 88.94M | 89.06M | 91.34M | 90.92M | 82.74M | 87.43M | 75.29M | 73.07M | 74.31M | 69.58M |
| Gross Margin % | 14.41% | 12.46% | 18.76% | 18.49% | 17.43% | 21.28% | 18.53% | 18.26% | 18.48% | 18.93% | 22.06% | 22.34% | 20.64% | 20.92% | 19.32% | 19.63% | 16.77% | 18.4% | 19.15% | 18.75% |
| Gross Profit Growth % | 8.15% | -34.34% | 3.08% | 2.64% | 2.87% | 16.64% | -8.99% | -12.71% | -22.03% | -12.32% | 7.48% | 1.86% | 21.31% | 24.42% | 11.34% | 25.65% | 12.72% | 30.96% | 64.01% | 48.19% |
| Operating Expenses | 48.95M | 48.62M | 47.68M | 41.85M | 44.71M | 131.32M | 49.68M | 42.38M | 48.96M | 52.08M | 52.42M | 53.71M | 54.4M | 51.73M | 53.65M | 55.57M | 55.69M | 57.56M | 53.15M | 48.86M |
| OpEx % of Revenue | 8.9% | 9.93% | 10.72% | 9.7% | 10.64% | 30.06% | 11.38% | 9.96% | 12.71% | 12.37% | 13% | 13.48% | 12.29% | 11.9% | 12.53% | 12.48% | 12.4% | 14.49% | 13.7% | 13.17% |
| Selling, General & Admin | 36.2M | 34.32M | 38.26M | 35.04M | 35.45M | 40.49M | 34.37M | 33.6M | 35.2M | 39.31M | 38.09M | 38.2M | 39.6M | 48.96M | 37.77M | 39.88M | 40.49M | 44.51M | 41.91M | 36.78M |
| SG&A % of Revenue | 6.58% | 7.01% | 8.6% | 8.12% | 8.43% | 9.27% | 7.87% | 7.89% | 9.14% | 9.33% | 9.45% | 9.58% | 8.95% | 11.27% | 8.82% | 8.96% | 9.02% | 11.2% | 10.8% | 9.91% |
| Research & Development | 6.16M | 6.47M | 6.55M | 6.41M | 6.5M | 6.32M | 7.87M | 7.7M | 7.14M | 6.44M | 6.32M | 7.15M | 7.62M | 6.88M | 7.43M | 7.59M | 7.07M | 7.41M | 6.35M | 6.6M |
| R&D % of Revenue | 1.12% | 1.32% | 1.47% | 1.49% | 1.55% | 1.45% | 1.8% | 1.81% | 1.85% | 1.53% | 1.57% | 1.8% | 1.72% | 1.58% | 1.74% | 1.7% | 1.58% | 1.87% | 1.64% | 1.78% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 402K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 30.28M | 12.43M | 35.76M | 37.94M | 28.55M | -38.35M | 31.26M | 35.35M | 22.25M | 27.64M | 36.52M | 35.34M | 36.94M | 39.19M | 29.1M | 31.86M | 19.61M | 15.51M | 21.16M | 20.72M |
| Operating Margin % | 5.51% | 2.54% | 8.04% | 8.79% | 6.79% | -8.78% | 7.16% | 8.31% | 5.77% | 6.56% | 9.06% | 8.87% | 8.35% | 9.02% | 6.8% | 7.15% | 4.37% | 3.9% | 5.45% | 5.59% |
| Operating Income Growth % | 6.06% | 132.4% | 14.39% | 7.31% | 28.3% | -238.74% | -14.41% | 0.03% | -39.77% | -29.47% | 25.51% | 10.94% | 88.41% | 152.68% | 37.51% | 53.74% | -0.57% | 127.15% | 3535.06% | 173.72% |
| EBITDA | 48.7M | 29.95M | 53.26M | 55.45M | 45.08M | -22.56M | 49.85M | 51.87M | 38.43M | 40.96M | 51.6M | 51.7M | 52.03M | 51.6M | 42.25M | 44.75M | 32.78M | 25.37M | 34.58M | 31.19M |
| EBITDA Margin % | 8.86% | 6.12% | 11.97% | 12.85% | 10.73% | -5.16% | 11.42% | 12.18% | 9.98% | 9.73% | 12.8% | 12.97% | 11.76% | 11.87% | 9.87% | 10.05% | 7.3% | 6.39% | 8.91% | 8.41% |
| EBITDA Growth % | 8.03% | 232.74% | 6.84% | 6.9% | 17.3% | -155.08% | -3.39% | 0.33% | -26.13% | -20.63% | 22.13% | 15.52% | 58.71% | 103.41% | 22.2% | 43.49% | 15.78% | 65.06% | 337.44% | 85.43% |
| D&A (Non-Cash Add-back) | 18.43M | 17.52M | 17.5M | 17.51M | 16.54M | 15.79M | 18.59M | 16.51M | 16.18M | 13.32M | 15.08M | 16.35M | 15.09M | 12.41M | 13.15M | 12.89M | 13.18M | 9.86M | 13.41M | 10.46M |
| EBIT | 30.28M | 12.43M | 35.76M | 37.94M | 28.55M | 41.32M | 34.11M | 31.4M | 24.94M | 28.46M | 38.92M | 37.68M | 38.13M | 28.81M | 31M | 34.05M | 21.51M | 16.67M | 22.9M | 22M |
| Net Interest Income | -7.09M | -7.33M | -6.75M | -7.44M | -6.15M | -8.84M | -8.84M | -8.8M | -8.28M | -8.5M | -7.68M | -7.64M | -7.5M | -7.58M | -5.89M | -4.7M | -3.73M | -2.42M | -861K | -858K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 7.09M | 7.33M | 6.75M | 7.44M | 6.15M | 8.84M | 8.84M | 8.8M | 8.28M | 8.5M | 7.68M | 7.64M | 7.5M | 7.58M | 5.89M | 4.7M | 3.73M | 2.42M | 861K | 858K |
| Other Income/Expense | -9.37M | -9.1M | -7.65M | -8.78M | -7.6M | -8.33M | -8.2M | -11.45M | -7.64M | -7.93M | -6.99M | -6.92M | -6.77M | -5.84M | -4.71M | -3.53M | -2.57M | -1.14M | 418K | 419K |
| Pretax Income | 20.91M | 3.33M | 28.11M | 29.16M | 20.94M | -46.67M | 23.06M | 23.9M | 14.61M | 19.71M | 29.53M | 28.43M | 30.17M | 33.35M | 24.38M | 28.33M | 17.04M | 14.37M | 21.58M | 21.14M |
| Pretax Margin % | 3.8% | 0.68% | 6.32% | 6.76% | 4.98% | -10.68% | 5.28% | 5.61% | 3.79% | 4.68% | 7.33% | 7.13% | 6.82% | 7.67% | 5.69% | 6.36% | 3.79% | 3.62% | 5.56% | 5.7% |
| Income Tax | 1.53M | -3.24M | 2.7M | 4.02M | 3.25M | 2.18M | 768K | 4.86M | 1.2M | 238K | 2.96M | 4.35M | 4.58M | 4.58M | 4.43M | 5.07M | 3.02M | -5.31M | 3.42M | 3.27M |
| Effective Tax Rate % | 7.33% | -97.33% | 9.6% | 13.77% | 15.5% | -4.67% | 3.33% | 20.35% | 8.24% | 1.21% | 10.03% | 15.29% | 15.18% | 13.75% | 18.18% | 17.91% | 17.73% | -36.95% | 15.86% | 15.49% |
| Net Income | 19.37M | 6.57M | 25.41M | 25.14M | 17.7M | -48.85M | 22.29M | 19.04M | 13.41M | 19.47M | 26.56M | 24.08M | 25.59M | 28.76M | 19.95M | 23.25M | 14.02M | 19.68M | 18.16M | 17.87M |
| Net Margin % | 3.52% | 1.34% | 5.71% | 5.82% | 4.21% | -11.18% | 5.1% | 4.47% | 3.48% | 4.62% | 6.59% | 6.04% | 5.78% | 6.62% | 4.66% | 5.22% | 3.12% | 4.96% | 4.68% | 4.82% |
| Net Income Growth % | 9.46% | 113.46% | 13.99% | 32.07% | 31.99% | -350.93% | -16.07% | -20.95% | -47.6% | -32.32% | 33.14% | 3.56% | 82.52% | 46.14% | 9.89% | 30.15% | -16.39% | 144.02% | 231.86% | 207.91% |
| Net Income (Continuing) | 19.37M | 6.57M | 25.41M | 25.14M | 17.7M | -48.85M | 22.29M | 19.04M | 13.41M | 19.47M | 26.56M | 24.08M | 25.59M | 28.76M | 19.95M | 23.25M | 14.02M | 19.68M | 18.16M | 17.87M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.92 | 0.31 | 1.22 | 1.21 | 0.85 | -2.33 | 1.07 | 0.91 | 0.64 | 0.93 | 1.27 | 1.15 | 1.23 | 1.38 | 0.96 | 1.12 | 0.68 | 0.95 | 0.88 | 0.87 |
| EPS Growth % | 8.24% | 113.3% | 14.02% | 32.97% | 32.81% | -350.54% | -15.75% | -20.87% | -47.97% | -32.61% | 32.29% | 2.68% | 80.88% | 45.26% | 9.09% | 28.74% | -16.05% | 143.59% | 225.93% | 210.71% |
| EPS (Basic) | 0.93 | 0.32 | 1.23 | 1.21 | 0.85 | -2.35 | 1.07 | 0.92 | 0.65 | 0.94 | 1.29 | 1.17 | 1.24 | 1.40 | 0.97 | 1.13 | 0.69 | 0.96 | 0.89 | 0.87 |
| Diluted Shares Outstanding | 21.01M | 20.95M | 20.88M | 20.83M | 20.91M | 20.92M | 20.92M | 20.91M | 20.97M | 20.94M | 20.91M | 20.9M | 20.89M | 20.79M | 20.78M | 20.72M | 20.72M | 20.78M | 20.66M | 20.65M |
| Basic Shares Outstanding | 20.76M | 20.73M | 20.73M | 20.78M | 20.78M | 20.73M | 20.75M | 20.74M | 20.68M | 20.64M | 20.64M | 20.63M | 20.57M | 20.54M | 20.53M | 20.52M | 20.46M | 20.45M | 20.44M | 20.43M |
| Dividend Payout Ratio | 15% | 44.15% | 11.42% | 11.54% | 15.84% | - | 12.57% | 14.71% | 20.08% | 13.79% | 10.1% | 11.14% | 10.05% | 8.96% | 12.39% | 11.15% | 17.98% | 12.47% | 13.51% | 13.73% |