MATIV HOLDINGS, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $1.99B | $1.98B | $2.03B | $1.64B | $930.7M | $1.07B | $1.02B |
| Cost of Revenue | — | $1.62B | $1.62B | $1.67B | $1.33B | $747.5M | $766.1M | $732.8M |
| Gross Profit | — | $362.9M | $364.1M | $355.8M | $306.0M | $183.2M | $308.3M | $290.0M |
| Gross Margin | — | 18.3% | 18.4% | 17.6% | 18.7% | 19.7% | 28.7% | 28.4% |
| Operating Expenses | ||||||||
| Research & Development | — | $23.6M | $23.0M | $21.2M | $18.8M | $11.8M | $13.8M | $13.5M |
| SG&A Expense | — | $228.7M | $233.8M | $263.9M | $254.9M | $153.2M | $116.9M | $105.1M |
| Operating Income | — | $-384.4M | $6.3M | $-413.9M | $-40.2M | $-16.2M | $128.8M | $134.0M |
| Operating Margin | — | -19.3% | 0.3% | -20.4% | -2.5% | -1.7% | 12.0% | 13.1% |
| Interest Expense | — | — | — | $62.2M | $57.3M | $40.4M | $30.5M | $36.1M |
| Pretax Income | — | $-463.0M | $-78.9M | $-480.9M | $-96.5M | $-26.5M | $97.3M | $96.9M |
| Income Tax Expense | — | $-125.6M | $-30.2M | $26.8M | $-27.6M | $-28.2M | $18.4M | $15.2M |
| Net Income | — | $-337.4M | $-48.7M | $-309.5M | $-6.6M | $88.9M | $83.8M | $85.8M |
| Net Margin | — | -17.0% | -2.5% | -15.3% | -0.4% | 9.6% | 7.8% | 8.4% |
| EPS (Basic) | — | $-6.19 | $-0.90 | $-5.69 | $-0.18 | $2.83 | $2.68 | $2.78 |
| EPS (Diluted) | — | $-6.19 | $-0.90 | $-5.69 | $-0.18 | $2.80 | $2.66 | $2.76 |
| Shares Outstanding (Basic) | 54.8M | 54.6M | 54.3M | 54.5M | 42.4M | 31.0M | 30.8M | 30.7M |
| Shares Outstanding (Diluted) | 54.8M | 54.6M | 54.3M | 54.5M | 42.4M | 31.4M | 31.1M | 30.8M |
| Dividends Per Share | — | $0.40 | $0.40 | $1.00 | $1.68 | $1.76 | $1.76 | $1.76 |