Magnera Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 28, 2025	Sep '24 Sep 28, 2024	Sep '23 Sep 30, 2023	Oct '22 Oct 1, 2022	Oct '21 Oct 2, 2021
Revenue	2,919	2,187	2,275	2,803	2,827
Revenue Growth (YoY)	34.21%	-3.87%	-18.84%	-0.85%	-
Cost of Revenue	2,612	1,950	1,995	2,425	2,263
Gross Profit	307	237	280	378	564
Selling, General & Admin	173	128	136	144	153
Amortization of Goodwill & Intangibles	53	48	51	53	56
Operating Expenses	226	176	187	197	209
Operating Income	81	61	93	181	355
Interest Expense	-102	-3	-	-4	-
Other Non Operating Income (Expenses)	-28	9	3	-16	-3
EBT Excluding Unusual Items	-49	67	96	161	352
Merger & Restructuring Charges	-44	-30	-24	-9	-2
Impairment of Goodwill	-171	-171	-	-	-
Asset Writedown	-1	-1	-	-	-
Pretax Income	-292	-135	72	152	350
Income Tax Expense	6	19	34	33	40
Net Income	-298	-154	38	119	310
Net Income to Common	-298	-154	38	119	310
Net Income Growth	-	-	-68.07%	-61.61%	-
Free Cash Flow	100	120	169	220	249
Gross Margin	10.52%	10.84%	12.31%	13.49%	19.95%
Operating Margin	2.77%	2.79%	4.09%	6.46%	12.56%
Profit Margin	-10.21%	-7.04%	1.67%	4.25%	10.97%
Free Cash Flow Margin	3.43%	5.49%	7.43%	7.85%	8.81%
EBITDA	295	236	262	349	522
EBITDA Margin	10.11%	10.79%	11.52%	12.45%	18.46%
D&A For EBITDA	214	175	169	168	167
EBIT	81	61	93	181	355
EBIT Margin	2.77%	2.79%	4.09%	6.46%	12.56%
Effective Tax Rate	-	-	47.22%	21.71%	11.43%

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q