Mativ Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,987	1,981	2,026	1,637	930.7
Revenue Growth (YoY)	0.30%	-2.22%	23.77%	75.88%	-13.38%
Cost of Revenue	1,624	1,617	1,670	1,331	747.5
Gross Profit	362.9	364.1	355.8	306	183.2
Selling, General & Admin	228.7	233.8	263.9	254.9	185.7
Depreciation & Amortization Expenses	63.2	62.9	61	53.4	-
Research & Development	23.6	23	21.2	18.8	11.8
Other Operating Expenses	431.8	38.1	423.6	19.1	1.9
Total Operating Expenses	747.3	357.8	769.7	346.2	199.4
Operating Income	-384.4	6.3	-413.9	-40.2	-16.2
Interest Expense	-71.1	-74.7	-62.2	-57.3	-40.4
Other Non-Operating Income (Expense)	-7.5	-10.5	-4.8	1	30.1
Total Non-Operating Income (Expense)	-78.6	-85.2	-67	-56.3	-10.3
Pretax Income	-463	-78.9	-480.9	-96.5	-26.5
Provision for Income Taxes	-125.6	-30.2	26.8	-	28.2
Net Income	-337.4	-48.7	-309.5	-34.2	87.8
Earnings From Discontinued Operations	-	-	198.2	62.3	87.2
Net Income to Common	-337.4	-48.7	-309.5	-34.2	87.8
Net Income Growth	-	-	-	-	6.17%
Shares Outstanding (Basic)	55	54	55	42	31
Shares Outstanding (Diluted)	55	54	55	42	31
Shares Change (YoY)	0.54%	-0.36%	28.43%	35.16%	0.95%
EPS (Basic)	-6.19	-0.90	-5.69	-1.64	2.83
EPS (Diluted)	-6.19	-0.90	-5.69	-1.64	2.80
Free Cash Flow	93.8	39.8	40.6	156.6	38.6
Free Cash Flow Growth	135.68%	-1.97%	-74.07%	305.70%	-70.65%
Free Cash Flow Per Share	1.72	0.73	0.74	3.69	1.23
Dividends Per Share	0.400	0.400	1.000	1.680	1.760
Dividend Growth	-	-60.00%	-40.48%	-4.54%	-
Gross Margin	18.26%	18.38%	17.56%	18.69%	19.68%
Operating Margin	-19.35%	0.32%	-20.43%	-2.46%	-1.74%
Profit Margin	-16.98%	-2.46%	-25.06%	-5.90%	-5.88%
FCF Margin	4.72%	2.01%	2.00%	9.57%	4.15%
EBITDA	-243.4	150.1	-266.1	69.7	50.9
EBITDA Margin	-12.25%	7.58%	-13.13%	4.26%	5.47%
EBIT	-384.4	6.3	-413.9	-40.2	-16.2
EBIT Margin	-19.35%	0.32%	-20.43%	-2.46%	-1.74%
Effective Tax Rate	27.13%	38.28%	-5.57%	0.00%	-106.42%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q