Materion Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 3, 2026	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	1,916	1,787	1,685	1,665	1,757	1,511
Revenue Growth (YoY)	11.41%	6.04%	1.17%	-5.23%	16.32%	28.43%
Cost of Revenue	1,602	1,478	1,359	1,316	1,413	1,227
Gross Profit	314.28	308.63	325.99	349.04	343.88	283.76
Selling, General & Admin	143.81	143.06	145.59	157.91	169.34	163.78
Research & Development	25.59	25.94	29.03	27.54	28.98	26.58
Other Operating Expenses	34.1	29.83	104.15	27.15	25.81	16.3
Total Operating Expenses	203.51	198.83	278.76	212.6	224.13	206.65
Operating Income	110.78	109.8	47.22	136.44	119.76	77.11
Interest Expense	-31.35	-30.69	-34.76	-31.32	-21.91	-4.9
Other Non-Operating Income (Expense)	2.08	2.44	2.44	2.71	5.25	5.12
Total Non-Operating Income (Expense)	-29.27	-28.26	-32.32	-28.61	-16.66	0.21
Pretax Income	81.5	81.54	14.9	107.83	103.1	77.33
Provision for Income Taxes	5.01	6.72	9.01	12.13	17.11	4.85
Net Income	76.5	74.82	5.89	95.7	85.99	72.47
Net Income to Common	76.5	74.82	5.89	95.7	85.99	72.47
Net Income Growth	651.67%	1170.77%	-93.85%	11.29%	18.65%	368.72%
Shares Outstanding (Basic)	21	21	21	21	21	20
Shares Outstanding (Diluted)	21	21	21	21	21	21
Shares Change (YoY)	0.01%	-0.08%	0.08%	0.73%	0.34%	0.42%
EPS (Basic)	3.69	3.61	0.28	4.64	4.19	3.55
EPS (Diluted)	3.66	3.58	0.28	4.58	4.14	3.50
EPS Growth	632.00%	1178.57%	-93.89%	10.63%	18.29%	366.67%
Shares Outstanding	20.8	20.74	20.76	20.65	20.54	20.45
Free Cash Flow	27.19	49.96	19.17	33.86	38.35	-12.67
Free Cash Flow Growth	-45.59%	160.66%	-43.40%	-11.70%	-	-
Free Cash Flow Per Share	1.30	2.39	0.92	1.62	1.85	-0.61
Dividends Per Share	0.560	0.555	0.535	0.515	0.495	0.475
Dividend Growth	0.90%	3.74%	3.88%	4.04%	4.21%	4.40%
Gross Margin	16.40%	17.27%	19.35%	20.96%	19.57%	18.78%
Operating Margin	5.78%	6.15%	2.80%	8.19%	6.82%	5.10%
Profit Margin	3.99%	4.19%	0.35%	5.75%	4.89%	4.80%
FCF Margin	1.42%	2.80%	1.14%	2.03%	2.18%	-0.84%
EBITDA	181.74	178.87	115.9	198.09	173.19	121.25
EBITDA Margin	9.49%	10.01%	6.88%	11.90%	9.86%	8.03%
EBIT	110.78	109.8	47.22	136.44	119.76	77.11
EBIT Margin	5.78%	6.15%	2.80%	8.19%	6.82%	5.10%
Effective Tax Rate	6.14%	8.24%	60.49%	11.25%	16.60%	6.27%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q