Filing Flows › Magnera (MAGN) › Q2 FY26
Magnera (MAGN) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 7, 2026
Magnera (MAGN) reported revenue of $796M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and +0.5% from the quarter before. Operating margin was 2.1%, net loss $18.0M (2.3% of revenue).
Magnera, Q2 FY26: revenue $796M (-3% year over year), operating margin 2.1%, net loss $18.0M, operating cash flow $87.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $796M | +0.5% | -3% |
| Operating profit | $17.0M | +21% | +325% |
| Net earnings | −$18.0M | — | — |
| Operating cash flow | $87.0M | 44× | +34% |
| Free cash flow | $73.0M | — | — |
What changed
Revenue was $796.0M in Q2 FY26, down 3% year over year and up 1% from the previous quarter.
Operating profit was $17.0M, a 2.1% margin (up 1.7 points year over year). Total costs fell 5% while revenue fell 3%. The quarter ended with a net loss of $18.0M, narrower than the previous quarter's $34.0M loss. Net interest and other expense of $34.0M was the main reason.
Operating cash flow was $87.0M (up 34% year over year). Non-cash charges added back $51.0M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $50.0M. After itions to property, plant and equipment ($14.0M), free cash flow as the company reports it was $73.0M.
Questions
What was Magnera's revenue in the second quarter fiscal 2026?
Magnera (MAGN) reported revenue of $796M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and +0.5% from the quarter before.
Was Magnera profitable in the second quarter fiscal 2026?
Operating profit was $17.0M (2.1% of revenue) and net loss $18.0M.
Source: Magnera 10-Q on SEC EDGAR.