Filing Flows › Mativ Holdings (MATV) › Q1 2025
Mativ Holdings (MATV) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Mativ Holdings (MATV) reported revenue of $485M for the first quarter 2025 (Q1 2025), -3% from a year earlier and +6% from the quarter before. Operating margin was -88.8%, net loss $426M (87.8% of revenue).
Mativ Holdings, Q1 2025: revenue $485M (-3% year over year), operating margin -88.8%, net loss $426M, operating cash flow −$15.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $485M | +6% | -3% |
| Operating profit | −$431M | — | — |
| Net earnings | −$426M | — | — |
| Operating cash flow | −$15.9M | — | — |
What changed
Revenue was $484.8M in Q1 2025, down 3% year over year and up 6% from the previous quarter. SAS was the largest line at 61% of revenue. FAM lost $15.1M year over year (down 7%), 98% of the total change.
Gross margin was 15.0%, down 1.8 points from a year earlier. Operating costs exceeded revenue by $430.6M, an operating margin of -88.8%. Operating expenses grew 415% against a revenue fall of 3%. The fastest-growing cost line was Other operating costs (+1336%). The quarter ended with a net loss of $425.5M, after a profit of $1.5M the previous quarter.
Operating cash flow was −$15.9M. Non-cash charges added back $35.3M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items added $370.7M. Capital expenditures of $13.9M exceeded it, leaving free cash flow of −$29.8M.
Questions
What was Mativ Holdings' revenue in the first quarter 2025?
Mativ Holdings (MATV) reported revenue of $485M for the first quarter 2025 (Q1 2025), -3% from a year earlier and +6% from the quarter before.
Was Mativ Holdings profitable in the first quarter 2025?
Operating loss was $431M (-88.8% of revenue) and net loss $426M.
Source: Mativ Holdings 10-Q on SEC EDGAR.