Filing Flows › Mativ Holdings (MATV) › Q1 2026
Mativ Holdings (MATV) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Mativ Holdings (MATV) reported revenue of $480M for the first quarter 2026 (Q1 2026), -1% from a year earlier and +4% from the quarter before. Operating margin was 1.5%, net loss $11.7M (2.4% of revenue).
Mativ Holdings, Q1 2026: revenue $480M (-1% year over year), operating margin 1.5%, net loss $11.7M, operating cash flow $1.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $480M | +4% | -1% |
| Operating profit | $7.3M | -28% | — |
| Net earnings | −$11.7M | -112% | — |
| Operating cash flow | $1.0M | -95% | — |
What changed
Revenue was $479.6M in Q1 2026, down 1% year over year and up 4% from the previous quarter. SAS was the largest line at 61% of revenue. SAS lost $5.9M year over year (down 2%), 113% of the total change.
Gross margin was 17.7%, up 2.7 points from Q1 2025. Operating profit was $7.3M, a 1.5% margin (up 90.3 points year over year). Operating expenses fell 85% while revenue fell 1%. The quarter ended with a net loss of $11.7M, after a profit of $100.8M the previous quarter. Net interest and other expense of $16.0M was the main reason.
Operating cash flow was $1.0M. Non-cash charges added back $34.8M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $24.2M. Capital expenditures of $8.4M exceeded it, leaving free cash flow of −$7.4M.
Questions
What was Mativ Holdings' revenue in the first quarter 2026?
Mativ Holdings (MATV) reported revenue of $480M for the first quarter 2026 (Q1 2026), -1% from a year earlier and +4% from the quarter before.
Was Mativ Holdings profitable in the first quarter 2026?
Operating profit was $7.3M (1.5% of revenue) and net loss $11.7M.
Source: Mativ Holdings 10-Q on SEC EDGAR.