Filing Flows › Mativ Holdings (MATV) › Q3 2026 › vs Q3 2025
Mativ Holdings (MATV) Q3 2026 vs Q3 2025 (year over year)
Mativ Holdings's revenue fell $14.2M (-3%) from $514M in Q3 2025 to $500M in Q3 2026. The biggest changes: SAS −$34.4M (-11%); FAM +$20.2M (+10%).
Mativ Holdings, Q3 2026: revenue $500M (-3% year over year), operating margin 4.0%, net loss $1.2M, operating cash flow $48.5M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 7.5% | 13.0% | -5.5 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| SAS | $281M | $315M | −$34.4M | -11% |
| FAM | $218M | $198M | $20.2M | +10% |
| Revenue | $500M | $514M | −$14.2M | -3% |
| Net loss | $1.2M | $3.2M | −$2.0M | -62% |
| Costs & expenses | $501M | $519M | −$18.6M | -4% |
| Operating costs | $480M | $498M | −$18.1M | -4% |
| Interest & other, net | $18.5M | $21.6M | −$3.1M | -14% |
| Income tax | $2.6M | −$2.4M | $5.0M | — |
| Cost of revenue | $402M | $414M | −$12.5M | -3% |
| Research & development | $4.8M | $5.6M | −$800K | -14% |
| SG&A | $54.8M | $53.7M | $1.1M | +2% |
| Other operating costs | $18.2M | $24.1M | −$5.9M | -24% |
| Operating cash sources | $49.7M | $76.0M | −$26.3M | -35% |
| Depreciation & amortization | $33.2M | $34.8M | −$1.6M | -5% |
| Share-based compensation | $2.1M | $2.4M | −$300K | -12% |
| Working capital & other | $14.4M | $38.8M | −$24.4M | -63% |
| Net loss absorbed | $1.2M | $3.2M | −$2.0M | -62% |
| Operating cash flow | $48.5M | $72.8M | −$24.3M | -33% |
| Free cash flow (company-reported) | $37.5M | $66.7M | −$29.2M | -44% |
| Capital spending | $11.0M | $6.1M | $4.9M | +80% |
Questions
How much did Mativ Holdings's revenue grow year over year in Q3 2026?
Mativ Holdings's revenue fell $14.2M (-3%) from $514M in Q3 2025 to $500M in Q3 2026.
What drove Mativ Holdings's revenue change in Q3 2026?
SAS −$34.4M (-11%); FAM +$20.2M (+10%).