Filing Flows › Mativ Holdings (MATV) › Q4 2025
Mativ Holdings (MATV) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Mativ Holdings (MATV) reported revenue of $463M for the fourth quarter 2025 (Q4 2025), +1% from a year earlier and -10% from the quarter before. Operating margin was 2.2%, net earnings $101M (21.8% of revenue).
Mativ Holdings, Q4 2025: revenue $463M (+1% year over year), operating margin 2.2%, net earnings $101M, operating cash flow $19.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $463M | -10% | +1% |
| Operating profit | $10.1M | -37% | — |
| Net earnings | $101M | — | — |
| Operating cash flow | $19.3M | -73% | -20% |
| Free cash flow | $8.0M | — | — |
What changed
Revenue was $463.1M in Q4 2025, up 1% year over year and down 10% from the previous quarter. SAS was the largest line at 62% of revenue.
Gross margin was 18.8%, up 1.9 points from a year earlier. Operating profit was $10.1M, a 2.2% margin (up 1.6 points year over year). Of the extra revenue versus a year earlier, 167% reached operating profit, above the 1% margin then. Operating expenses grew 3% against revenue growth of 1%. Net earnings were $100.8M, up 6620% year over year.
Operating cash flow was $19.3M (down 20% year over year), 19% of net earnings. Non-cash charges added back $34.7M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $118.7M. After capital spending ($11.3M), free cash flow as the company reports it was $8.0M.
Questions
What was Mativ Holdings' revenue in the fourth quarter 2025?
Mativ Holdings (MATV) reported revenue of $463M for the fourth quarter 2025 (Q4 2025), +1% from a year earlier and -10% from the quarter before.
Was Mativ Holdings profitable in the fourth quarter 2025?
Operating profit was $10.1M (2.2% of revenue) and net earnings $101M.
Source: Mativ Holdings 10-K on SEC EDGAR.