Filing Flows › Matthews International (MATW) › Q2 FY26 › vs Q1 FY26
Matthews International (MATW) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Matthews International's revenue fell $26.1M (-9%) from $285M in Q1 FY26 to $259M in Q2 FY26. The biggest changes: Industrial Technologies −$25.7M (-37%); Memorialization +$11.1M (+5%).
Matthews International, Q2 FY26: revenue $259M (-40% year over year), operating margin -1.2%, net loss $21.8M, operating cash flow −$15.4M. The chart draws each line against Q1 FY26, the increases inside each band.
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Memorialization | $215M | $204M | $11.1M | +5% |
| Industrial Technologies | $43.4M | $69.0M | −$25.7M | -37% |
| Revenue | $259M | $285M | −$26.1M | -9% |
| Income tax benefit | $6.2M | −$40.8M | $47.0M | — |
| Net loss | $21.8M | −$43.6M | $65.5M | — |
| Costs & expenses | $287M | $285M | $1.9M | +0.7% |
| Operating costs | $262M | $187M | $74.6M | +40% |
| Interest & other, net | $24.9M | $13.1M | $11.8M | +90% |
| Cost of revenue | $157M | $185M | −$28.5M | -15% |
| Operating cash sources | $32.1M | $69.1M | −$37.0M | -54% |
| Depreciation & amortization | $11.5M | $12.7M | −$1.2M | -9% |
| Share-based compensation | $5.1M | $4.4M | $729K | +17% |
| Cash used in operations | $15.4M | $52.0M | −$36.6M | -70% |
| Net loss absorbed | $21.8M | −$43.6M | $65.5M | — |
| Working capital & other | $10.2M | $113M | −$102M | -91% |
Questions
How much did Matthews International's revenue grow quarter over quarter in Q2 FY26?
Matthews International's revenue fell $26.1M (-9%) from $285M in Q1 FY26 to $259M in Q2 FY26.
What drove Matthews International's revenue change in Q2 FY26?
Industrial Technologies −$25.7M (-37%); Memorialization +$11.1M (+5%).