Filing Flows › Matthews International (MATW) › Q4 FY25
Matthews International (MATW) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 21, 2025
Matthews International (MATW) reported revenue of $319M for the fourth quarter fiscal 2025 (Q4 FY25), -29% from a year earlier and -9% from the quarter before. Operating margin was -3.6%, net loss $27.5M (8.6% of revenue).
Matthews International, Q4 FY25: revenue $319M (-29% year over year), operating margin -3.6%, net loss $27.5M, operating cash flow $10.3M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $319M | -9% | -29% |
| Operating profit | −$11.4M | -115% | — |
| Net earnings | −$27.5M | -279% | — |
| Operating cash flow | $10.3M | — | -71% |
| Free cash flow | $903K | — | -96% |
What changed
Revenue was $318.8M in Q4 FY25, down 29% year over year and down 9% from the previous quarter.
Gross margin was 36.3%, up 10.1 points from Q4 FY24. Operating costs exceeded revenue by $11.4M, an operating margin of -3.6%. Operating expenses fell 24% while revenue fell 29%. The quarter ended with a net loss of $27.5M, after a profit of $15.4M the previous quarter. Net interest and other expense of $13.8M was the main reason.
Operating cash flow was $10.3M (down 71% year over year). Non-cash charges added back $15.2M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $19.4M. Capital expenditures of $9.4M left free cash flow of $903K.
Questions
What was Matthews International's revenue in the fourth quarter fiscal 2025?
Matthews International (MATW) reported revenue of $319M for the fourth quarter fiscal 2025 (Q4 FY25), -29% from a year earlier and -9% from the quarter before.
Was Matthews International profitable in the fourth quarter fiscal 2025?
Operating loss was $11.4M (-3.6% of revenue) and net loss $27.5M.