Filing Flows › Materion (MTRN) › Q3 2025
Materion (MTRN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Materion (MTRN) reported revenue of $445M for the third quarter 2025 (Q3 2025), +2% from a year earlier and +3% from the quarter before. Operating margin was 7.9%, net earnings $25.4M (5.7% of revenue).
Materion, Q3 2025: revenue $445M (+2% year over year), operating margin 7.9%, net earnings $25.4M, operating cash flow $18.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $445M | +3% | +2% |
| Gross profit | $86.1M | +4% | +6% |
| Operating profit | $34.9M | -5% | +12% |
| Net earnings | $25.4M | +1% | +14% |
| Operating cash flow | $18.3M | -63% | +259% |
| Free cash flow | $4.5M | — | — |
What changed
Revenue was $444.8M in Q3 2025, up 2% year over year and up 3% from the previous quarter. Semiconductor was the largest line at 47% of revenue. Other added $9.1M year over year (up 55%), 113% of the total change. Automotive declined 19%.
Gross margin was 19.4%, up 0.8 points from a year earlier. Operating profit was $34.9M, a 7.9% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 46% reached operating profit, above the 7% margin then. Operating expenses grew 3% against revenue growth of 2%. Net earnings were $25.4M, up 14% year over year. The effective tax rate was 9.6%.
Operating cash flow was $18.3M (up 259% year over year), 72% of net earnings. Non-cash charges added back $17.5M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items used $27.7M. Capital expenditures of $13.7M left free cash flow of $4.5M.
Questions
What was Materion's revenue in the third quarter 2025?
Materion (MTRN) reported revenue of $445M for the third quarter 2025 (Q3 2025), +2% from a year earlier and +3% from the quarter before.
Was Materion profitable in the third quarter 2025?
Operating profit was $34.9M (7.9% of revenue) and net earnings $25.4M.
Source: Materion 10-Q on SEC EDGAR.