Filing Flows › Materion (MTRN) › Q4 2025
Materion (MTRN) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 12, 2026
Materion (MTRN) reported revenue of $490M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and +10% from the quarter before. Operating margin was 2.2%, net earnings $6.6M (1.3% of revenue).
Materion, Q4 2025: revenue $490M (+12% year over year), operating margin 2.2%, net earnings $6.6M, operating cash flow $19.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $490M | +10% | +12% |
| Gross profit | $63.7M | -26% | -32% |
| Operating profit | $10.8M | -69% | — |
| Net earnings | $6.6M | -74% | — |
| Operating cash flow | $19.5M | +7% | -74% |
| Free cash flow | $5.0M | +10% | -91% |
What changed
Revenue was $489.8M in Q4 2025, up 12% year over year and up 10% from the previous quarter. Semiconductor was the largest line at 57% of revenue.
Gross margin was 13.0%, down 8.3 points from a year earlier. Operating profit was $10.8M, a 2.2% margin (up 11.0 points year over year). Operating expenses fell 60% while revenue rose 12%. Net earnings were $6.6M. The effective tax rate was -97.3%.
Operating cash flow was $19.5M (down 74% year over year), 297% of net earnings. Non-cash charges added back $17.5M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items used $7.0M. Capital expenditures of $14.5M left free cash flow of $5.0M.
Questions
What was Materion's revenue in the fourth quarter 2025?
Materion (MTRN) reported revenue of $490M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and +10% from the quarter before.
Was Materion profitable in the fourth quarter 2025?
Operating profit was $10.8M (2.2% of revenue) and net earnings $6.6M.
Source: Materion 10-K on SEC EDGAR.