Filing Flows › Materion (MTRN) › How it makes money
How Materion (MTRN) makes money
Materion (MTRN) made $567M of revenue in the third quarter 2026 (Q3 2026), +28% from a year earlier. Semiconductor brought in $282M (50%); Aerospace and defense brought in $74.1M (13%); Industrial brought in $54.9M (10%). Of every dollar of revenue, 18¢ was left as gross profit, 9¢ was left as operating profit, 7¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Semiconductor | $282M | 49.8% | -7% | +35% |
| Aerospace and defense | $74.1M | 13.1% | -0.8% | +45% |
| Industrial | $54.9M | 9.7% | -2% | +17% |
| Consumer electronics | $51.2M | 9.0% | -15% | -3% |
| Other | $34.4M | 6.1% | +10% | +33% |
| Energy | $32.4M | 5.7% | -39% | +15% |
| Automotive | $20.8M | 3.7% | +1% | +19% |
| Life sciences | $17.2M | 3.0% | +30% | +22% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $567M | 100.0% |
| Cost of revenue | $464M | 81.7% |
| Gross profit | $104M | 18.3% |
| Operating expenses | $53.3M | 9.4% |
| Operating profit | $50.4M | 8.9% |
| Income tax | $5.8M | 1.0% |
| Net earnings | $38.3M | 6.8% |
| Operating cash flow | $72.2M | 12.7% |
| Free cash flow | $45.8M | 8.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $567M | +28% |
| Q2 2026 | $614M | +42% |
| Q1 2026 | $550M | +31% |
| Q4 2025 | $490M | +12% |
| Q3 2025 | $445M | +2% |
| Q2 2025 | $432M | +1% |
| Q1 2025 | $420M | +9% |
From Materion's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Materion make money?
Materion (MTRN) made $567M of revenue in the third quarter 2026 (Q3 2026), +28% from a year earlier. Semiconductor brought in $282M (50%); Aerospace and defense brought in $74.1M (13%); Industrial brought in $54.9M (10%). Of every dollar of revenue, 18¢ was left as gross profit, 9¢ was left as operating profit, 7¢ was left as net earnings.
What is Materion's biggest business?
Semiconductor: $282M in the third quarter 2026, 50% of revenue, +35% from a year earlier.
What is Materion's profit margin?
Net earnings were $38.3M, 6.8% of revenue, in the third quarter 2026; the operating margin was 8.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.