Magnera Corp income statement

In fiscal 2025, Magnera Corp reported revenue of $3.20bn, up 46.5% on the year before, operating income of $5.0m (a 0.2% margin) and net income of −$159m, or −$4.47 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Magnera Corp: income statement, annual
Fiscal year	2010Dec 2009	2011Dec 2010	2012Dec 2011	2013Dec 2012	2014Dec 2013	2015Dec 2014	2016Dec 2015	2017Dec 2016	2018Dec 2017	2019Dec 2018	2020Dec 2019	2021Dec 2020	2022Dec 2021	2023Sept 2023	2024Sept 2024	2025Sept 2025	LTMJun 2026
Revenue	1,197	1,466	1,612	1,585	1,726	1,810	1,667	1,611	800	866	928	916	1,085	2,275	2,187	3,204	3,284
Cost of revenue	—	—	—	—	—	—	—	629	657	736	780	769	940	1,995	1,950	2,867	2,892
Gross profit	270	186	206	214	219	235	203	132	144	130	148	148	145	280	237	337	392
Research and development	—	—	—	—	—	—	—	—	—	—	—	—	—	15	13	20	—
Selling, general and administrative	110	122	125	122	134	133	128	153	111	112	95	99	121	110	107	190	202
Operating income	160	65	85	102	87	107	96	−22	33	22	55	49	29	69	−141	5	63
Interest expense	19	26	32	19	18	19	17	14	13	16	10	7	12	0	3	141	151
Net interest income	—	−26	−32	−19	−18	—	—	—	—	—	—	—	—	—	—	—	—
Income before tax	143	34	51	79	69	87	79	−43	19	7	−34	32	14	72	−135	−166	−97
Income tax	20	−21	8	20	2	18	14	−28	25	8	−9	12	7	34	19	−7	15
Net income	123	54	43	59	67	69	65	22	8	−178	−22	21	7	38	−154	−159	−112
Diluted EPS	$2.70	$1.17	$0.93	$1.36	$1.52	$1.57	$1.47	$0.49	$0.18	−$4.06	−$0.49	$0.48	$0.15	$1.19	−$4.84	−$4.47	−$3.14
Diluted shares (average)	—	46m	46m	44m	44m	44m	44m	44m	44m	44m	44m	45m	45m	32m	32m	36m	36m
EBITDA	222	130	155	171	155	177	160	18	75	69	105	106	90	238	34	211	250

US$ millions unless shown otherwise. Fiscal quarters.

Magnera Corp: income statement, quarterly
Quarter	2024 Q4Sept 2024	2025 Q1Dec 2024	2025 Q2Mar 2025	2025 Q3Jun 2025	2025 Q4Sept 2025	2026 Q1Dec 2025	2026 Q2Mar 2026	2026 Q3Jun 2026
Revenue	332	702	824	839	839	792	796	857
Cost of revenue	297	631	736	749	751	695	701	745
Gross profit	35	71	88	90	88	97	95	112
Selling, general and administrative	33	47	47	50	46	50	50	56
Operating income	3	−22	4	13	10	14	17	22
Interest expense	18	26	39	37	39	40	35	37
Income before tax	−19	−69	−40	−24	−33	−29	−17	−18
Income tax	1	−9	1	−6	7	5	1	2
Net income	−15	−60	−41	−18	−40	−34	−18	−20
Diluted EPS	−$0.33	−$1.69	−$1.15	−$0.51	−$1.12	−$0.95	−$0.50	−$0.56
EBITDA	19	31	62	71	47	63	68	72

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Magnera Corp's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Magnera Corp.