Mativ Holdings, Inc. income statement

In fiscal 2025, Mativ Holdings, Inc. reported revenue of $1.99bn, up 0.3% on the year before, operating income of −$384m (a -19.3% margin) and net income of −$337m, or −$6.19 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.

Mativ Holdings, Inc.: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	720	727	788	779	773	794	764	840	982	1,041	1,023	1,074	931	1,637	2,026	1,981	1,987	1,988
Cost of revenue	—	—	—	—	—	—	—	582	699	763	733	766	748	1,331	1,670	1,617	1,624	1,603
Gross profit	188	195	243	260	253	219	224	258	283	279	290	308	183	306	356	364	363	385
Research and development	8	9	9	10	15	16	14	18	18	15	14	14	12	19	21	23	24	21
Selling, general and administrative	—	—	—	—	—	—	—	—	—	—	—	—	—	255	264	234	229	220
General and administrative	47	45	57	55	50	62	71	80	96	91	105	117	153	—	—	—	—	—
Operating income	89	111	125	152	125	106	103	110	128	135	134	129	−16	−40	−414	6	−384	69
Interest expense	4	2	2	3	3	7	10	17	27	28	36	31	40	57	62	75	71	72
Income before tax	84	109	120	150	128	108	106	93	102	117	97	97	−27	−97	−481	−79	−463	−18
Income tax	25	40	33	50	53	21	22	15	70	11	15	18	−28	−28	27	−30	−126	−107
Net income	36	65	93	80	76	90	90	83	35	95	86	84	89	−7	−310	−49	−337	90
Diluted EPS	$1.10	$1.76	$2.73	$2.51	$2.42	$2.93	$2.94	$2.70	$1.12	$3.06	$2.76	$2.66	$2.80	−$0.18	−$5.69	−$0.90	−$6.19	$1.63
Diluted shares (average)	32m	36m	33m	31m	31m	30m	30m	30m	31m	31m	31m	31m	31m	42m	55m	54m	55m	55m
EBITDA	133	150	167	190	162	151	144	155	188	197	192	199	51	70	−266	150	−243	192

US$ millions unless shown otherwise. Fiscal quarters.

Mativ Holdings, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	499	459	485	525	514	463	480	532
Cost of revenue	405	381	412	422	414	376	395	419
Gross profit	94	78	73	104	99	87	85	113
Research and development	6	6	6	7	6	5	6	5
Selling, general and administrative	54	53	63	57	54	55	55	57
Operating income	7	3	−431	20	16	10	7	35
Interest expense	18	20	18	19	18	17	18	19
Income before tax	−24	−16	−450	3	−6	−10	−9	7
Income tax	−3	−17	−25	13	−2	−111	3	3
Net income	−21	2	−426	−10	−3	101	−12	4
Diluted EPS	−$0.38	$0.03	−$7.82	−$0.18	−$0.06	$1.85	−$0.22	$0.06
EBITDA	43	38	−395	40	51	45	42	54

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.

Compare with peers

Head to head: CLW vs MATV MATV vs SON GPK vs MATV MATV vs PACK

More: Paper & Plastic Packaging Products & Materials stocks compared, Materials sector, rankings of US companies

Figures from Mativ Holdings, Inc.'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 Mativ Holdings, Inc.