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Other financials

Income statement

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Revenue$857.0M+2.1%
Gross profit$112.0M+24.4%
Operating income$22.0M+69.2%
Net income-$20.0M-11.1%
EPS (diluted)-$0.56-9.8%

Balance sheet

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Cash & equivalents$280.0M+1.4%
Total debt$2.0B-5.1%
Total equity$1.0B-10.1%
Total assets$3.8B-6.8%

Cash flow

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Operating cash flow$87.0M+33.8%
CapEx$15.0M+15.4%
Free cash flow$73.0M+73.8%

Valuation

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Market cap$459.6M+1.9%
Enterprise value$2.14B-4.5%
P/S0.1×0.0×

Profitability

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Gross margin11.9%+1.4pp
Operating margin1.9%+1.8pp
Net margin-3.4%-0.8pp
FCF margin3.9%-3.2pp

Returns & leverage

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Return on equity-10.4%+6.1pp
Debt / equity1.9×+0.1×
Current ratio2.4×-0.1×

Where this comes from

Reported directly by Magnera in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Magnera’s 10-K, filed November 25, 2025.

Filed
Nov 25, 2025
Fiscal year
FY2025
Accession
0000041719-25-000110

Research and development costs are expensed when incurred. The Company incurred research and development expenditures of $20 million, $13 million, and $15 million in fiscal years 2025, 2024, and 2023, respectively, which are included in Selling, general and administrative in the Consolidated and Combined Statements of Operations.

Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Magnera's R&D?
Magnera (MAGN) reported R&D of $5M in Q3 2025.
How has Magnera's R&D changed year-over-year?
Magnera's R&D increased by 53.8% year-over-year, from $3.25M to $5M.
What is the long-term trend for Magnera's R&D?
Over 2 years (2023 to 2025), Magnera's R&D has grown at a 15.5% compound annual growth rate (CAGR), from $15M to $20M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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