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Materion MTRN Precision Optics — Restructuring expense

Other segment segments

Other
$258K

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Other financials

Income statement

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Revenue$613.9M+42.2%
Gross profit$104.3M+26.2%
Operating income$51.7M+40.4%
Net income$38.8M+54.2%
EPS (diluted)$1.84+52.1%

Balance sheet

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Cash & equivalents$20.0M+58.7%
Total debt$511.5M0.0%
Total equity$994.9M+9.2%
Total assets$1.9B+7.4%

Cash flow

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Operating cash flow$74.8M+49.8%
CapEx$14.5M+14.6%
Free cash flow$60.3M+61.8%

Valuation

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Market cap$5.8B+156%
Enterprise value$6.29B+128%
P/E64.3×
P/S2.8×+1.5×

Profitability

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Gross margin16%-3.3pp
Operating margin6%
Net margin4.3%
FCF margin2.4%-2.9pp

Returns & leverage

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Return on equity9.5%
Debt / equity0.5×0.0×
Current ratio2.9×-0.2×

Where this comes from

Reported directly by Materion in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The source filing: Materion’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:59 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104657-26-000044
(Thousands)Reduction in Force / Performance MaterialsReduction in Force / Electronic MaterialsReduction in Force / Precision OpticsReduction in Force / OtherReduction in Force / Consolidated
Balance at December 31, 2025$83$59$9$151
Additional Charges6364158786902,619
Cash Payments(596)(463)(731)(534)(2,324)
Balance at July 3, 2026$40$35$206$165$446

Item 1. Financial Statements

FAQ

What is Materion's precision optics — restructuring expense?
Materion (MTRN) reported precision optics — restructuring expense of $39K in Q2 2026.
How has Materion's precision optics — restructuring expense changed year-over-year?
Materion's precision optics — restructuring expense decreased by 44.3% year-over-year, from $70K to $39K.
What is the long-term trend for Materion's precision optics — restructuring expense?
Over 3 years (2021 to 2025), Materion's precision optics — restructuring expense has grown at a 53.2% compound annual growth rate (CAGR), from -$438K to $1.58M.
What does precision optics — restructuring expense mean?
Captures the costs recognized in the current period related to the reorganization, downsizing, or strategic realignment of the Precision Optics segment. Investors monitor this to understand the impact of one-time transformation initiatives on current period earnings.

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