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Materion MTRN Operating Income

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$129M-20.4%

Other financials

Income statement

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Revenue$613.9M+42.2%
Gross profit$104.3M+26.2%
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$6.18B+173%
Enterprise value$6.67B+142%
P/E68.6×
P/S+1.6×

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:OperatingIncomeLoss.

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, except per share amounts)Second Quarter Ended / July 3, 2026Second Quarter Ended / June 27, 2025Six Months Ended / July 3, 2026Six Months Ended / June 27, 2025
Research and development expense6,5626,41312,71912,918
Restructuring expense3244792,6192,517
Other—net3,4243,90812,4328,904
Operating profit51,71136,81979,88664,014
Other non-operating income—net(317)(567)(627)(1,233)
Interest expense—net7,5268,23015,10415,147
Income before income taxes44,50229,15665,40950,100
Income tax expense5,7444,0167,2777,262

Item 1. Financial Statements

FAQ

What is Materion's operating income?
Materion (MTRN) reported operating income of $51.71M in Q2 2026.
How has Materion's operating income changed year-over-year?
Materion's operating income increased by 40.4% year-over-year, from $36.82M to $51.71M.
What is the long-term trend for Materion's operating income?
Over 3 years (2021 to 2025), Materion's operating income has grown at a 12.5% compound annual growth rate (CAGR), from $77.11M to $109.8M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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