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Segments

By segment

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Other$11.73M+59.5%
Precision Optics$4.99M+15.6%

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:SellingGeneralAndAdministrativeExpense.

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
Net sales$613,906$431,658$1,163,730$851,988
Cost of sales509,564349,000977,553693,151
Gross margin104,34282,658186,177158,837
Selling, general, and administrative expense42,32135,03978,52170,484
Research and development expense6,5626,41312,71912,918
Restructuring expense3244792,6192,517
Other—net3,4243,90812,4328,904
Operating profit51,71136,81979,88664,014

Item 1. Financial Statements

FAQ

What is Materion's SG&A?
Materion (MTRN) reported SG&A of $42.32M in Q2 2026.
How has Materion's SG&A changed year-over-year?
Materion's SG&A increased by 20.8% year-over-year, from $35.04M to $42.32M.
What is the long-term trend for Materion's SG&A?
Over 4 years (2021 to 2025), Materion's SG&A has grown at a -3.3% compound annual growth rate (CAGR), from $163.78M to $143.06M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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