Mativ Announces Third Quarter 2026 Results
Q3 sales $499.5M down 2.8% y/y on tornado; adj. EPS $0.31, GAAP EPS $(0.03); adj. EBITDA $62.3M, down 7%; FCF $90.5M, up 5%.
What this release says
Mativ reported third-quarter 2026 sales of $499.5 million, down 2.8% year over year, mainly because of a July tornado in Wisconsin that disrupted operations. The company posted a small GAAP loss but positive adjusted EPS of $0.31, and says it expects inventory losses from the tornado to be fully recoverable. For a shareholder, the quarter shows solid cash generation and a debt level that fell year over year, though profit and sales were weaker than the prior year.
Key figures
- Q3 2026 net sales
- $499.5 million
- Adjusted EPS
- $0.31
- Adjusted EBITDA
- $62.3 million
- Free cash flow
- $90.5 million
- Total debt
- $976.4 million
- Quarterly dividend
- $0.10 per share
Positive for shareholders
- Free cash flow rose 5% and operating cash flow rose 3% versus the prior year period.
- Filtration & Advanced Materials sales grew 10.2% on a reported basis, with the segment's strongest sales growth ever.
- Total debt fell $52.5 million year over year.
- The company expects inventory losses from the tornado to be fully recoverable.
Negative for shareholders
- Sales fell 2.8% year over year, and 2.3% on an organic basis.
- Adjusted EBITDA dropped 7% from the prior year period.
- GAAP results showed a loss of $1.2 million, and GAAP EPS was $(0.03).
- Restructuring and impairment expenses reduced results by $0.08 per share.
Written by Quantisnow AI from this release. Not financial advice.
Key terms
- Adjusted EBITDA:
- Earnings before interest, taxes, depreciation and amortization, excluding certain one-time or non-operating items that management chooses to remove.
- Organic basis:
- A sales growth measure that excludes the effects of acquisitions, divestitures and currency changes.
- Free cash flow:
- Cash from operations minus capital spending, showing cash left after running and investing in the business.
- Net debt:
- Total debt minus cash and cash equivalents on hand.
FAQ
Why did Mativ's sales decline in the third quarter of 2026?
The release says sales decreased mainly because of the previously disclosed tornado in Wisconsin, which disrupted operations in July.
Will Mativ recover the inventory lost in the tornado?
Management said it expects the inventory losses to be fully recoverable and that recovery remains on plan.
Is Mativ still paying a dividend?
Yes, the company announced a quarterly cash dividend of $0.10 per share, payable on December 18, 2026 to holders of record as of November 27, 2026.
Historical context for MATV
Across the 14 sessions after earlier MATV headlines, the stock closed higher 8 times and lower 6 times, with a median move of 3.9% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | MATV | SPY |
|---|---|---|---|
| Nov 4, 2026 | Mativ Announces Participation in Upcoming Investor Conference | +8.3% | +1.7% |
| Oct 16, 2026 | Mativ Announces Conference Call to Discuss Third Quarter 2026 Results | -3.9% | -1.1% |
| Aug 14, 2026 | Mativ Announces Participation in Upcoming Investor Conferences | +1.0% | -0.2% |
| Aug 6, 2026 | Mativ Announces Second Quarter 2026 Results | +22.0% | -0.2% |
| Jul 17, 2026 | Mativ Announces Conference Call to Discuss Second Quarter 2026 Results | -2.3% | -1.0% |
| May 20, 2026 | Mativ Announces Participation in Upcoming Investor Conferences | +5.7% | +1.0% |
Keep researching MATV
- MATV earnings historyPast Mativ Holdings Inc. earnings releases, newest first.
- What is Earnings per share?A company's net income available to common shareholders divided by its weighted average shares outstanding, reported as basic and diluted figures.
- How to read an earnings reportAn earnings report is a company's quarterly results release, usually filed under 8-K Item 2.02. Learn how to read revenue, EPS, margins, guidance and the 10-Q.
- Earnings calendarWho reports this week, and the results as they come out.
- MATV financial statementsRevenue, profit, cash flow and balance sheet from Mativ Holdings Inc.'s SEC filings.
- MATV insider tradesEvery buy and sale reported by Mativ Holdings Inc. officers, directors and large holders.
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