Mativ Holdings, Inc. (MATV) Form 10-Q — Aug 6, 2026

$MATVForm 10-QFiled Aug 6, 2026, 4:35 PM ET0001000623-26-000067Original filing

Mativ Holdings returned to quarterly profitability in Q2 2026, posting net income of $3.6 million ($0.06 diluted EPS) on net sales of $531.8 million, versus a $9.5 million loss a year earlier, with gross margin expanding to 21.3% from 19.7%. On April 3, 2026 the company completed a refinancing under the Ninth Amendment to its credit agreement, replacing its prior facilities with a $305.0 million revolver, an $89.9 million Term Loan A and a $500.0 million Term Loan B, recognizing an $8.7 million loss on debt extinguishment. Total debt stood at $974.5 million at quarter-end with net leverage of 3.8x against a 5.00x covenant maximum, and the company was in compliance with all covenants.

Key figures

Eps: $0.06 diluted Q2 2026; $(0.15) diluted six months 2026
Revenue: $531.8M (Q2 2026); $1,011.4M (six months 2026)
Net Income: $3.6M Q2 2026 (vs $(9.5)M prior year); $(8.1)M six months 2026 (vs $(435.0)M)
Total Debt: $974.5M
Total Assets: $1,990.7M
Cash Position: $66.3M
Shares Outstanding: 55190098
Term Loan A: $89.9M
Term Loan B: $500.0M
Net Leverage: 3.8x vs current 5.00x covenant maximum
Gross Profit Q2: $113.3M (21.3% of sales) vs $103.7M (19.7%) prior year
Senior Notes2029: $400.0M at 8.000% due October 1, 2029
Dividend Per Share: $0.10 payable September 25, 2026
Interest Expense Q2: $19.3M
Operating Profit Q2: $35.3M vs $20.1M prior year
Revolving Facility: $305.0M ($279.2M undrawn)
Segment Net Sales Q2: FAM $201.7M; SAS $330.1M
Loss On Debt Extinguishment: $8.7M
Operating Cash Flow Six Months: $68.9M vs $41.7M prior year
Buyback Authorization Remaining: $22.0M of $30.0M
Prior Year Six Month Goodwill Impairment: $411.9M (six months 2025)

Price after filing

1 day: +40.1%7 days: +31.4%30 days: +37.6%

Close on the filing date to close N calendar days later (from $9.20). Historical, not a forecast.

AI analysis

Red flags6 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

Upgrade to Pro · $49/mo billed annually

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.