MATERION Corp (MTRN) Form 8-K — Aug 5, 2026

$MTRNForm 8-KItems 2.02, 9.01Filed Aug 5, 2026, 6:47 AM ET0001104657-26-000042Original filing

Materion Corporation posted record second-quarter 2026 results, with net sales of $613.9 million, up from $431.7 million a year ago, and record adjusted EBITDA of $71.8 million, or 23.3% of value-added sales, exceeding a 23% quarterly margin for the first time in company history. Net income was $38.8 million, or $1.84 per diluted share, versus $25.1 million, or $1.21, in the prior-year period, with adjusted EPS of $1.90 versus $1.37, a roughly 39% increase. Q2 free cash flow was $59 million at roughly 150% cash conversion. Management raised full-year 2026 adjusted EPS guidance to $6.80-$7.20, a 30% increase from 2025 at the midpoint, on expected mid-teens top-line growth.

Key figures

Eps: $1.84 diluted GAAP; $1.90 adjusted (vs. $1.21 GAAP / $1.37 adjusted prior year)
Revenue: $613.9 million (Q2 2026 net sales)
Guidance: Full-year 2026 adjusted EPS raised to $6.80-$7.20, up 30% vs. 2025 at the midpoint; mid-teens top-line growth expected
Net Income: $38.8 million (vs. $25.1 million prior year)
Total Debt: ~$440.7 million ($17.5 million short-term + $423.2 million long-term)
Revenue Yoy: +42% vs. $431.7 million prior-year period (value-added sales +15% to $308.2 million)
Total Assets: $1.87 billion as of July 3, 2026
Cash Position: $20.0 million cash and equivalents as of July 3, 2026
H1 Net Sales: $1,163.7 million (six months ended July 3, 2026)
Free Cash Flow: $58.7 million in Q2, ~151% conversion of net income
Backlog Growth: record backlog, up ~30% year over year and ~20% since beginning of year
Adjusted EBITDA: $71.8 million record, 23.3% of value-added sales vs. $55.8 million / 20.8% prior year (250 bps margin expansion)
Operating Profit: $51.7 million vs. $36.8 million prior year
Value Added Sales: $308.2 million vs. $269.0 million prior year
Adjusted Net Income: $40.1 million excluding acquisition amortization
New Business Awards: ~$15 million for advanced engine-performance materials for a large commercial space customer

Price after filing

1 day: 0.0%7 days: +24.7%30 days: +5.9%

Close on the filing date to close N calendar days later (from $227.10). Historical, not a forecast.

AI analysis

Red flags5 · 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.