Here are the 10-K annual reports from Materion Corporation (MTRN) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow MTRN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MTRN filings page.
Materion Corporation reports 2025 results showing higher revenue but softer profitability. Net sales rose to $1.8 billion from $1.68 billion, driven mainly by Electronic Materials and Precision Optics, including higher precious metal pass-through in Electronic Materials.
Value-added sales, which exclude metal pass-through, declined to $1.05 billion, and gross margin fell to $308.6 million, or 17% of net sales. Margin was pressured by lower volumes and $25.7 million of charges tied to a quality issue in the Performance Materials segment, which temporarily idled facilities serving a large consumer electronics customer.
Despite margin pressure, operating profit more than doubled to $109.8 million, and diluted EPS increased to $3.58, helped by the absence of the prior year’s goodwill and long-lived asset impairments. Backlog grew to $579.0 million, and international sales represented a majority of revenue. The filing also details extensive risk factors across economic cycles, raw material volatility, cybersecurity, regulation, and beryllium-related health and environmental exposure.