Every 10-Q that Materion Corporation (MTRN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, 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 reported significantly higher results for the quarter and six months ended July 3, 2026. In the quarter, net sales were $613,906 thousand versus $431,658 thousand, with value-added sales up to $308,188 thousand from $268,970 thousand. Net income rose to $38,758 thousand from $25,140 thousand and diluted EPS to $1.84 from $1.21. For the first half, net sales grew to $1,163,730 thousand and net income to $58,132 thousand, with diluted EPS of $2.76 versus $2.05. Gross margin as a percentage of value-added sales improved to 34% in the quarter and 33% year‑to‑date. Value-added sales is a non‑GAAP metric that excludes pass‑through metal costs.
Growth was led by the Electronic Materials segment, where first‑half net sales reached $738,545 thousand and EBITDA $53,362 thousand, supported by strong semiconductor and energy demand and higher precious metal pass‑through pricing. Precision Optics also expanded, with first‑half net sales of $61,571 thousand and EBITDA of $11,277 thousand. Performance Materials sales grew modestly, but first‑half EBITDA declined to $72,103 thousand, reflecting lower consumer electronics volumes and incremental costs tied to a controlled production ramp for a large precision clad strip customer.
Operating cash flow for the first six months was $70,506 thousand, funding $31,479 thousand of capital and mine development spending. At July 3, 2026 cash was $19,987 thousand and total debt $442,332 thousand, including $212,125 thousand drawn on the revolver with $232.7 million of additional capacity. The effective tax rate fell to 11.1%, aided by $4.6 million of discrete tax benefits and U.S. production credits. Restructuring charges totaled $2,619 thousand year‑to‑date with a remaining accrued balance of $446 thousand. An adverse German court ruling related to the theft of 50 kilograms of gold (current value about $6.7 million) is under appeal; management expects about $2.5 million would be covered by insurance and has not recorded a loss.
Materion Corporation delivered higher first-quarter 2026 results, with net sales rising to $549.8 million, up 31% from a year earlier, largely from higher precious metal pass-through pricing and stronger semiconductor and energy demand. On a value-added basis, which strips out volatile metal costs, sales were $261.8 million, up 1%.
Net income increased to $19.4 million from $17.7 million, and diluted EPS improved to $0.92 from $0.85, helped by better product mix, manufacturing efficiencies, and higher aerospace, defense, and semiconductor volumes. Gross margin as a percentage of value-added sales rose to 31% from 29%, even as gross margin as a percentage of net sales fell due to metal-price effects.
Segment performance was mixed. Electronic Materials and Precision Optics showed strong growth and EBITDA expansion, while Performance Materials saw lower consumer electronics volumes and quality-related costs. Operating cash flow swung to a $4.3 million use of cash, mainly from higher receivables and inventory tied to precious metal prices and growth. Total debt increased to $489.9 million, with $191.7 million of revolver capacity and management expecting about $100 million of 2026 capital spending.
Materion (MTRN) reported Q3 results with net sales of 444,808 (thousands), up from 436,715. Gross margin rose to 86,123, and operating profit reached 34,943. Net income was $25,412, translating to diluted EPS of $1.22 compared with $1.07 a year ago. The quarter’s effective tax rate was 9.6%.
By segment, Electronic Materials delivered $246,837 in sales, Performance Materials $170,787, and Precision Optics $27,184. Year to date, net cash provided by operating activities was $83,724 versus $11,564 in the prior-year period. The company completed a $19.5 million cash acquisition of tantalum manufacturing assets in South Korea on July 9, 2025, allocated mainly to goodwill of approximately $14.9 million and a developed technology intangible of $2.1 million. Shares outstanding were 20,732,741 as of September 26, 2025.