Materion Corp Reports Strong Financial Results

By Chris Stiles • Thursday, February 12 12:46 • Permanent Link

Materion Corporation (NYSE: MTRN) has reported its fourth quarter and full-year 2025 financial results, along with a strong 2026 outlook and a significant customer investment to support US defense initiatives.

In the fourth quarter of 2025, net sales were $489.7 million, reflecting an increase from $436.9 million in the prior year period. Value-added sales were $253.9 million, marking a 7% increase compared to the prior year quarter, excluding precision clad strip. The company achieved an operating profit of $10.8 million, a notable improvement from an operating loss of $38.3 million in the prior year quarter. Net income for the quarter was $6.6 million, compared to a net loss of $48.8 million in the prior year quarter. Adjusted EBITDA stood at $57.0 million, down from $61.5 million in the prior year quarter.

For the full-year 2025, net sales reached $1.79 billion, up from $1.68 billion in the prior year. Value-added sales were $1.05 billion, reflecting a 4% organic growth, excluding precision clad strip from the prior year. Operating profit for the year was $109.8 million, compared to $47.2 million in the prior year. Net income for the full year was $74.8 million, showing a significant increase from $5.9 million in the prior year.

The company provided an outlook for 2026, expecting mid-single digit top-line growth and continued margin expansion. The guidance for full-year 2026 adjusted earnings per share is in the range of $6.00 to $6.50, representing a 15% increase from the prior year at the midpoint. Materion Corporation remains focused on driving towards its mid-term adjusted EBITDA margin target of 23%.

Materion Corporation's president and CEO, Jugal Vijayvargiya, expressed pride in the team for delivering strong results in the fourth quarter, despite challenges. He highlighted the strong performance of electronic materials and precision optics, which drove double-digit top and bottom-line growth.

Furthermore, the company announced a $65 million investment from a major defense prime to expand beryllium capacity in support of US initiatives, aiming to replenish inventory and increase capabilities.

The market has reacted to these announcements by moving the company's shares -2.2% to a price of $145.91. For more information, read the company's full 8-K submission here.

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