Matthews International Corporation (MATW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 258.62M | 284.76M | 318.84M | 349.38M | 427.63M | 401.84M | 446.69M | 427.83M | 471.22M | 449.99M | 480.17M | 471.91M | 479.58M | 449.24M | 457.13M | 421.72M | 444.98M | 438.58M | 438.84M | 428.38M |
| Revenue Growth % | -39.52% | -29.14% | -28.62% | -18.34% | -9.25% | -10.7% | -6.97% | -9.34% | -1.74% | 0.17% | 5.04% | 11.9% | 7.78% | 2.43% | 4.17% | -1.55% | 6.67% | 13.43% | 9.95% | 19.19% |
| Cost of Goods Sold | 156.63M | 188.06M | 206.72M | 227.33M | 288.56M | 283.66M | 308.59M | 301.73M | 330M | 323.53M | 333.82M | 341.24M | 338.23M | 319.8M | 319.35M | 310.76M | 327.51M | 326.99M | 322.02M | 309.36M |
| COGS % of Revenue | 60.57% | 66.04% | 64.83% | 65.07% | 67.48% | 70.59% | 69.08% | 70.53% | 70.03% | 71.9% | 69.52% | 72.31% | 70.53% | 71.19% | 69.86% | 73.69% | 73.6% | 74.56% | 73.38% | 72.22% |
| Gross Profit | 101.98M | 96.71M | 112.13M | 122.04M | 139.07M | 118.18M | 138.1M | 126.1M | 141.22M | 126.46M | 146.34M | 130.66M | 141.35M | 129.44M | 137.78M | 110.96M | 117.47M | 111.59M | 116.82M | 119.02M |
| Gross Margin % | 39.43% | 33.96% | 35.17% | 34.93% | 32.52% | 29.41% | 30.92% | 29.47% | 29.97% | 28.1% | 30.48% | 27.69% | 29.47% | 28.81% | 30.14% | 26.31% | 26.4% | 25.44% | 26.62% | 27.78% |
| Gross Profit Growth % | -26.67% | -18.17% | -18.81% | -3.22% | -1.52% | -6.54% | -5.63% | -3.49% | -0.09% | -2.31% | 6.22% | 17.76% | 20.33% | 16% | 17.94% | -6.77% | -2.74% | -5.65% | -5.98% | 13% |
| Operating Expenses | -26.13M | 112.39M | 121.52M | 99.49M | 131.08M | 107.11M | 125.76M | 117.8M | 111.69M | 108.53M | 112.23M | 103.14M | 110.95M | 108.66M | 107.97M | 93.6M | 102.2M | 95.81M | 103.11M | 100.25M |
| OpEx % of Revenue | -10.1% | 39.47% | 38.11% | 28.48% | 30.65% | 26.65% | 28.15% | 27.53% | 23.7% | 24.12% | 23.37% | 21.86% | 23.14% | 24.19% | 23.62% | 22.19% | 22.97% | 21.85% | 23.49% | 23.4% |
| Selling, General & Admin | -26.13M | 112.39M | 121.52M | 99.49M | 131.08M | 107.11M | 125.76M | 117.8M | 111.69M | 108.53M | 112.23M | 103.14M | 110.95M | 108.66M | 107.97M | 93.6M | 102.2M | 95.81M | 103.11M | 100.25M |
| SG&A % of Revenue | -10.1% | 39.47% | 38.11% | 28.48% | 30.65% | 26.65% | 28.15% | 27.53% | 23.7% | 24.12% | 23.37% | 21.86% | 23.14% | 24.19% | 23.62% | 22.19% | 22.97% | 21.85% | 23.49% | 23.4% |
| Research & Development | 0 | 0 | 16.73M | 0 | 0 | 0 | 15.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | 5.25% | - | - | - | 3.57% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -3.17M | -15.69M | -9.4M | 22.55M | 7.99M | 11.07M | 12.35M | 8.3M | 29.53M | 17.93M | 34.11M | 27.52M | 30.4M | 20.78M | 29.81M | 17.36M | 15.27M | 15.78M | 13.72M | 18.77M |
| Operating Margin % | -1.23% | -5.51% | -2.95% | 6.45% | 1.87% | 2.76% | 2.76% | 1.94% | 6.27% | 3.98% | 7.1% | 5.83% | 6.34% | 4.63% | 6.52% | 4.12% | 3.43% | 3.6% | 3.13% | 4.38% |
| Operating Income Growth % | -139.76% | -241.64% | -176.1% | 171.62% | -72.95% | -38.23% | -63.81% | -69.84% | -2.86% | -13.74% | 14.44% | 58.52% | 99.11% | 31.71% | 117.31% | -7.51% | -29.23% | -30.71% | -57.53% | 5453.85% |
| EBITDA | -3.17M | -2.99M | 5.78M | 38.39M | 26.22M | 33.58M | 36.68M | 31.96M | 52.79M | 41.45M | 58.83M | 51.46M | 54.54M | 44.51M | 53.7M | 40.3M | 38.99M | 49.28M | 49.31M | 54.16M |
| EBITDA Margin % | -1.23% | -1.05% | 1.81% | 10.99% | 6.13% | 8.36% | 8.21% | 7.47% | 11.2% | 9.21% | 12.25% | 10.9% | 11.37% | 9.91% | 11.75% | 9.56% | 8.76% | 11.24% | 11.24% | 12.64% |
| EBITDA Growth % | -112.11% | -108.9% | -84.24% | 20.11% | -50.34% | -18.99% | -37.66% | -37.9% | -3.22% | -6.88% | 9.55% | 27.69% | 39.89% | -9.68% | 8.91% | -25.59% | -31.3% | -1.68% | -21.66% | 77.54% |
| D&A (Non-Cash Add-back) | 0 | 12.7M | 15.18M | 15.84M | 18.23M | 22.5M | 24.33M | 23.66M | 23.26M | 23.52M | 24.72M | 23.94M | 24.15M | 23.73M | 23.89M | 22.94M | 23.72M | 33.5M | 35.59M | 35.39M |
| EBIT | 0 | 97.52M | -11.36M | 74.95M | 4.59M | 10.32M | -53.75M | 6.21M | 20.95M | 8.97M | 31.16M | 19.4M | 25.12M | 15.33M | -74.35M | 9.75M | 6.31M | -21.34M | 5.64M | 6.4M |
| Net Interest Income | 0 | -13.11M | -13.82M | -16.09M | -15.87M | -15.68M | -13.63M | -12.78M | -12.54M | -11.58M | -11.46M | -10.92M | -12.05M | -10.21M | -8.3M | -6.66M | -6.26M | -6.51M | -6.97M | -6.75M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -10.04M | 13.11M | 13.82M | 16.09M | 15.87M | 15.68M | 13.63M | 12.78M | 12.54M | 11.58M | 11.46M | 10.92M | 12.05M | 10.21M | 8.3M | 6.66M | 6.26M | 6.51M | 6.97M | 6.75M |
| Other Income/Expense | -24.88M | 100.1M | -15.79M | 36.31M | -19.63M | -16.9M | -79.83M | -15.35M | -21.62M | -20.96M | -18.78M | -19.41M | -17.89M | -15.82M | -112.85M | -13.45M | -13.93M | -42.22M | -13.64M | -17.73M |
| Pretax Income | -28.05M | 84.42M | -25.18M | 58.86M | -11.64M | -5.83M | -67.48M | -7.05M | 7.91M | -3.03M | 15.33M | 8.11M | 12.51M | 4.96M | -83.04M | 3.92M | 1.34M | -26.44M | 80K | 1.04M |
| Pretax Margin % | -10.85% | 29.64% | -7.9% | 16.85% | -2.72% | -1.45% | -15.11% | -1.65% | 1.68% | -0.67% | 3.19% | 1.72% | 2.61% | 1.1% | -18.16% | 0.93% | 0.3% | -6.03% | 0.02% | 0.24% |
| Income Tax | 6.22M | 40.79M | 2.29M | 43.48M | -2.73M | -2.36M | 680K | -8.83M | -1.12M | -726K | -2.36M | -558K | 3.38M | 1.31M | -2.08M | 1.04M | 3.28M | -6.63M | 3.75M | -2.33M |
| Effective Tax Rate % | -22.16% | 48.32% | -9.09% | 73.86% | 23.43% | 40.45% | -1.01% | 125.2% | -14.19% | 23.97% | -15.41% | -6.88% | 27.04% | 26.46% | 2.5% | 26.56% | 244.37% | 25.07% | 4685% | -223.34% |
| Net Income | -21.83M | 43.63M | -27.47M | 15.39M | -8.92M | -3.47M | -68.16M | 1.78M | 9.03M | -2.3M | 17.72M | 8.74M | 9.13M | 3.7M | -80.96M | 2.89M | -1.91M | -19.8M | -3.68M | 3.35M |
| Net Margin % | -8.44% | 15.32% | -8.62% | 4.4% | -2.08% | -0.86% | -15.26% | 0.42% | 1.92% | -0.51% | 3.69% | 1.85% | 1.9% | 0.82% | -17.71% | 0.69% | -0.43% | -4.52% | -0.84% | 0.78% |
| Net Income Growth % | -144.89% | 1356.6% | 59.7% | 765.9% | -198.77% | -50.76% | -484.59% | -79.66% | -1.1% | -162.19% | 121.89% | 202.04% | 579.11% | 118.7% | -2102.31% | -13.77% | -138.18% | -1026.45% | -149.64% | 47.86% |
| Net Income (Continuing) | -21.83M | 43.63M | -27.47M | 15.39M | -8.92M | -3.47M | -68.16M | 1.78M | 9.03M | -2.3M | 17.69M | 8.67M | 9.13M | 3.65M | -80.96M | 2.88M | -1.94M | -19.81M | -3.67M | 3.37M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 48K | 48K | 48K | 47K | 47K | 47K | -387K | -400K | -302K | -328K | -276K | -269K | -175K | -148K | -145K | 564K |
| EPS (Diluted) | -0.69 | 1.39 | -0.88 | 0.49 | -0.29 | -0.11 | -2.19 | 0.06 | 0.29 | -0.07 | 0.56 | 0.28 | 0.29 | 0.12 | -2.63 | 0.09 | -0.06 | -0.62 | -0.12 | 0.10 |
| EPS Growth % | -137.93% | 1363.64% | 59.82% | 761.16% | -200% | -47.65% | -491.07% | -79.68% | 0% | -162.08% | 121.29% | 211.11% | 574.63% | 119.35% | -2091.67% | -10% | -138.19% | -1019.13% | -152.17% | 42.86% |
| EPS (Basic) | -0.69 | 1.39 | -0.88 | 0.50 | -0.29 | -0.11 | -2.22 | 0.06 | 0.29 | -0.07 | 0.56 | 0.28 | 0.30 | 0.12 | -2.67 | 0.09 | -0.06 | -0.62 | -0.12 | 0.11 |
| Diluted Shares Outstanding | 0 | 31.46M | 31.1M | 31.19M | 31.19M | 30.91M | 31.07M | 31.23M | 31.22M | 30.91M | 31.52M | 31.24M | 31.18M | 30.95M | 30.82M | 31.55M | 31.69M | 31.72M | 31.71M | 32.19M |
| Basic Shares Outstanding | 0 | 31.46M | 31.1M | 31.19M | 31.19M | 30.91M | 30.75M | 30.89M | 30.93M | 30.91M | 31.52M | 30.8M | 30.78M | 30.71M | 30.3M | 31.24M | 31.69M | 31.72M | 31.47M | 31.66M |
| Dividend Payout Ratio | - | 21.71% | - | 50% | - | - | - | 414.86% | 82.1% | - | 39.6% | 80.77% | 78.04% | 189.12% | - | 237.12% | - | - | - | 204.98% |