Materion FY26 Q2 net income rises 55% to $38.8 million; net sales climb 42% to $613.9 million - MTRN News | RalliesMaterion FY26 Q2 net income rises 55% to $38.8 million; net sales climb 42% to $613.9 million
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MTRN• Outlook
- Raised full-year adjusted EPS outlook to $6.80-$7.20, citing increasing backlog and strong order-rate momentum.
Quarterly results
- Materion posted Q2 2026 net income of $38.8 million, or $1.84 per diluted share, up from $25.1 million, or $1.21, a year earlier.
- Net sales more than doubled to $613.9 million, while operating profit climbed to $51.7 million from $36.8 million a year earlier.
- Adjusted EBITDA rose to a quarterly record $71.8 million, lifting adjusted EBITDA margin by 2.5 percentage points to 23.3% of value-added sales.
- Free cash flow was $59 million, while backlog ended at a record, up about 30% year over year.