Materion Q3 net income jumps 51% to $38.33 million; sales rise 28% to $567.29 million
MTRN•Materion’s third-quarter 2026 net income rose 51% to $38.33 million and net sales increased 28% to $567.29 million. Adjusted earnings rose 37% to $1.93 per diluted share, and the company raised its full-year adjusted earnings guidance to $7.10–$7.40 per share.
1. Quarterly results and outlook
Materion reported third-quarter 2026 adjusted EBITDA of $70.7 million, up 27%, and value-added sales of $313.7 million, up 19%. The company said record semiconductor sales and growth in aerospace and defense and telecom and data centers drove the increase. Incoming orders rose approximately 25% year over year and backlog increased 35%, both reaching all-time highs. Full-year adjusted earnings guidance rose to $7.10–$7.40 per share, representing 33% growth at the midpoint.
