MATTHEWS INTERNATIONAL CORPMATWEarnings & Financial Report
Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.
MATW Q1 2026 Key Financial Metrics
Revenue
$284.8M
Gross Profit
$99.7M
Operating Profit
$97.5M
Net Profit
$43.6M
Gross Margin
35.0%
Operating Margin
34.2%
Net Margin
15.3%
YoY Growth
-29.1%
EPS
$1.39
Financial Flow
MATTHEWS INTERNATIONAL CORP Q1 2026 Financial Summary
MATTHEWS INTERNATIONAL CORP reported revenue of $284.8M for Q1 2026, with a net profit of $43.6M (15.3% margin). Cost of goods sold was $185.1M, operating expenses totaled $2.1M.
Key Financial Metrics
| Total Revenue | $284.8M |
|---|---|
| Net Profit | $43.6M |
| Gross Margin | 35.0% |
| Operating Margin | 34.2% |
| Report Period | Q1 2026 |
MATTHEWS INTERNATIONAL CORP Annual Revenue by Year
MATTHEWS INTERNATIONAL CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.5B |
| 2024 | $1.8B |
| 2023 | $1.9B |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $471.2M | $427.8M | $446.7M | $401.8M | $427.6M | $349.4M | $318.8M | $284.8M |
| YoY Growth | -1.7% | -9.3% | -7.0% | -10.7% | -9.3% | -18.3% | -28.6% | -29.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.89B | $1.86B | $1.83B | $1.79B | $1.83B | $1.71B | $1.69B | $1.55B |
| Liabilities | $1.38B | $1.36B | $1.40B | $1.38B | $1.42B | $1.19B | $1.21B | $1.01B |
| Equity | $509.3M | $503.6M | $437.2M | $413.4M | $408.2M | $513.8M | $480.9M | $543.2M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $57.1M | $13.5M | $35.9M | $-25.0M | $6.3M | $-15.2M | $10.3M | $-52.0M |