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Side-by-side financial comparison of Magnera Corp (MAGN) and Mativ Holdings, Inc. (MATV). Click either name above to swap in a different company.

Magnera Corp is the larger business by last-quarter revenue ($792.0M vs $463.1M, roughly 1.7× Mativ Holdings, Inc.). Mativ Holdings, Inc. runs the higher net margin — 21.8% vs -4.3%, a 26.1% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs 1.0%). Mativ Holdings, Inc. produced more free cash flow last quarter ($8.0M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs -3.8%).

Mativ Holdings, Inc. is a global specialty materials manufacturer producing high-performance advanced polymers, nonwovens, filtration solutions, and functional coated materials. It serves healthcare, industrial, consumer goods, aerospace, and energy segments, with operations across North America, Europe, and Asia Pacific.

MAGN vs MATV — Head-to-Head

Bigger by revenue
MAGN
MAGN
1.7× larger
MAGN
$792.0M
$463.1M
MATV
Growing faster (revenue YoY)
MAGN
MAGN
+11.8% gap
MAGN
12.8%
1.0%
MATV
Higher net margin
MATV
MATV
26.1% more per $
MATV
21.8%
-4.3%
MAGN
More free cash flow
MATV
MATV
$21.0M more FCF
MATV
$8.0M
$-13.0M
MAGN
Faster 2-yr revenue CAGR
MAGN
MAGN
Annualised
MAGN
54.9%
-3.8%
MATV

Income Statement — Q1 2026 vs Q4 2025

Metric
MAGN
MAGN
MATV
MATV
Revenue
$792.0M
$463.1M
Net Profit
$-34.0M
$100.8M
Gross Margin
12.2%
18.8%
Operating Margin
1.8%
2.2%
Net Margin
-4.3%
21.8%
Revenue YoY
12.8%
1.0%
Net Profit YoY
43.3%
6620.0%
EPS (diluted)
$-0.95
$1.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MAGN
MAGN
MATV
MATV
Q4 25
$792.0M
$463.1M
Q3 25
$513.7M
Q2 25
$839.0M
$525.4M
Q1 25
$824.0M
$484.8M
Q4 24
$702.0M
$458.6M
Q3 24
$332.1M
$498.5M
Q2 24
$556.0M
$523.8M
Q1 24
$558.0M
$500.2M
Net Profit
MAGN
MAGN
MATV
MATV
Q4 25
$-34.0M
$100.8M
Q3 25
$-3.2M
Q2 25
$-18.0M
$-9.5M
Q1 25
$-41.0M
$-425.5M
Q4 24
$-60.0M
$1.5M
Q3 24
$-15.2M
$-20.8M
Q2 24
$19.0M
$-1.4M
Q1 24
$14.0M
$-28.0M
Gross Margin
MAGN
MAGN
MATV
MATV
Q4 25
12.2%
18.8%
Q3 25
19.3%
Q2 25
10.7%
19.7%
Q1 25
10.7%
15.0%
Q4 24
10.1%
16.9%
Q3 24
10.7%
18.8%
Q2 24
6.6%
20.8%
Q1 24
6.2%
16.8%
Operating Margin
MAGN
MAGN
MATV
MATV
Q4 25
1.8%
2.2%
Q3 25
3.1%
Q2 25
1.5%
3.8%
Q1 25
0.5%
-88.8%
Q4 24
-3.1%
0.6%
Q3 24
0.9%
1.4%
Q2 24
3.1%
2.0%
Q1 24
3.8%
-2.8%
Net Margin
MAGN
MAGN
MATV
MATV
Q4 25
-4.3%
21.8%
Q3 25
-0.6%
Q2 25
-2.1%
-1.8%
Q1 25
-5.0%
-87.8%
Q4 24
-8.5%
0.3%
Q3 24
-4.6%
-4.2%
Q2 24
3.4%
-0.3%
Q1 24
2.5%
-5.6%
EPS (diluted)
MAGN
MAGN
MATV
MATV
Q4 25
$-0.95
$1.87
Q3 25
$-0.06
Q2 25
$-0.51
$-0.18
Q1 25
$-1.15
$-7.82
Q4 24
$-1.69
$0.03
Q3 24
$-0.33
$-0.38
Q2 24
$0.60
$-0.03
Q1 24
$0.44
$-0.52

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAGN
MAGN
MATV
MATV
Cash + ST InvestmentsLiquidity on hand
$264.0M
$84.2M
Total DebtLower is stronger
$1.9B
$1.0B
Stockholders' EquityBook value
$1.0B
$498.7M
Total Assets
$3.9B
$2.1B
Debt / EquityLower = less leverage
1.86×
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAGN
MAGN
MATV
MATV
Q4 25
$264.0M
$84.2M
Q3 25
$97.1M
Q2 25
$276.0M
$95.6M
Q1 25
$282.0M
$84.0M
Q4 24
$215.0M
$94.3M
Q3 24
$230.0M
$162.2M
Q2 24
$33.9M
$133.4M
Q1 24
$30.2M
$128.9M
Total Debt
MAGN
MAGN
MATV
MATV
Q4 25
$1.9B
$1.0B
Q3 25
$1.0B
Q2 25
$2.0B
$1.1B
Q1 25
$2.0B
$1.1B
Q4 24
$2.0B
$1.1B
Q3 24
$2.0B
$1.2B
Q2 24
$877.4M
$1.2B
Q1 24
$884.7M
$1.2B
Stockholders' Equity
MAGN
MAGN
MATV
MATV
Q4 25
$1.0B
$498.7M
Q3 25
$397.4M
Q2 25
$1.1B
$416.6M
Q1 25
$1.1B
$428.2M
Q4 24
$1.1B
$858.5M
Q3 24
$2.1B
$882.3M
Q2 24
$2.4B
$898.0M
Q1 24
$2.4B
$906.9M
Total Assets
MAGN
MAGN
MATV
MATV
Q4 25
$3.9B
$2.1B
Q3 25
$2.0B
Q2 25
$4.1B
$2.1B
Q1 25
$4.1B
$2.1B
Q4 24
$4.0B
$2.4B
Q3 24
$2.8B
$2.6B
Q2 24
$1.5B
$2.6B
Q1 24
$1.5B
$2.7B
Debt / Equity
MAGN
MAGN
MATV
MATV
Q4 25
1.86×
2.07×
Q3 25
2.63×
Q2 25
1.77×
2.66×
Q1 25
1.83×
2.67×
Q4 24
1.80×
1.30×
Q3 24
0.91×
1.32×
Q2 24
0.37×
1.29×
Q1 24
0.36×
1.30×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAGN
MAGN
MATV
MATV
Operating Cash FlowLast quarter
$2.0M
$19.3M
Free Cash FlowOCF − Capex
$-13.0M
$8.0M
FCF MarginFCF / Revenue
-1.6%
1.7%
Capex IntensityCapex / Revenue
1.9%
2.4%
Cash ConversionOCF / Net Profit
0.19×
TTM Free Cash FlowTrailing 4 quarters
$93.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAGN
MAGN
MATV
MATV
Q4 25
$2.0M
$19.3M
Q3 25
$72.8M
Q2 25
$0
$57.6M
Q1 25
$65.0M
$-15.9M
Q4 24
$-58.0M
$24.1M
Q3 24
$12.2M
$37.6M
Q2 24
$38.0M
$46.1M
Q1 24
$20.0M
$-13.0M
Free Cash Flow
MAGN
MAGN
MATV
MATV
Q4 25
$-13.0M
$8.0M
Q3 25
$66.7M
Q2 25
$48.9M
Q1 25
$42.0M
$-29.8M
Q4 24
$-74.0M
$2.0M
Q3 24
$3.6M
$25.5M
Q2 24
$23.0M
$37.4M
Q1 24
$12.5M
$-25.1M
FCF Margin
MAGN
MAGN
MATV
MATV
Q4 25
-1.6%
1.7%
Q3 25
13.0%
Q2 25
9.3%
Q1 25
5.1%
-6.1%
Q4 24
-10.5%
0.4%
Q3 24
1.1%
5.1%
Q2 24
4.1%
7.1%
Q1 24
2.2%
-5.0%
Capex Intensity
MAGN
MAGN
MATV
MATV
Q4 25
1.9%
2.4%
Q3 25
1.2%
Q2 25
1.5%
1.7%
Q1 25
2.8%
2.9%
Q4 24
2.3%
4.8%
Q3 24
2.6%
2.4%
Q2 24
2.7%
1.7%
Q1 24
1.3%
2.4%
Cash Conversion
MAGN
MAGN
MATV
MATV
Q4 25
0.19×
Q3 25
Q2 25
Q1 25
Q4 24
16.07×
Q3 24
Q2 24
2.00×
Q1 24
1.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MAGN
MAGN

Segment breakdown not available.

MATV
MATV

Other$208.7M45%
SAS Segment$157.4M34%
FAM Segment$97.0M21%

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