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Side-by-side financial comparison of Magnera Corp (MAGN) and SSR MINING INC. (SSRM). Click either name above to swap in a different company.

Magnera Corp is the larger business by last-quarter revenue ($792.0M vs $521.7M, roughly 1.5× SSR MINING INC.). SSR MINING INC. runs the higher net margin — 34.8% vs -4.3%, a 39.1% gap on every dollar of revenue. On growth, SSR MINING INC. posted the faster year-over-year revenue change (61.4% vs 12.8%). SSR MINING INC. produced more free cash flow last quarter ($106.4M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 50.5%).

SSR Mining Inc., formerly Silver Standard Resources is a Denver-based gold, silver, copper, lead and zinc producer that owns the largest silver mine in Argentina. In addition it engages in exploration activity throughout the Americas and Turkey. In 2020, SSR Mining merged with Alacer Gold. Since the merger, the company has moved headquarters to Denver, Colorado. Rodney P. Antal is now the president and CEO of SSR mining. In February 2021, SSR Mining announced that Alison White would be the ne...

MAGN vs SSRM — Head-to-Head

Bigger by revenue
MAGN
MAGN
1.5× larger
MAGN
$792.0M
$521.7M
SSRM
Growing faster (revenue YoY)
SSRM
SSRM
+48.6% gap
SSRM
61.4%
12.8%
MAGN
Higher net margin
SSRM
SSRM
39.1% more per $
SSRM
34.8%
-4.3%
MAGN
More free cash flow
SSRM
SSRM
$119.4M more FCF
SSRM
$106.4M
$-13.0M
MAGN
Faster 2-yr revenue CAGR
MAGN
MAGN
Annualised
MAGN
54.9%
50.5%
SSRM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAGN
MAGN
SSRM
SSRM
Revenue
$792.0M
$521.7M
Net Profit
$-34.0M
$181.5M
Gross Margin
12.2%
Operating Margin
1.8%
38.8%
Net Margin
-4.3%
34.8%
Revenue YoY
12.8%
61.4%
Net Profit YoY
43.3%
3166.6%
EPS (diluted)
$-0.95
$0.84

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
SSRM
SSRM
Q4 25
$792.0M
$521.7M
Q3 25
$385.8M
Q2 25
$839.0M
$405.5M
Q1 25
$824.0M
$316.6M
Q4 24
$702.0M
$323.2M
Q3 24
$332.1M
$257.4M
Q2 24
$556.0M
$184.8M
Q1 24
$558.0M
$230.2M
Net Profit
MAGN
MAGN
SSRM
SSRM
Q4 25
$-34.0M
$181.5M
Q3 25
$65.4M
Q2 25
$-18.0M
$90.1M
Q1 25
$-41.0M
$58.8M
Q4 24
$-60.0M
$5.6M
Q3 24
$-15.2M
$10.6M
Q2 24
$19.0M
$9.7M
Q1 24
$14.0M
$-287.1M
Gross Margin
MAGN
MAGN
SSRM
SSRM
Q4 25
12.2%
Q3 25
Q2 25
10.7%
Q1 25
10.7%
Q4 24
10.1%
Q3 24
10.7%
Q2 24
6.6%
Q1 24
6.2%
Operating Margin
MAGN
MAGN
SSRM
SSRM
Q4 25
1.8%
38.8%
Q3 25
21.6%
Q2 25
1.5%
26.9%
Q1 25
0.5%
21.1%
Q4 24
-3.1%
10.6%
Q3 24
0.9%
3.5%
Q2 24
3.1%
5.8%
Q1 24
3.8%
-163.5%
Net Margin
MAGN
MAGN
SSRM
SSRM
Q4 25
-4.3%
34.8%
Q3 25
17.0%
Q2 25
-2.1%
22.2%
Q1 25
-5.0%
18.6%
Q4 24
-8.5%
1.7%
Q3 24
-4.6%
4.1%
Q2 24
3.4%
5.2%
Q1 24
2.5%
-124.7%
EPS (diluted)
MAGN
MAGN
SSRM
SSRM
Q4 25
$-0.95
$0.84
Q3 25
$0.31
Q2 25
$-0.51
$0.42
Q1 25
$-1.15
$0.28
Q4 24
$-1.69
$0.03
Q3 24
$-0.33
$0.05
Q2 24
$0.60
$0.05
Q1 24
$0.44
$-1.42

Balance Sheet & Financial Strength

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

Metric
MAGN
MAGN
SSRM
SSRM
Cash + ST InvestmentsLiquidity on hand
$264.0M
$575.6M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$1.0B
$3.5B
Total Assets
$3.9B
$6.1B
Debt / EquityLower = less leverage
1.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAGN
MAGN
SSRM
SSRM
Q4 25
$264.0M
$575.6M
Q3 25
$445.4M
Q2 25
$276.0M
$438.5M
Q1 25
$282.0M
$341.3M
Q4 24
$215.0M
$417.3M
Q3 24
$230.0M
$365.8M
Q2 24
$33.9M
$384.4M
Q1 24
$30.2M
$492.0M
Total Debt
MAGN
MAGN
SSRM
SSRM
Q4 25
$1.9B
Q3 25
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
$228.6M
Q3 24
$2.0B
$228.3M
Q2 24
$877.4M
$228.0M
Q1 24
$884.7M
$228.7M
Stockholders' Equity
MAGN
MAGN
SSRM
SSRM
Q4 25
$1.0B
$3.5B
Q3 25
$3.3B
Q2 25
$1.1B
$3.3B
Q1 25
$1.1B
$3.2B
Q4 24
$1.1B
$3.1B
Q3 24
$2.1B
$3.1B
Q2 24
$2.4B
$3.1B
Q1 24
$2.4B
$3.1B
Total Assets
MAGN
MAGN
SSRM
SSRM
Q4 25
$3.9B
$6.1B
Q3 25
$5.9B
Q2 25
$4.1B
$5.8B
Q1 25
$4.1B
$5.6B
Q4 24
$4.0B
$5.2B
Q3 24
$2.8B
$5.1B
Q2 24
$1.5B
$5.2B
Q1 24
$1.5B
$5.3B
Debt / Equity
MAGN
MAGN
SSRM
SSRM
Q4 25
1.86×
Q3 25
Q2 25
1.77×
Q1 25
1.83×
Q4 24
1.80×
0.07×
Q3 24
0.91×
0.07×
Q2 24
0.37×
0.07×
Q1 24
0.36×
0.07×

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
SSRM
SSRM
Operating Cash FlowLast quarter
$2.0M
$172.1M
Free Cash FlowOCF − Capex
$-13.0M
$106.4M
FCF MarginFCF / Revenue
-1.6%
20.4%
Capex IntensityCapex / Revenue
1.9%
12.6%
Cash ConversionOCF / Net Profit
0.95×
TTM Free Cash FlowTrailing 4 quarters
$241.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAGN
MAGN
SSRM
SSRM
Q4 25
$2.0M
$172.1M
Q3 25
$57.2M
Q2 25
$0
$157.8M
Q1 25
$65.0M
$84.8M
Q4 24
$-58.0M
$95.0M
Q3 24
$12.2M
$-1.3M
Q2 24
$38.0M
$-78.1M
Q1 24
$20.0M
$24.6M
Free Cash Flow
MAGN
MAGN
SSRM
SSRM
Q4 25
$-13.0M
$106.4M
Q3 25
$-2.4M
Q2 25
$98.4M
Q1 25
$42.0M
$39.3M
Q4 24
$-74.0M
$56.4M
Q3 24
$3.6M
$-34.1M
Q2 24
$23.0M
$-116.3M
Q1 24
$12.5M
$-9.4M
FCF Margin
MAGN
MAGN
SSRM
SSRM
Q4 25
-1.6%
20.4%
Q3 25
-0.6%
Q2 25
24.3%
Q1 25
5.1%
12.4%
Q4 24
-10.5%
17.5%
Q3 24
1.1%
-13.2%
Q2 24
4.1%
-62.9%
Q1 24
2.2%
-4.1%
Capex Intensity
MAGN
MAGN
SSRM
SSRM
Q4 25
1.9%
12.6%
Q3 25
15.4%
Q2 25
1.5%
14.7%
Q1 25
2.8%
14.4%
Q4 24
2.3%
11.9%
Q3 24
2.6%
12.7%
Q2 24
2.7%
20.7%
Q1 24
1.3%
14.8%
Cash Conversion
MAGN
MAGN
SSRM
SSRM
Q4 25
0.95×
Q3 25
0.87×
Q2 25
1.75×
Q1 25
1.44×
Q4 24
17.10×
Q3 24
-0.13×
Q2 24
2.00×
-8.06×
Q1 24
1.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAGN
MAGN

Other$451.0M57%
United States And Canada$341.0M43%

SSRM
SSRM

Gold$369.3M71%
Concentrate Sales$124.4M24%
Other$19.1M4%
Lead$9.0M2%

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