Magnera Q2 net sales fell 3% to $796 million; net loss narrowed to $18 million
Magnera reported results for the quarter ended March 28, 2026, with net sales down 3% from a year earlier to $796 million and a net loss of $18 million, or $0.50 per share, compared with a $41 million loss in the prior-year quarter. Adjusted EBITDA rose 1% to $90 million, and management said the company remains on track for its full-year 2026 Adjusted EBITDA and free cash flow guidance. The mixed picture matters to shareholders because lower sales were offset by a narrower loss and higher adjusted earnings.
Key points
- Net sales were $796 million versus $824 million, with a $57 million decrease in selling prices and a 2% organic volume decline
- Operating income was $17 million versus $4 million, and the net loss per share was $0.50 versus $1.15
- Adjusted EBITDA was $90 million, up 1%, and free cash flow was $73 million for the quarter
- The company made $36 million in debt repayments during the quarter and will hold a conference call on May 7, 2026 at 10:00 AM Eastern Time
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.