Matthews posts $21.8M Q2 GAAP loss; adjusted EPS $0.37 and fiscal 2026 outlook kept
Matthews International reported fiscal second-quarter 2026 sales of $258.6 million, down from $427.6 million a year earlier, after divestitures. The company posted a GAAP net loss of $21.8 million, or $0.69 per diluted share, while non-GAAP EPS rose to $0.37 from $0.34 and it kept its fiscal 2026 adjusted EBITDA guidance of $180 million.
Key points
- Sales were $258.6 million versus $427.6 million a year earlier; Brand Solutions reported no sales in the quarter after its divestiture.
- GAAP net loss was $21.8 million, or $0.69 per diluted share, compared with a net loss of $8.9 million, or $0.29 per share, a year earlier.
- Non-GAAP EPS was $0.37 versus $0.34; total adjusted EBITDA was $44.7 million versus $51.4 million.
- Fiscal 2026 adjusted EBITDA guidance of $180 million was maintained, including an estimated 40% share of Propelis adjusted EBITDA.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits 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 01, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.