Matson Q1 net income falls to $56.6 million; raises 2026 operating income outlook
Matson reported first quarter 2026 net income of $56.6 million, or $1.85 per diluted share, down from $72.3 million, or $2.18 per diluted share, a year earlier. Revenue fell to $757.8 million from $782.0 million, but the company raised its full-year 2026 outlook, now expecting consolidated operating income to modestly exceed the 2025 level.
Key points
- Q1 2026 net income $56.6 million, or $1.85 per diluted share, versus $72.3 million, or $2.18, in Q1 2025
- Q1 2026 consolidated revenue $757.8 million versus $782.0 million in Q1 2025
- Expects Q2 2026 consolidated operating income about $20 million higher than the $113.0 million achieved in Q2 2025
- On April 23, 2026, Board added 3.0 million shares to the repurchase program and declared a $0.36 per share dividend payable June 4, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 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 04, 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.