Materion (MTRN) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 05, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

1.52

Last Year’s EPS

1.37

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 1 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 29, 2026|

% Change Since:

Earnings Call Sentiment|Positive

Overall the call conveyed strong, broad-based operational momentum — highlighted by record backlog, exceptional Electronic Materials performance, a clear Precision Optics turnaround, margin expansion and reiterated guidance for low double-digit revenue growth and $6.00–$6.50 adjusted EPS. Key near-term negatives centered on the Precision Clad Strip quality disruption that depressed Performance Materials results in Q1, a temporary inventory-driven free cash flow constraint, and a Chinese semiconductor exposure that dampens reported semiconductor growth. Management indicates the clad issue is resolved, capacity is available, and order/backlog trends support stronger quarters ahead.

Company Guidance

Materion affirmed full‑year guidance of low double‑digit revenue growth and reiterated adjusted EPS guidance of $6.00–$6.50 with growing confidence toward the upper end, driven by a record Q1 backlog (highest in company history; backlog +20% year‑over‑year and +15% YTD), strong order momentum (defense bookings $60M in Q1 and >$300M in open RFQs; 12‑month order rates: aerospace & defense +50%, energy +20%, semiconductor +10%), and business‑specific strength (Q1 value‑added sales $261.8M, adjusted EBITDA $52.9M or 20.2% of VA sales, adjusted EPS $1.27 up 12% YoY; Electronic Materials: $91.6M VA sales, adjusted EBITDA $25.9M and 28.3% margin; Precision Optics: $30.7M VA sales, $5.5M EBITDA and 17.9% margin; Performance Materials: $139.5M VA sales, $28M EBITDA and 20.1% margin). Management expects a 15–20% EPS step‑up in Q2 with larger back‑half gains, meaningful sequential top‑ and bottom‑line improvement in Performance Materials as clad production normalizes, continued EM and optics growth, stronger free cash flow for the full year despite a Q1 inventory build, net debt ≈ $474M with $192M available capacity and leverage ~2.1x, and planned CapEx of roughly $75M (plus ~$25M mine development) alongside customer‑funded investments (e.g., ~$65M beryllium expansion) while progressing toward a midterm EBITDA margin target of 23%.

Record Backlog and Strengthening Order Book

Company exited Q1 with the highest backlog in its history; backlog up >20% year-over-year and 15% since the start of the year. Defense orders totaled $60M in Q1 with more than $300M in open RFQs. Over the last 12 months, order rates: aerospace & defense +50%, energy +20%, semiconductor +10% — indicating broad-based demand acceleration.

Electronic Materials: Exceptional Growth and Profitability

Electronic Materials value-added sales $91.6M, up 18% year-over-year. Adjusted EBITDA $25.9M, up 95% year-over-year, with record adjusted EBITDA margin of 28.3% (≈1,000+ basis points margin expansion) driven by higher volumes, favorable price/mix and strong execution.

Precision Optics Turnaround and Top-Line Surge

Precision Optics value-added sales $30.7M, up 43% year-over-year — the segment's strongest quarter since 2021. Adjusted EBITDA $5.5M (17.9% margin). This marks 4–5 consecutive quarters of top- and bottom-line improvement as new business ramps across multiple end markets.

Record First-Quarter Margins and EPS Growth

Company delivered adjusted EBITDA of $52.9M (20.2% of value-added sales), a record first-quarter margin and a 9% increase year-over-year with 140 basis points of margin expansion. Adjusted EPS was $1.27, up 12% year-over-year.

Affirmed 2026 Outlook and Margin Targets

Management raised confidence in full-year results, now seeing a path to low double-digit top-line growth for 2026 and affirmed adjusted EPS guidance of $6.00–$6.50 with growing confidence toward the upper end. Company reiterated midterm EBITDA margin target of ~23%.

Operational Recovery and Capacity Availability

Precision clad strip production ramped back to pre-quality-issue production rate; management reports remaining capacity to support higher customer demand if required. New business ramps and qualification wins across Electronic Materials are contributing to near-term volume growth.

Solid Liquidity Position and Strategic CapEx

Net debt approximately $474M with $192M available credit capacity and leverage ~2.1x (slightly below midpoint of target range). 2026 capital plan ~ $75M (plus ~$25M mine development) and a $65M customer-funded investment to expand beryllium capacity, supporting organic growth initiatives.

Materion (MTRN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MTRN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 05, 2026	2026 (Q2)	1.52 / -	1.37	―	―	―
Apr 29, 2026	2026 (Q1)	1.25 / 1.27	1.13	12.39% (+0.14)
Feb 12, 2026	2025 (Q4)	1.51 / 1.53	1.55	-1.29% (-0.02)
Oct 29, 2025	2025 (Q3)	1.41 / 1.41	1.41	0.00% (0.00)
Jul 30, 2025	2025 (Q2)	1.16 / 1.37	1.42	-3.52% (-0.05)
May 01, 2025	2025 (Q1)	1.06 / 1.13	0.96	17.71% (+0.17)
Feb 19, 2025	2024 (Q4)	1.45 / 1.55	1.41	9.93% (+0.14)
Oct 30, 2024	2024 (Q3)	1.41 / 1.41	1.51	-6.62% (-0.10)
Aug 05, 2024	2024 (Q2)	1.39 / 1.42	1.38	2.90% (+0.04)
May 01, 2024	2024 (Q1)	0.96 / 0.96	1.34	-28.36% (-0.38)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MTRN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 29, 2026	$177.28	$172.54	-2.67%
Feb 12, 2026	$157.11	$159.00	+1.20%
Oct 29, 2025	$133.73	$115.98	-13.27%
Jul 30, 2025	$91.83	$101.36	+10.37%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.