S&P 500
7,516.60
+0.45%
Dow Jones
52,923.60
+0.01%
Nasdaq 100
29,706.80
+1.19%
Russell 2000
3,007.21
+0.49%
FTSE 100
10,670.60
-0.18%
Nikkei 225
69,824.80
+2.22%
Matthews International

Matthews International (MATW) Q3 2025 Earnings

Reported Aug 6, 2025 at 8:34 AM ET · SEC Source

Q3 25 EPS

$0.28

BEAT +30.23%

Est. $0.22

Q3 25 Revenue

$349.4M

BEAT +8.52%

Est. $322.0M

vs S&P Since Q3 25

-9.3%

TRAILING MARKET

MATW +8.5% vs S&P +17.8%

Market Reaction

Did MATW Beat Earnings? Q3 2025 Results

Matthews International delivered a stronger-than-expected fiscal third quarter, with adjusted EPS of $0.28 beating the $0.21 consensus by 30.23% and revenue of $349.38 million topping estimates by 8.52%, even as reported sales fell 18.3% year-over-ye… Read more Matthews International delivered a stronger-than-expected fiscal third quarter, with adjusted EPS of $0.28 beating the $0.21 consensus by 30.23% and revenue of $349.38 million topping estimates by 8.52%, even as reported sales fell 18.3% year-over-year. The headline revenue decline was largely the story of intentional portfolio transformation, as the May 2025 divestiture of the SGK Brand Solutions business, contributed to the newly formed Propelis Group joint venture in exchange for $250 million in cash and a 40% equity stake, accounted for $80.20 million of the year-over-year revenue decrease while simultaneously reshaping the company's margin profile, with gross margin expanding to 34.9% from 30.8%. The Memorialization segment posted revenue of $203.73 million with adjusted EBITDA margins improving to 21.0%, while Industrial Technologies more than doubled its adjusted EBITDA to $9.05 million on cost discipline and a recovering automation order book. Matthews maintained its fiscal 2025 adjusted EBITDA guidance of at least $190 million, with further debt reduction and a strategic alternatives review expected to advance in the months ahead.

Key Takeaways

  • • Gain on divestiture of SGK business to Propelis Group drove GAAP EPS increase
  • • Cost reduction initiatives improved Industrial Technologies adjusted EBITDA and reduced corporate costs
  • • Inflationary price realization and productivity initiatives improved Memorialization operating margins
  • • Acquisition of The Dodge Company contributed to Memorialization revenue growth
  • • Higher interest expense from new bonds negatively impacted adjusted EPS
  • • Prior year benefited from significant discrete tax benefits not repeated in current quarter
24/7 Wall St

MATW YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

MATW Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q2 26

“We were pleased with our operating results for the fiscal 2025 third quarter. The Company reported earnings per share on a GAAP basis of $0.49 per share for the current quarter compared to $0.06 a year ago. We realized a gain on the divestiture of the SGK business. Additionally, the Memorialization and Industrial Technologies segments each reported higher adjusted EBITDA compared to a year ago while we continued to lower our corporate and other non-operating costs. Non-GAAP adjusted earnings per share was $0.28 for the current quarter.”

— Joseph C. Bartolacci, Q3 2025 Earnings Press Release

Back to MATW Stock Page