Matthews International Corporation filed its Form 10-Q for the quarterly period ended June 30, 2026 with the Securities and Exchange Commission on August 7, 2026, reporting consolidated financial results for its fiscal third quarter.

Key Highlights

  • Sales declined: Net sales for the three months ended June 30, 2026 were $246,016 thousand, compared to $349,377 thousand for the same period in the prior year, according to the filing.
  • Operating loss: The company reported an operating loss of $13,221 thousand for the three months ended June 30, 2026, versus operating profit of $75,191 thousand in the prior-year quarter.
  • Net loss reported: The consolidated statements of income show a net loss of $23,689 thousand for the three months ended June 30, 2026, compared to net income of $15,387 thousand a year earlier.
  • Gain on divestitures: Net gain on divestitures for the nine months ended June 30, 2026 was $109,498 thousand, as disclosed in the income statement.
  • Total assets: Total assets stood at $1,505,516 thousand as of June 30, 2026, down from $1,694,442 thousand as of September 30, 2025.
  • Long-term debt reduced: Long-term debt (excluding current maturities) decreased to $559,451 thousand at June 30, 2026 from $703,602 thousand at September 30, 2025.
  • Shares outstanding: As of June 30, 2026, Class A Common Stock shares outstanding totaled 31,213,173.

Matthews International's Financial Position and Results for the Quarter Ended June 30, 2026

Matthews International Corporation, whose Class A Common Stock trades on the Nasdaq Global Select Market under the symbol MATW, reported a net loss of $23,689 thousand for the three months ended June 30, 2026, according to the unaudited consolidated statements of income included in the filing. The company reported basic and diluted loss per share of $(0.75) for the three months ended June 30, 2026, as stated in the income statement. This compares to basic earnings per share of $0.50 and diluted earnings per share of $0.49 for the three months ended June 30, 2025.

Net sales for the fiscal third quarter of 2026 were $246,016 thousand, a decrease from $349,377 thousand in the comparable prior-year period, the filing disclosed. Gross profit for the quarter was $88,192 thousand, compared to $121,956 thousand a year earlier. Selling expense rose to $30,052 thousand from $16,058 thousand in the prior-year quarter, while administrative expense decreased to $69,092 thousand from $84,336 thousand. Interest expense for the three months ended June 30, 2026 was $10,420 thousand, compared to $15,830 thousand in the prior-year period. For the nine months ended June 30, 2026, the filing also reported a loss on debt extinguishment of $16,343 thousand, with no comparable charge in the prior-year nine-month period.

On the balance sheet, total shareholders' equity attributable to Matthews was $485,968 thousand at June 30, 2026, up from $480,942 thousand at September 30, 2025. Retained earnings decreased to $537,841 thousand at June 30, 2026 from $565,278 thousand at September 30, 2025. The accumulated other comprehensive loss improved to $(55,082) thousand from $(78,010) thousand over the same period. Goodwill declined to $438,824 thousand at June 30, 2026 from $487,561 thousand at September 30, 2025, and other intangible assets, net, decreased to $89,476 thousand from $105,958 thousand.

What Was Disclosed

Matthews International's Form 10-Q for the quarter ended June 30, 2026 disclosed consolidated income statement results, balance sheet data, comprehensive income, and changes in shareholders' equity for the three- and nine-month periods, along with share count and per-share figures as of and for the period ended June 30, 2026.