Matthews International delivered a strong fiscal Q1 2026 with significantly improved profitability driven by divestiture gains, higher Memorialization segment performance, and disciplined cost management, despite lower consolidated sales.
Returned to strong GAAP profitability with net income of $43.6 million.
Operating profit increased sharply, supported by gains on divestitures.
Memorialization segment delivered higher sales and adjusted EBITDA year over year.
Outstanding debt was reduced materially following divestiture proceeds.
The company maintained its fiscal 2026 outlook, expecting solid adjusted EBITDA supported by portfolio simplification and operational efficiency.
Visualization of income flow from segment revenue to net income
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