Materion Corporation

materion.com

What Do They Do?

Produces engineered materials, specialty metals and optical components for semiconductor, industrial, and aerospace and defense customers.

How Do They Make Money?

Materion sells specialty metals, alloys, chemicals and other products, with payment generally due when the customer receives or accepts the product.

revenue

Segment	Share	How money arrives
Semiconductor Sold outright	49% FY2022: 45%	Sold outright
Industrial Sold outright	11% FY2022: 14%	Sold outright
Aerospace and Defense Sold outright	12% FY2022: 7.6%	Sold outright
Consumer Electronics Sold outright	9.5% FY2022: 9.2%	Sold outright
Automotive Sold outright	4.3% FY2022: 6.3%	Sold outright
Energy Sold outright	6.9% FY2022: 8.5%	Sold outright
Life Sciences Sold outright	2.6% FY2022: 3.2%	Sold outright
Other Sold outright	5.4% FY2022: 5.7%	Sold outright

Who Are Their Customers?

Customers in semiconductor, industrial, and aerospace and defense markets buy materials, components, and optical products. Materion sells directly from facilities and sales offices, and also uses company-owned service centers, distributors, agents, and independent sales representatives.

Do Revenues Turn Into Profits?

Yes. It kept 4 cents of every revenue dollar as net income in FY2025.

Operating income, FY2025

6% of revenue

▲ +133% vs FY2024 ($47.2M, 3%)

Net income, FY2025

4% of revenue

▲ +1171% vs FY2024 ($5.9M, 0%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jul 3, 2026

Revenue: ▲ +42%; vs $431.7M in Q2 FY2025
Net income: ▲ +54%; vs $25.1M in Q2 FY2025

Semiconductor share of revenue vs 44.5% in Q2 FY2025

Aug 5, 2026 Raised full-year earnings guidance and forecast mid-teens sales growth Raised adjusted earnings-per-share guidance to $6.80 to $7.20 and forecast mid-teens top-line growth.

Growing. Revenue grew 18% in 4 years, from $1.5B in FY2021 to $1.8B in FY2025, about 4% a year.

Revenue over time

Semiconductor Industrial Aerospace and Defense Consumer Electronics Automotive Energy Life Sciences Other Telecom and Data Center

$2B$1B$0

FY2021 FY2022 FY2023 FY2024 FY2025

Who Do They Compete With?

Competes with NGK Insulators, IBC Advanced Alloys, Ningxia Orient Tantalum Industry, Le Bronze Alloys, Minotti Metals, Aurubis, AMPCO Metal, Chuetsu Metal Works, American Beryllia, CBL Ceramics, CoorsTek, Ulba Metallurgical, Wieland Electric, Nippon Mining, Wickeder Group, Honeywell International, Praxair, Tanaka Holding, Viavi, and Coherent

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