Mattr Announces Third Quarter 2026 Results: Sequential Growth Drives Record Third Quarter Revenue and Adjusted EBITDA
Key Highlights
- ➤Q3 revenue $423.4 million, up 34.4% year over year
- ➤Q3 Adjusted EBITDA $68.6 million, up 101.7% year over year
- ➤Q3 diluted Adjusted EPS $0.43 versus $0.05 prior year
- ➤Mattr repaid $44.2 million on its Credit Facility during Q3
- ➤2027 tariffs could reduce annualized Adjusted EBITDA by approximately $20 million
Expert Statements
Mike Reeves, President & CEO of Mattr
“Driven by continued demand for our differentiated infrastructure products and improving operational efficiency across both segments, Mattr delivered strong sequential and year-over-year growth, setting new records for revenue and Adjusted EBITDA during the third quarter”
Mike Reeves, President & CEO of Mattr
“Typical third-quarter seasonal strength was enhanced by higher sales into retail fuel, water management, oilfield and data center applications, and progression of our ongoing business optimization activities. Consequently, our expectations for full-year 2026 Adjusted EBITDA have moved modestly higher, and we anticipate the seasonally slower fourth quarter will likely yield Adjusted EBITDA similar to the first quarter of 2026. Supported by strong year-to-date results, positive commercial and operational momentum, and particularly strong third-quarter cash generation, Mattr's balance sheet is now well-positioned for strategic flexibility.”
TORONTO, Nov. 12, 2026 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) reported today its operational and financial results for the three and nine months ended September 30, 2026. This press release should be read in conjunction with the Company’s Management's Discussion and Analysis (“MD&A”) and unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2026, which are available on the "Investor Center" page of the Company’s website and at www.sedarplus.ca.
“Driven by continued demand for our differentiated infrastructure products and improving operational efficiency across both segments, Mattr delivered strong sequential and year-over-year growth, setting new records for revenue and Adjusted EBITDA during the third quarter” said Mike Reeves, President & CEO.
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