MATV (MATV) financial statements
MATV reported revenue of $2.0B in fiscal 2025, up 10.0% a year over 9 years.
Net income was -$337M and the operating margin -19.3%, against 13.1% in 2016.
Free cash flow was $94M, and the company returned $22M in dividends.
The diluted share count rose 79% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from MATV's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $840M | $982M | $1.0B | $1.0B | $1.1B | $931M | $1.6B | $2.0B | $2.0B | $2.0B |
| Cost of revenue | $582M | $699M | $763M | $733M | $766M | $748M | $1.3B | $1.7B | $1.6B | $1.6B |
| Gross profit | $258M | $283M | $278M | $290M | $308M | $183M | $306M | $356M | $364M | $363M |
| Research and development | $18M | $18M | $15M | $14M | $14M | $12M | $19M | $21M | $23M | $24M |
| Selling, general and admin | $105M | $129M | $127M | $139M | $154M | $186M | $255M | $264M | $234M | $229M |
| Operating income | $110M | $128M | $135M | $134M | $129M | -$16M | -$40M | -$414M | $6M | -$384M |
| Interest expense | $17M | $27M | $28M | $36M | $30M | $40M | $57M | $62M | $75M | $71M |
| Pre-tax income | $93M | $102M | $117M | $97M | $97M | -$26M | -$96M | -$481M | -$79M | -$463M |
| Income tax | $15M | $70M | $11M | $15M | $18M | -$28M | -$28M | $27M | -$30M | -$126M |
| Net income | $83M | $34M | $94M | $86M | $84M | $89M | -$7M | -$310M | -$49M | -$337M |
| EPS (diluted) | $2.70 | $1.12 | $3.06 | $2.76 | $2.66 | $2.80 | -$0.18 | -$5.69 | -$0.90 | -$6.19 |
| Diluted shares | 30M | 31M | 31M | 31M | 31M | 31M | 42M | 55M | 54M | 55M |
| Gross margin | 30.7% | 28.9% | 26.7% | 28.4% | 28.7% | 19.7% | 18.7% | 17.6% | 18.4% | 18.3% |
| Operating margin | 13.1% | 13.1% | 13.0% | 13.1% | 12.0% | -1.7% | -2.5% | -20.4% | 0.3% | -19.3% |
| Net margin | 9.9% | 3.5% | 9.1% | 8.4% | 7.8% | 9.6% | -0.4% | -15.3% | -2.5% | -17.0% |
Balance sheet
Fiscal years, from MATV's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $107M | $107M | $94M | $103M | $55M | $75M | $101M | $120M | $94M | $84M |
| Receivables | $115M | $149M | $155M | $143M | $148M | $238M | $178M | $176M | $162M | $181M |
| Inventory | $119M | $155M | $152M | $161M | $180M | $260M | $415M | $353M | $355M | $329M |
| Total current assets | $364M | $433M | $429M | $428M | $396M | $595M | $975M | $712M | $658M | $639M |
| Property, plant and equipment | $307M | $362M | $340M | $330M | $339M | $462M | $692M | $672M | $620M | $625M |
| Goodwill | $230M | $341M | $338M | $337M | $404M | $645M | $844M | $474M | $466M | $58M |
| Total assets | $1.2B | $1.5B | $1.5B | $1.5B | $1.6B | $2.4B | $3.7B | $2.6B | $2.4B | $2.1B |
| Total current liabilities | $136M | $147M | $144M | $158M | $167M | $231M | $466M | $281M | $274M | $285M |
| Long-term debt | $437M | $679M | $619M | $541M | $590M | $1.3B | $1.7B | $1.1B | $1.1B | $1.0B |
| Total liabilities | $665M | $996M | $909M | $874M | $935M | $1.7B | $2.5B | $1.7B | $1.6B | $1.6B |
| Shareholders' equity | $508M | $547M | $558M | $598M | $650M | $682M | $1.2B | $949M | $858M | $499M |
| Net debt | $333M | $577M | $528M | $440M | $539M | $1.2B | $1.6B | $984M | $995M | $934M |
Cash flow
Fiscal years, from MATV's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $130M | $131M | $139M | $160M | $162M | $58M | $202M | $107M | $95M | $134M |
| Capital spending | $31M | $41M | $30M | $34M | $33M | $22M | $48M | $66M | $56M | $40M |
| Free cash flow | $99M | $90M | $109M | $126M | $128M | $36M | $154M | $40M | $39M | $94M |
| Stock-based compensation | $6M | $7M | $5M | $8M | $9M | $8M | $20M | $10M | $11M | $11M |
| Dividends paid | $49M | $52M | $53M | $54M | $55M | $55M | $72M | $55M | $22M | $22M |
| Share buybacks (net) | -$700,000 | -$1M | -$3M | -$900,000 | -$1M | -$3M | -$7M | -$11M | — | — |
| Net borrowing | -$135M | $233M | -$61M | -$80M | $47M | $689M | $434M | -$594M | -$24M | -$80M |
| Free cash flow margin | 11.8% | 9.2% | 10.5% | 12.3% | 11.9% | 3.8% | 9.4% | 2.0% | 2.0% | 4.7% |
| Dividends per share | $1.62 | $1.70 | $1.73 | $1.76 | $1.77 | $1.76 | $1.70 | $1.01 | $0.40 | $0.41 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for MATV.
Open MATV in InvestinglyQuestions
What was MATV's revenue in 2025?
$2.0B in fiscal 2025, from its 10-K filing.
How much free cash flow does MATV generate?
$94M in fiscal 2025 (operating cash flow minus capital spending).
From MATV's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.