Magnera Corp
Financial highlights
| Metric | FY 09/27/25 | FY 09/28/24 | FY 12/31/23 | FY 09/30/23 | FY 12/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.2B | $2.2B | $1.4B | $2.3B | $1.5B |
| Cost of revenue | $2.9B | $1.9B | $1.3B | $2.0B | $1.3B |
| Gross profit | — | — | $129.7M | — | $148.8M |
| Selling, general & administrative | $190.0M | $107.0M | $109.7M | $110.0M | $125.0M |
| Research and development | $20.0M | $13.0M | — | $15.0M | — |
| Operating expenses | $2.9B | $1.9B | — | $2.0B | — |
| Operating income | $5.0M | -$141.0M | $2.7M | $69.0M | -$164.0M |
| Interest expense | $141.0M | $3.0M | $64.7M | $0 | $33.2M |
| Pretax income | -$166.0M | -$135.0M | -$71.1M | $72.0M | -$204.4M |
| Income tax expense | -$7.0M | $19.0M | $7.0M | $34.0M | -$10.3M |
| Net income | -$159.0M | -$154.0M | -$79.1M | $38.0M | -$194.2M |
| Balance Sheet | |||||
| Cash and equivalents | $305.0M | $230.0M | $50.3M | — | $110.7M |
| Current assets | $1.4B | $886.0M | $606.0M | — | $679.5M |
| Total assets | $4.0B | $2.8B | $1.6B | — | $1.6B |
| Current liabilities | $601.0M | $457.0M | $280.4M | — | $360.4M |
| Total liabilities | $2.9B | $668.0M | $1.3B | — | $1.3B |
| Stockholders' equity | $1.1B | $2.1B | $256.9M | $2.4B | $318.0M |
| Cash Flow Statement | |||||
| Cash from operations | $103.0M | $192.0M | -$25.6M | $257.0M | -$40.8M |
| Depreciation and amortization | $206.0M | $175.0M | $63.2M | $169.0M | $66.7M |
| Stock-based compensation | $19.0M | $7.0M | $2.8M | $7.0M | $831,000 |
| Capital expenditure | $67.0M | $72.0M | $33.8M | $88.0M | $37.7M |
| Free cash flow | $36.0M | $120.0M | -$59.4M | $169.0M | -$78.6M |
| Dividends paid | — | — | $0 | — | $18.8M |
| Impairments | $0 | $172.0M | $0 | $0 | $190.6M |
Shares outstanding 35.8M · Free float 54.1%
Annual filing data through FY ended September 27, 2025; float as of July 8, 2026.