Reported Earlier,Magnera Reports Fourth Quarter 2025 Results With $839M Net Sales $10M Operating Income And Record $96M Cash From Operations

Fourth Quarter Highlights

• GAAP: Net sales of $839 million, Operating income of $10 million
• Non-GAAP: Adjusted EBITDA of $90 million
• Record cash flow with cash from operations of $96 million
• $50 million term loan repayment

Fiscal Year Highlights

• GAAP: Net sales of $3.2 billion, Operating income of $5 million
• Non-GAAP: Adjusted EBITDA of $362 million ($354 million reported and pre-merger $8 million October)
• Post-merger adjusted free cash flow $126 million represents a yield of over 30% as of year-end
• Year-end leverage of 3.8x