马修国际 2026年季度报告

FORM 10-Q ☒Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the Quarterly Period Ended December31, 2025 or ☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the Transition Period from _____ to _____ Commission File No. 0-09115____________________________________________________________ MATTHEWS INTERNATIONAL CORPORATION (Exact name of registrant as specified in its charter)____________________________________________________________ (I.R.S. EmployerIdentification No.) Two Northshore Center, Pittsburgh, PA 15212-5851(Address of principal executive offices) (Zip Code) (412) 442-8200(Registrant's telephone number, including area code) Not Applicable(Former name, former address and former fiscal year, if changed since last report) Name of each exchange on which registered Nasdaq Global Select Market MATW Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growthcompany" in Rule 12b-2 of the Exchange Act. Large accelerated filerAccelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No As of December31, 2025, shares of common stock outstanding were: Class A Common Stock 31,126,081 shares. MATTHEWS INTERNATIONAL CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME (Unaudited)(Dollar amounts in thousands, except per share data) MATTHEWS INTERNATIONAL CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITYfor the three months ended December31, 2025 and 2024 (Unaudited)(Dollar amounts in thousands, except per share data) MATTHEWS INTERNATIONAL CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)(Dollar amounts in thousands) MATTHEWS INTERNATIONAL CORPORATION AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)December31, 2025(Dollar amounts in thousands, except per share data) Note 1.Nature of Operations Matthews International Corporation ("Matthews" or the "Company"), founded in 1850 and incorporated in Pennsylvania in 1902, is aglobal provider of memorialization products, industrial technologies and brand solutions. The Company manages its businesses underthree segments: Memorialization, Industrial Technologies and Brand Solutions. Memorialization products consist primarily of bronze andgranite memorials and other memorialization products, caskets, cremation-related products, and cremation and incineration equipmentprimarily for the cemetery and funeral home industries. Industrial Technologies includes product identification, and the design,manufacturing, service and sales of high-tech custom energy storage solutions. The segment historically provided warehouse automationtechnologies and solutions, including order fulfillment systems for identifying, tracking, picking and conveying consumer and industrialproducts, and coating and converting lines for the packaging, pharma, foil, décor and tissue industries. Brand Solutions historicallyprovidedbrand management,pre-media services,printing plates and cylinders,imaging services,digital asset management,merchandising display systems, and marketing and design services primarily for the consumer goods and retail industries. On May 1, 2025, the Company contributed the vast majority of its Brand Solutions segment (the "SGK Business") to a newly-formedentity, Peninsula Parent LLC, d.b.a. Propelis Group (“Propelis”), in exchange for a 40% ownership interest in Propelis and otherconsideration. Propelis is a leading global provider of brand solutions. In December 2025, the Company sold its European roto-gravurepackaging and tooling and flexographic print businesses to the local management of those businesses in exchan