---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-042757"
form_type: "8-K"
ticker: "MAGN"
cik: "0000041719"
company_name: "Magnera Corp"
filed_at: "2025-11-19T23:59:59+00:00"
generated_at: "2026-05-16T18:36:40.708072+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Magnera reports Q4 net sales $839M, adjusted EBITDA $90M; FY net sales $3.2B, adjusted EBITDA $354M

## Summary
- Q4 GAAP operating income $10M, net cash from operations $96M; FY operating income $5M.
- FY comparable net sales down 4% vs prior year; adjusted EBITDA down 4% on comparable basis.
- Year-end leverage 3.8x; $50M term loan repaid in Q4; post-merger adj. free cash flow $126M.
- FY 2026 target: improve reported earnings ~9% via cost actions and capacity optimization.
- CEO cites stable cash flows and mission-critical products despite soft macroeconomic environment.

## SEC filing metadata
- accession: 0001140361-25-042757
- form_type: 8-K
- ticker: MAGN
- cik: 0000041719
- company_name: Magnera Corp
- filed_at: 2025-11-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/41719/000114036125042757/0001140361-25-042757-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/41719/000114036125042757/ef20059647_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-042757
- JSON: https://secwatch.observer/filing/0001140361-25-042757.json
- Plain text: https://secwatch.observer/filing/0001140361-25-042757.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.