What move does the options market price into Mativ's report?

Implied ±22.0%, either direction · provisional.

How often does Mativ move more than the options market prices?

5 of the last 8 reports moved at least as far as the implied move.

MATVNYSEPaper Mills

Mativ Holdings, Inc. (MATV) earnings date, market-implied expected move, and options open interest by expiry

12.09

pre 11.72 +4.92%

Pre-market18:15 ETdelayed

Open11.30Volume598,208Mkt cap$667.8MP/E7.10EPS1.65Div yield3.31%

Day11.30 – 12.0953%52-wk7.01 – 15.0259%

MATV

Mativ Holdings, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±22.0%implied · straddle

9.4414.76

spot 12.10exp Mar 19ATM strike 12.5ATM straddle 3.12IV 53%

Nov 4 closeprovisional

Expected move

Inputs

Next report

Feb 17

after close · in 104 days

est.Q4 FY26

Calendar

Next report

Last report

Nov 4

after close

confirmedNov 3 closethin chain

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+2.48%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

204 managers

Top fund weight

0.01%

MATV weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Mativ (MATV) is expected to report on Feb 17 after close (estimated date).

Implied vs realized

8 reports

5 of 8≥ implied

avg implied: ±14.0%
avg realized: ±17.0%

Nov 6 '24Nov 6 '24confirmed±9.3%▼−21.09%×2.27

Feb 19 '25Feb 19 '25confirmed±12.2%▼−17.82%×1.46

May 7 '25May 7 '25confirmed±11.8%▲+8.95%×0.76

Aug 6 '25Aug 6 '25confirmed±20.4%▲+34.71%×1.70

Q3 FY25Nov 5 '25confirmed±18.4%▲+21.94%×1.19

Feb 18 '26Feb 18 '26confirmed±10.4%▼−7.96%×0.77

Q1 FY26May 6 '26confirmed±13.6%▲+1.18%×0.09

Q2 FY26Aug 5 '26confirmed±16.0%▲+22.05%×1.38

quarterimplied−35%0+35%realized×

Q2 FY26±16.0%▲+22.05%×1.38

Q1 FY26±13.6%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Nov 4 close

0.06OI · 3 expiries · Nov 4 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

580%Nov 2015d0.321840%0.32

2290%Dec 1843d0.231,0170%0.23

report · Feb 17 · after close · est.

440%Mar 19134d764−1%

ExpiryPutsCallsP/C

Nov 2015d580%1840%0.32

Dec 1843d2290%1,0170%0.23

report · Feb 17 · after close · est.

Mar 19134d440%

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±22.0%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

0.68%as filednet margin · revenue +10.88% QoQ · +1.22% YoY

Revenue

$532M+10.88% QoQ

Gross profit

$113M+33.45% QoQ

21.31% margin

Operating income

$35M+383.56% QoQ

6.64% margin

Pre-tax income

$7M+178.16% QoQ

Net income

$4M+130.77% QoQ

0.68% margin

Cost of revenue

$419M+6.03% QoQ

Operating expenses

$78M+0.52% QoQ

SG&A $57M

R&D $5M

Other operating $17M

Other expense

$29M

Tax

$3M+6.67% QoQ

Revenue$532M+10.88%

Gross profit

$113M+33.45%

21.31% margin

Operating income

$35M+383.56%

6.64% margin

Pre-tax income

$7M+178.16%

Net income

$4M+130.77%

0.68% margin

Cost of revenue

$419M+6.03%

Operating expenses

$78M+0.52%

SG&A $57M

R&D $5M

Other operating $17M

Other expense

$29M

Tax$3M+6.67%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 4 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 18:15 ET

Intraday

Event sensitivity

FOMC ×1.28· ±3.4% vs ±2.6% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±3.4%8 of 24×1.28

NFPjobs report±3.2%6 of 10×1.23

GDPgross domestic product±2.6%5 of 19×0.99

PCEpersonal income & outlays±2.6%6 of 19×0.98

CPIconsumer prices±1.7%5 of 10×0.63

CPROFcorporate profits±1.5%6 of 12×0.56

PPIproducer prices±1.3%3 of 10×0.48

Bar = avg |move| to ±4% · tick = ±2.6% avg day · ×base = |move| ÷ ±2.6% · min 6 releases

Earnings history

EPS 0.06 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	0.06	—
Q1 FY26	May 6 '26 · confirmed	-0.22	—
Q3 FY25	Nov 5 '25 · confirmed	-0.06	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod