Short answer
Matson, Inc. (MATX) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $880M (down 8.5% year over year) with net income of $135M.
Q3 2025 key financials · XBRL
- Revenue
- $880M
- −8.5% YoY · +6.0% QoQ
- Net income
- $135M
- −32.3% YoY · +42.2% QoQ
- Operating margin
- 18.3%
- EPS (diluted)
- $4.19
- −27.8% YoY · +44.0% QoQ
Source: XBRL data from the Matson, Inc. (MATX) Q3 2025 10-Q on SEC EDGAR. USD.
Matson, Inc. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- No profitability or margin percentages provided in this section
- Shares repurchased 0.6 million in Q3 2025 for $66.4 million, up from 0.4 million shares/$48.1 million in Q3 2024
- Future vessel construction milestone payments total estimated $1,006 million, with $325.9 million paid as of September 30, 2025
- Management intends to fund vessel payments with CCF cash, cash equivalents, and investments; no updated guidance or headwinds mentioned
Risk Factors
- New litigation risk related to Jones Act challenged in Feb 2025 lawsuit alleging constitutional violation, with potential impact if law repealed or amended
- Updated macroeconomic risk including U.S.-China trade deal suspending port entry fees Nov 10, 2025, following reciprocal tariffs and fees that increased costs
- Legal risk of losing U.S. citizenship status if over 25% non-U.S. ownership, risking disqualification from coastwise trade and vessel forfeiture
- Operational risk from intensified competition as new entrants and charter vessels increase shipping capacity, pressuring volumes and rates
- Market risk of demand decline tied to key U.S. regions’ economies (Hawaii, Alaska, Guam) affected by tourism, military spending, inflation, and currency fluctuations
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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