Operating Segments was Matthews International’s largest segment in fiscal 2025, bringing in $809.51M of $809.08M (100%).
| Segment | FY 2012 | FY 2013 | FY 2014 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Segments | $840.12M | $843.00M | $829.73M | $809.51M | ||||||||
| Reporting Segments | — | — | — | — | ||||||||
| Reportable Geographical Components | — | — | — | — | ||||||||
| Intersegment Sales | $3.65M | -$3.98M | -$6.44M | -$433.00K | ||||||||
| Total | $843.77M | $839.02M | $823.29M | $809.08M |
Matthews International brought in $809.08M from its two segments in fiscal 2025, the year ended September 30, 2025. That is less than the $1.05B it reports by geography, so these segments do not cover all of its revenue. Operating Segments was the largest at $809.51M (100.1%).
The total is net of Intersegment Sales, which took $433.00K off revenue in fiscal 2025.
North America was Matthews International’s largest region in fiscal 2025, bringing in $774.25M of $1.05B (74%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | $788.79M | $799.15M | $788.92M | $774.25M | |||||||||||||
| United States | — | — | — | — | |||||||||||||
| Sales | — | — | — | — | |||||||||||||
| Europe | $617.59M | $333.76M | $284.99M | $199.25M | |||||||||||||
| The Designated Tax Department Of A Government Entitled To Levy & Collect Income Taxes From The Entity Outside Its Country Of Domicile | — | — | — | — | |||||||||||||
| Asia | $116.63M | $56.09M | $59.27M | $43.68M | |||||||||||||
| Australia | $32.26M | $31.01M | $29.88M | $29.58M | |||||||||||||
| Canada | — | — | — | — | |||||||||||||
| Central & South America | $4.73M | $5.26M | $5.46M | $3.09M | |||||||||||||
| Total | $1.56B | $1.23B | $1.17B | $1.05B |
Matthews International brought in $1.05B from its five regions in fiscal 2025, the year ended September 30, 2025. That was down 10.2% from $1.17B in fiscal 2024. North America was the largest at $774.25M (73.7%), ahead of Europe at $199.25M (19.0%) and Asia at $43.68M (4.2%). The other two regions brought in $32.67M combined.
Compared with fiscal 2024, every region above 2% of revenue shrank. Australia held up best, down 1.0% to $29.58M, and Europe fell the most, down 30.1% to $199.25M. From fiscal 2022 to 2025, combined revenue from these regions fell from $1.56B to $1.05B, a compound annual decline of 12.4%. North America's share of the total rose from 50.6% to 73.7%.
Matthews International (MATW) reports its revenue by segment and by geography. In fiscal 2025, Operating Segments was its largest segment, bringing in $809.51M (100.1% of the total).
Operating Segments was Matthews International's largest segment in fiscal 2025, bringing in $809.51M, or 100.1% of the $809.08M total across its two segments.
North America was Matthews International's largest region in fiscal 2025, bringing in $774.25M, or 73.7% of the $1.05B total across its five regions.
Every figure comes from Matthews International's annual financial filings, as reported. Each line keeps the name Matthews International gives it, and years follow its fiscal calendar.
Matthews International's revenue by segment goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.