Silgan Holdings Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 5, 2026, reporting net sales of $2.04 billion for the third quarter and a year-to-date net loss of cash from operating activities of $646.4 million.

Key Highlights

  • Third-quarter net sales: $2,040,191 thousand for the three months ended September 30, 2026, compared to $2,008,739 thousand in the same period a year earlier.
  • Third-quarter net income: $104,981 thousand, down from $113,293 thousand in the third quarter of 2025.
  • Diluted earnings per share: $0.99 for Q3 2026, versus $1.06 in Q3 2025; $2.30 on a nine-month basis versus $2.52 a year earlier.
  • Rationalization charges: $17,070 thousand in Q3 2026 and $44,276 thousand through nine months, compared to $7,189 thousand and $28,012 thousand in the respective prior-year periods.
  • Total assets: $9,396,036 thousand as of September 30, 2026, essentially flat with $9,397,083 thousand at December 31, 2025.
  • Cash and cash equivalents: $324,989 thousand at September 30, 2026, down from $1,080,659 thousand at December 31, 2025.
  • Shares outstanding: 105,682,020 as of October 31, 2026, according to the filing.

Silgan's Third-Quarter 2026 Operating and Financial Results

Silgan Holdings Inc. (NYSE:SLGN), a Delaware-incorporated manufacturer of consumer goods packaging with principal executive offices in Norwalk, Connecticut, reported net sales of $2,040,191 thousand for the three months ended September 30, 2026, an increase from $2,008,739 thousand in Q3 2025. For the nine months ended September 30, 2026, net sales totaled $5,244,718 thousand, up from $5,014,561 thousand in the year-earlier nine-month period, according to the filing. Gross profit for the third quarter was $328,587 thousand, compared to $327,250 thousand in Q3 2025, while the nine-month gross profit was $889,242 thousand versus $896,744 thousand a year earlier.

The filing disclosed that income before interest and income taxes was $191,672 thousand for Q3 2026, compared to $198,658 thousand in Q3 2025. Rationalization charges, which the company recorded in connection with restructuring activity, rose to $17,070 thousand in the third quarter of 2026 from $7,189 thousand in the prior-year quarter, and to $44,276 thousand through the first nine months of 2026 from $28,012 thousand through nine months of 2025. The company also reported a loss on early extinguishment of debt of $1,017 thousand in the nine months ended September 30, 2026, with no comparable charge in the year-earlier period.

On the balance sheet, the filing showed goodwill of $2,448,430 thousand and other intangible assets, net, of $842,714 thousand as of September 30, 2026, reflecting the company's history of acquisition-driven growth in the packaging sector. Total long-term debt stood at $3,640,278 thousand, while total stockholders' equity was $2,478,361 thousand. Net cash used in operating activities for the nine months ended September 30, 2026 was $646,363 thousand, driven in part by a $1,050,101 thousand increase in trade accounts receivable. Capital expenditures for the nine-month period were $229,451 thousand, and dividends paid on common stock totaled $67,281 thousand.

What Was Disclosed

Silgan Holdings filed a quarterly report covering the three and nine months ended September 30, 2026, disclosing income statement, balance sheet, cash flow, and stockholders' equity data, along with rationalization charges, debt activity, and share count as of October 31, 2026.