Quarterly ResultAug 6, 2026, 07:42 AM
ATI Q2 EPS $1.09, Sales $1.26B; Raises Full-Year Outlook
AI Summary
ATI Inc. announced strong second quarter 2026 financial results, exceeding its guidance. The company reported GAAP diluted EPS of $1.09, a 56% increase year-over-year, and sales of $1.26 billion, up 11%. Adjusted EBITDA rose 37% to $284 million, with an expanded margin of 22.6%. Driven by robust demand, particularly in aerospace and defense, ATI also raised its full-year 2026 guidance for adjusted earnings, EBITDA, and free cash flow, and reported a record backlog of $4.4 billion.
Key Highlights
- Q2 2026 GAAP diluted EPS was $1.09, a 56% increase year-over-year.
- Q2 2026 sales reached $1.26 billion, up 11% year-over-year.
- Q2 2026 Adjusted EBITDA was $284 million, a 37% increase year-over-year.
- Full-year 2026 Adjusted EPS guidance raised to $4.90-$5.18.
- Full-year 2026 Adjusted EBITDA guidance raised to $1.135B-$1.185B.
- Record backlog reached $4.4 billion, up 18% year-over-year.
- High Performance Materials & Components (HPMC) sales were $637.1 million.
- Advanced Alloys & Solutions (AA&S) sales were $624.0 million.
Price Impact
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