| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.1K | 42.4% |
| Total Income | 1.1K | 42.4% |
| Expenditure | 1.0K | 37.1% |
| PBT | 82.40 | 186.1% |
| Net Profit | 62.50 | 189.3% |
| OPM | 8.84% | 3.51pp |
| NPM | 5.65% | 2.87pp |
| EPS | 3.85 | 187.3% |
Kaiser Aluminum Reports Record Q1 2026 Net Sales $1.1 Billion
23 Apr 2026 · 23 Apr, 2:10 am
Summary
Kaiser Aluminum Corporation announced record first quarter 2026 financial results, with net sales reaching $1.1 billion. Conversion revenue increased by 11% to $404 million. Net income was reported at $63 million, or $3.71 per diluted share, while adjusted EBITDA stood at $129 million with a margin of 31.8%. The company's strong performance and improved financial position led to an increased full-year outlook.
Key Highlights
- 1
Kaiser Aluminum Corporation reported record first quarter 2026 net sales of $1.1 billion.
- 2
The company's conversion revenue increased by 11% to $404 million in the first quarter of 2026.
- 3
Net income for the first quarter of 2026 was $63 million, resulting in a net income per diluted share of $3.71.
- 4
Adjusted EBITDA for the first quarter reached $129 million, with an adjusted EBITDA margin of 31.8%.
- 5
Shipments for the first quarter of 2026 improved 7% year-over-year.
- 6
The company declared a quarterly dividend of $0.77 per share.
- 7
Kaiser Aluminum's net debt leverage ratio improved to 2.8x.
Management Comments
Keith A. Harvey
Our strong finish to 2025 carried into 2026, giving us the confidence to raise our full year outlook. EBITDA growth was driven by a higher value packaging mix, improving aerospace demand, widening scrap spreads and strong customer activity across all end markets, supplemented by metal lag gains. These results reflect the structural improvements taking hold across the business and the earnings power we are unlocking as our strategic initiatives advance.
Informational and educational content only. Not investment advice.