Filing Flows › ATI (ATI) › Q2 2026
ATI (ATI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
ATI (ATI) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +11% from a year earlier and +10% from the quarter before. Operating margin was 17.4%, net earnings $151M (12.0% of revenue).
ATI, Q2 2026: revenue $1.3B (+11% year over year), operating margin 17.4%, net earnings $151M, operating cash flow $132M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +10% | +11% |
| Gross profit | $310M | +18% | +28% |
| Operating profit | $220M | +34% | +37% |
| Net earnings | $151M | +28% | +50% |
| Operating cash flow | $132M | +3% | -18% |
| Free cash flow | $63.2M | -13% | -29% |
What changed
Revenue was $1.3B in Q2 2026, up 11% year over year and up 10% from the previous quarter.
Gross margin was 24.6%, up 3.3 points from a year earlier. Operating profit was $0.22B, a 17.4% margin (up 3.3 points year over year). Of the extra revenue versus a year earlier, 49% reached operating profit, above the 14% margin then. Operating expenses grew 10% against revenue growth of 11%. Net earnings were $0.15B, up 50% year over year. The effective tax rate was 20.0%.
Operating cash flow was $0.13B (down 18% year over year), 85% of net income including minority interests. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.07B. Capital expenditures of $0.07B left free cash flow of $0.06B.
Questions
What was ATI's revenue in the second quarter 2026?
ATI (ATI) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +11% from a year earlier and +10% from the quarter before.
Was ATI profitable in the second quarter 2026?
Operating profit was $220M (17.4% of revenue) and net earnings $151M.
Source: ATI 10-Q on SEC EDGAR.