Filing Flows › ATI (ATI) › Q3 2026 › vs Q3 2025
ATI (ATI) Q3 2026 vs Q3 2025 (year over year)
ATI's revenue rose $298M (+26%) from $1.1B in Q3 2025 to $1.4B in Q3 2026. Gross margin 26.7% against 22.7% (+4.0 pts).
ATI, Q3 2026: revenue $1.4B (+26% year over year), operating margin 19.1%, net earnings $190M, operating cash flow $155M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 26.7% | 22.7% | +4.0 pts |
| Operating margin | 19.1% | 14.4% | +4.7 pts |
| Net margin | 13.3% | 9.8% | +3.6 pts |
| Free cash flow margin | 4.3% | 14.8% | -10.5 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $1.1B | $298M | +26% |
| Gross profit | $380M | $255M | $125M | +49% |
| Cost of revenue | $1.0B | $870M | $173M | +20% |
| Operating profit | $272M | $162M | $110M | +67% |
| Operating expenses | $108M | $92.9M | $15.4M | +17% |
| Pre-tax earnings | $245M | $145M | $100M | +69% |
| Other expense, net | $27.1M | $17.8M | $9.3M | +52% |
| Net earnings | $190M | $110M | $79.8M | +73% |
| Minority interests | $3.5M | $3.6M | −$100K | -3% |
| Income tax | $51.5M | $31.0M | $20.5M | +66% |
| Depreciation & amortization | $44.9M | $42.6M | $2.3M | +5% |
| Share-based compensation | $9.2M | $7.7M | $1.5M | +19% |
| Working capital & other | $89.3M | −$69.2M | $158M | — |
| Operating cash flow | $155M | $230M | −$74.9M | -33% |
| Free cash flow (OCF − capex) | $61.8M | $167M | −$105M | -63% |
| Capital expenditures | $92.8M | $62.5M | $30.3M | +48% |
Questions
How much did ATI's revenue grow year over year in Q3 2026?
ATI's revenue rose $298M (+26%) from $1.1B in Q3 2025 to $1.4B in Q3 2026. Gross margin 26.7% against 22.7% (+4.0 pts).