Filing Flows › Century Aluminum (CENX) › Q2 2026 › vs Q2 2025
Century Aluminum (CENX) Q2 2026 vs Q2 2025 (year over year)
Century Aluminum's revenue rose $124M (+20%) from $628M in Q2 2025 to $752M in Q2 2026. The biggest changes: Aluminum +$133M (+23%); Alumina −$9.3M (-16%). Gross margin 30.3% against 5.3% (+25.0 pts).
Century Aluminum, Q2 2026: revenue $752M (+20% year over year), operating margin 28.1%, net earnings $249M, operating cash flow $168M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 30.3% | 5.3% | +25.0 pts |
| Operating margin | 28.1% | 2.9% | +25.3 pts |
| Net margin | 33.1% | -0.7% | +33.9 pts |
| Free cash flow margin | 14.4% | -2.5% | +16.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Aluminum | $702M | $569M | $133M | +23% |
| Alumina | $50.2M | $59.5M | −$9.3M | -16% |
| Revenue | $752M | $628M | $124M | +20% |
| Gross profit | $228M | $33.6M | $194M | +578% |
| Cost of revenue | $524M | $594M | −$70.3M | -12% |
| Other income, net | $44.3M | −$31.1M | $75.4M | — |
| Operating profit | $212M | $18.1M | $194M | 12× |
| Operating expenses | $16.3M | $15.5M | $800K | +5% |
| Pre-tax earnings | $256M | −$13.0M | $269M | — |
| SG&A | $15.9M | $14.0M | $1.9M | +14% |
| Other operating costs | $400K | $1.5M | −$1.1M | -73% |
| Loss borne by minority interests | $5.5M | $7.1M | −$1.6M | -23% |
| Net earnings | $249M | −$4.6M | $254M | — |
| Income tax | $12.1M | −$1.3M | $13.4M | — |
| Depreciation & amortization | $16.9M | $23.3M | −$6.4M | -27% |
| Share-based compensation | $2.5M | $2.8M | −$300K | -11% |
| Working capital & other | $101M | $13.6M | $87.5M | +643% |
| Operating cash flow | $168M | $7.9M | $160M | 21× |
| Free cash flow (OCF − capex) | $108M | −$15.9M | $124M | — |
| Capital expenditures | $59.6M | $23.8M | $35.8M | +150% |
Questions
How much did Century Aluminum's revenue grow year over year in Q2 2026?
Century Aluminum's revenue rose $124M (+20%) from $628M in Q2 2025 to $752M in Q2 2026.
What drove Century Aluminum's revenue change in Q2 2026?
Aluminum +$133M (+23%); Alumina −$9.3M (-16%).