Filing Flows › Century Aluminum (CENX) › Q2 2026
Century Aluminum (CENX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Century Aluminum (CENX) reported revenue of $752M for the second quarter 2026 (Q2 2026), +20% from a year earlier and +16% from the quarter before. Operating margin was 28.1%, net earnings $249M (33.1% of revenue).
Century Aluminum, Q2 2026: revenue $752M (+20% year over year), operating margin 28.1%, net earnings $249M, operating cash flow $168M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $752M | +16% | +20% |
| Gross profit | $228M | +92% | +578% |
| Operating profit | $212M | -43% | 12× |
| Net earnings | $249M | -26% | — |
| Operating cash flow | $168M | +145% | 21× |
| Free cash flow | $108M | — | — |
What changed
Revenue was $752.1M in Q2 2026, up 20% year over year and up 16% from the previous quarter. Aluminum was the largest line at 93% of revenue. Aluminum added $133.3M year over year (up 23%), 108% of the total change. Alumina declined 16%.
Gross margin was 30.3%, up 25.0 points from Q2 2025. Operating profit was $211.6M, a 28.1% margin (up 25.3 points year over year). Of the extra revenue versus Q2 2025, 156% reached operating profit, above the 3% margin then. Operating expenses grew 5% against revenue growth of 20%. The fastest-growing cost line was SG&A (+14%). Net earnings were $249.3M ($243.8M including minority interests, which bore $5.5M of losses). The effective tax rate was 4.7%.
Operating cash flow was $167.6M (up 2022% year over year), 69% of net income including minority interests. Non-cash charges added back $16.9M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $95.6M. Capital expenditures of $59.6M left free cash flow of $108.0M.
Questions
What was Century Aluminum's revenue in the second quarter 2026?
Century Aluminum (CENX) reported revenue of $752M for the second quarter 2026 (Q2 2026), +20% from a year earlier and +16% from the quarter before.
Was Century Aluminum profitable in the second quarter 2026?
Operating profit was $212M (28.1% of revenue) and net earnings $249M.
Source: Century Aluminum 10-Q on SEC EDGAR.