Filing Flows › Century Aluminum (CENX) › Q3 2026 › vs Q2 2026
Century Aluminum (CENX) Q3 2026 vs Q2 2026 (quarter over quarter)
Century Aluminum's revenue rose $209M (+28%) from $752M in Q2 2026 to $961M in Q3 2026. The biggest changes: Aluminum +$203M (+29%); Alumina +$6.3M (+13%). Gross margin 31.5% against 30.3% (+1.2 pts).
Century Aluminum, Q3 2026: revenue $961M (+52% year over year), operating margin 30.4%, net earnings $303M, operating cash flow $395M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 31.5% | 30.3% | +1.2 pts |
| Operating margin | 30.4% | 28.1% | +2.3 pts |
| Net margin | 31.5% | 33.1% | -1.7 pts |
| Free cash flow margin | 37.2% | 14.4% | +22.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Aluminum | $905M | $702M | $203M | +29% |
| Alumina | $56.5M | $50.2M | $6.3M | +13% |
| Revenue | $961M | $752M | $209M | +28% |
| Gross profit | $303M | $228M | $75.0M | +33% |
| Cost of revenue | $658M | $524M | $134M | +26% |
| Other income, net | $21.6M | $44.3M | −$22.7M | -51% |
| Operating profit | $292M | $212M | $80.7M | +38% |
| Operating expenses | $10.6M | $16.3M | −$5.7M | -35% |
| Pre-tax earnings | $314M | $256M | $58.0M | +23% |
| Loss borne by minority interests | $300K | $5.5M | −$5.2M | -95% |
| Net earnings | $303M | $249M | $53.3M | +21% |
| Income tax | $11.6M | $12.1M | −$500K | -4% |
| Depreciation & amortization | $21.3M | $16.9M | $4.4M | +26% |
| Working capital & other | $71.0M | −$101M | $172M | — |
| Operating cash flow | $395M | $168M | $227M | +136% |
| Free cash flow (OCF − capex) | $357M | $108M | $249M | +231% |
| Capital expenditures | $37.8M | $59.6M | −$21.8M | -37% |
Questions
How much did Century Aluminum's revenue grow quarter over quarter in Q3 2026?
Century Aluminum's revenue rose $209M (+28%) from $752M in Q2 2026 to $961M in Q3 2026.
What drove Century Aluminum's revenue change in Q3 2026?
Aluminum +$203M (+29%); Alumina +$6.3M (+13%).