Filing Flows › Kaiser Aluminum (KALU) › Q3 2026
Kaiser Aluminum (KALU) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 22, 2026
Kaiser Aluminum (KALU) reported revenue of $1.2B for the third quarter 2026 (Q3 2026), +44% from a year earlier and -3% from the quarter before. Operating margin was 4.5%, net earnings $31.0M (2.6% of revenue).
Kaiser Aluminum, Q3 2026: revenue $1.2B (+44% year over year), operating margin 4.5%, net earnings $31.0M, operating cash flow $101M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -3% | +44% |
| Operating profit | $55.2M | -59% | +13% |
| Net earnings | $31.0M | -68% | -22% |
| Operating cash flow | $101M | +69% | +70% |
| Free cash flow | $72.3M | +106% | +110% |
What changed
Revenue was $1.2B in Q3 2026, up 44% year over year and down 3% from the previous quarter. Packaging was the largest line at 46% of revenue. Packaging added $0.17B year over year (up 43%), 45% of the total change.
Operating profit was $0.06B, a 4.5% margin (down 1.2 points year over year). Of the extra revenue versus Q3 2025, 2% reached operating profit, below the 6% margin then. Total costs grew 46% against revenue growth of 44%. The fastest-growing cost line was Cost of revenue (+51%). Net earnings were $0.03B, down 22% year over year. The effective tax rate was 22.9%.
Operating cash flow was $0.10B (up 70% year over year), 325% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.03B left free cash flow of $0.07B.
Questions
What was Kaiser Aluminum's revenue in the third quarter 2026?
Kaiser Aluminum (KALU) reported revenue of $1.2B for the third quarter 2026 (Q3 2026), +44% from a year earlier and -3% from the quarter before.
Was Kaiser Aluminum profitable in the third quarter 2026?
Operating profit was $55.2M (4.5% of revenue) and net earnings $31.0M.
Source: Kaiser Aluminum 10-Q on SEC EDGAR.