Filing Flows › Metallus (MTUS) › Q3 2026 › vs Q3 2025
Metallus (MTUS) Q3 2026 vs Q3 2025 (year over year)
Metallus's revenue rose $31.3M (+10%) from $306M in Q3 2025 to $337M in Q3 2026. The biggest changes: Special Bar Quality Bars +$27.1M (+15%); Seamless Mechanical Tubing +$3.4M (+11%); Other Products +$2.2M (+49%). Gross margin 10.8% against 11.4% (-0.7 pts).
Metallus, Q3 2026: revenue $337M (+10% year over year), operating margin 9.6%, net earnings $23.8M, operating cash flow $6.8M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 10.8% | 11.4% | -0.7 pts |
| Operating margin | 9.6% | 3.6% | +6.0 pts |
| Net margin | 7.1% | 2.6% | +4.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Special Bar Quality Bars | $213M | $186M | $27.1M | +15% |
| Manufactured Components | $83.9M | $85.3M | −$1.4M | -2% |
| Seamless Mechanical Tubing | $33.7M | $30.3M | $3.4M | +11% |
| Other Products | $6.7M | $4.5M | $2.2M | +49% |
| Revenue | $337M | $306M | $31.3M | +10% |
| Gross profit | $36.3M | $35.0M | $1.3M | +4% |
| Cost of revenue | $301M | $271M | $30.0M | +11% |
| Operating profit | $32.3M | $10.9M | $21.4M | +196% |
| Operating expenses | $4.0M | $24.1M | −$20.1M | -83% |
| Pre-tax earnings | $32.3M | $10.9M | $21.4M | +196% |
| Net earnings | $23.8M | $8.1M | $15.7M | +194% |
| Income tax | $8.5M | $2.8M | $5.7M | +204% |
| Operating cash sources | $41.9M | $26.2M | $15.7M | +60% |
| Depreciation & amortization | $14.5M | $14.3M | $200K | +1% |
| Share-based compensation | $3.6M | $3.8M | −$200K | -5% |
| Working capital & other | $35.1M | $4.2M | $30.9M | +736% |
| Operating cash flow | $6.8M | $22.0M | −$15.2M | -69% |
| Capital expenditures | $13.1M | $28.4M | −$15.3M | -54% |
| Negative free cash flow (OCF − capex) | $6.3M | $6.4M | −$100K | -2% |
Questions
How much did Metallus's revenue grow year over year in Q3 2026?
Metallus's revenue rose $31.3M (+10%) from $306M in Q3 2025 to $337M in Q3 2026.
What drove Metallus's revenue change in Q3 2026?
Special Bar Quality Bars +$27.1M (+15%); Seamless Mechanical Tubing +$3.4M (+11%); Other Products +$2.2M (+49%).