Filing Flows › Metallus (MTUS) › How it makes money
How Metallus (MTUS) makes money
Metallus (MTUS) made $337M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Special Bar Quality Bars brought in $213M (63%); Manufactured Components brought in $83.9M (25%); Seamless Mechanical Tubing brought in $33.7M (10%). Of every dollar of revenue, 11¢ was left as gross profit, 10¢ was left as operating profit, 7¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Special Bar Quality Bars | $213M | 63.1% | -4% | +15% |
| Manufactured Components | $83.9M | 24.9% | +8% | -2% |
| Seamless Mechanical Tubing | $33.7M | 10.0% | -5% | +11% |
| Other Products | $6.7M | 2.0% | +5% | +49% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $337M | 100.0% |
| Cost of revenue | $301M | 89.2% |
| Gross profit | $36.3M | 10.8% |
| Operating expenses | $4.0M | 1.2% |
| Operating profit | $32.3M | 9.6% |
| Income tax | $8.5M | 2.5% |
| Net earnings | $23.8M | 7.1% |
| Operating cash flow | $6.8M | 2.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $337M | +10% |
| Q2 2026 | $341M | +12% |
| Q1 2026 | $308M | +10% |
| Q4 2025 | $267M | +11% |
| Q3 2025 | $306M | +35% |
| Q2 2025 | $305M | +3% |
| Q1 2025 | $280M | -13% |
From Metallus' 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does Metallus make money?
Metallus (MTUS) made $337M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Special Bar Quality Bars brought in $213M (63%); Manufactured Components brought in $83.9M (25%); Seamless Mechanical Tubing brought in $33.7M (10%). Of every dollar of revenue, 11¢ was left as gross profit, 10¢ was left as operating profit, 7¢ was left as net earnings.
What is Metallus' biggest business?
Special Bar Quality Bars: $213M in the third quarter 2026, 63% of revenue, +15% from a year earlier.
What is Metallus' profit margin?
Net earnings were $23.8M, 7.1% of revenue, in the third quarter 2026; the operating margin was 9.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.