ATI reports strong Q3 2026 results and raises FY26 adjusted EBITDA outlook
ATI Inc. posted third‑quarter 2026 sales of $1.42 billion, up 26% year‑over‑year, and GAAP EPS of $1.37, a 76% increase. Adjusted EBITDA rose 46% to $328 million, with a margin of 23.0%. The company lifted its full‑year 2026 adjusted EBITDA guidance by $35 million to $1.195 billion, citing robust aerospace and defense demand. Management also reaffirmed its adjusted free‑cash‑flow target of $550‑$600 million for the year.
Why it matters
The higher EBITDA guidance improves ATI's earnings outlook for FY26, potentially supporting a stronger share price and giving investors a clearer view of cash‑flow generation. The company’s reaffirmed free‑cash‑flow range signals continued liquidity strength.
Key facts
- 1Q3 2026 sales were $1.42 billion, up 26% YoY prnewswire.com
- 2GAAP diluted EPS was $1.37, compared with $0.78 in Q3 2025 prnewswire.com
- 3Adjusted EBITDA was $328 million, a 46% YoY increase prnewswire.com
- 4Adjusted EBITDA margin expanded to 23.0% from 20.0% in Q3 2025 prnewswire.com
- 5Full‑year 2026 adjusted EBITDA guidance raised by $35 million to $1.195 billion prnewswire.com
- 6Adjusted free‑cash‑flow outlook remains $550 million‑$600 million for FY26 finance.yahoo.com
Summary written by AlphAI AI Desk from 16 of 16 sources. Not investment advice. Figures are as stated by the linked sources.