ArcelorMittal posts Q3 2026 net loss of $391 million despite $2.0 billion EBITDA
ArcelorMittal reported a net loss of $391 million for the third quarter ended September 30, 2026, after one‑time impairment and exceptional charges. Underlying earnings were strong, with EBITDA of $2.02 billion and adjusted net income of $868 million. Sales reached $16.47 billion and the company noted higher margins, a return of all European blast furnaces to operation, and a focus on future shipment growth. The loss was driven primarily by $852 million in impairment and $293 million in exceptional charges linked to the shutdown of its Ukrainian plant.
Why it matters
The loss reflects a one‑off hit that does not affect the underlying cash‑generating capacity, so investors should focus on the $2.02 billion EBITDA and the $868 million adjusted profit as the drivers of future cash flow. The Ukrainian shutdown adds operational risk, but the company’s guidance of accelerated shipment growth in Q4 could improve earnings momentum.
Key facts
- 1Q3 2026 sales were $16.466 billion. stocktitan.net
- 2The company recorded a net loss attributable to equity holders of $391 million. stocktitan.net
- 3Adjusted net income attributable to equity holders was $868 million. stocktitan.net
- 4EBITDA for the quarter was $2.023 billion. stocktitan.net
- 5Basic earnings per share (loss) were $0.52. stocktitan.net
- 6Adjusted basic earnings per share were $1.15. stocktitan.net
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.