Constellium posts record Q3 adjusted EBITDA and lifts 2026 guidance

Constellium SE reported third‑quarter 2026 revenue of $2.639 billion, up 22% year over year, while shipments fell 1% to 368,000 metric tons. Adjusted EBITDA reached a record $276 million, and net income rose to $119 million. The company increased its full‑year 2026 adjusted EBITDA target to a range of $1.03 billion‑$1.06 billion and said it now expects free cash flow to exceed $300 million. CEO Ingrid Joerg attributed the results to stronger aerospace demand, pricing benefits and improved recycling performance.

The higher adjusted EBITDA outlook and free‑cash‑flow expectation give investors a clearer view of Constellium’s profitability trajectory for the rest of 2026 (the company says). The raised guidance may support the recent 4% pre‑market share price gain.

  • 1Q3 2026 revenue was $2.639 billion, a 22% increase from $2.166 billion in Q3 2025.
  • 2Shipments in the quarter were 368,000 metric tons, down 1% year over year.
  • 3Adjusted EBITDA for the quarter was $276 million, up from $235 million in Q3 2025.
  • 4Net income for the quarter was $119 million, compared with $88 million a year earlier.
  • 5The company now projects full‑year 2026 adjusted EBITDA between $1.03 billion and $1.06 billion, excluding the metal‑price‑lag impact.
  • 6Constellium expects full‑year free cash flow to be above $300 million.

Sources