ATI Inc. Reports Third Quarter 2026 Results, Raises Full-Year Guidance

ATI Inc. reported its financial results for the third quarter of 2026, showing a sales increase of 26% year-over-year to $1.42 billion. The company announced net income attributable to ATI of $190 million, or $1.37 per share, compared to $0.78 per share in the third quarter of 2025. Following the strong performance, leadership raised the full-year 2026 adjusted EBITDA guidance by $35 million to $1.195 billion.

Key Financial Highlights

• Sales: Reached $1.42 billion, up 26% compared to the same period in 2025.
• GAAP Net Income: Attributable to ATI was $190 million, reflecting a 73% year-over-year increase.
• Adjusted EBITDA: Rose 46% year-over-year to $328 million, with margins expanding 300 basis points to 23.0%.
• Adjusted EPS: Reported at $1.46, compared to $0.85 in the third quarter of 2025.

Segment Performance

• High Performance Materials & Components (HPMC): Sales increased 20% year-over-year, largely driven by a 34% rise in commercial jet engine product sales due to strong demand and pricing. Aerospace and defense represented 94% of total HPMC sales.
• Advanced Alloys & Solutions (AA&S): Sales increased 34% year-over-year to $179.7 million higher, supported by aerospace, defense, and specialty energy markets.

Corporate Actions and Outlook

During the quarter, the company repurchased $70.0 million of its common stock, retiring approximately 0.4 million shares. ATI scheduled an investor conference call for October 29, 2026, at 8:30 a.m. ET to discuss these results. Stakeholders can review the official financial tables and reconciliations available on the ATI website at ATImaterials.com to verify details.