ATI Q2 2026 adjusted EBITDA climbs 37% y/y to $284 million; revenue rises 11% y/y to $1.3 billion
ATI•Q2 2026 results and guidance
- ATI posted Q2 2026 revenue of $1.3 billion, up 11% year over year; adjusted EBITDA climbed 37% to $284 million.
- Adjusted EBITDA margin widened 4.4 percentage points to 22.6%; adjusted free cash flow swung to a $69 million inflow.
- Order backlog rose 18% from a year earlier to a record $4.4 billion; A&D accounted for more than 68% of revenue.
- AA&S sales increased 17% to $624 million; segment EBITDA margin jumped 9.3 percentage points to 23.7%.
- ATI raised its 2026 adjusted EBITDA outlook to $1.135-$1.185 billion; adjusted EPS guidance increased to $4.90-$5.18.
