Kaiser Aluminum posts $1.1B Q1 sales on 294M lbs shipments
First quarter net sales rose to $1.1 billion on shipments of 294 million pounds, compared with $777 million on 276 million pounds a year earlier, driven by aerospace-grade aluminum. Record-high share price propelled a year-to-date gain above 43.5% as CEO forecasts continued growth through the balance of 2026.
1. Q1 Sales and Shipments
Kaiser Aluminum delivered net sales of $1.1 billion in the first quarter after shipping 294 million pounds of aluminum, up from $777 million and 276 million pounds in the same period last year, reflecting a strategic shift toward high-end aerospace alloys.
2. Stock Highs Reflect Strong Demand
Shares reached an all-time high as sustained order flow and robust demand for treated aluminum products lifted year-to-date gains above 43.5%, with leadership projecting continued growth through year-end following analyst discussions.
3. Union Contract Secures Workforce
A new five-year labor agreement covers about 960 union members at the Trentwood Rolling Mill and Kaiser Alutek, bolstering job security for 850 mill workers and 110 Alutek employees while supporting thousands of indirect community positions.