Metallus FY26 Q2 net income rises 140% to $8.9 million; net sales climb 12% year over year to $341 million - MTUS News | RalliesMetallus FY26 Q2 net income rises 140% to $8.9 million; net sales climb 12% year over year to $341 million
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MTUS• Outlook
- Q3 shipments are expected to be similar to Q2, while adjusted EBITDA (non-GAAP) is seen slightly higher; melt utilization was 74%.
Q2 2026 results
- Metallus posted Q2 2026 net sales of $341 million, up 11% sequentially and 12% year over year.
- Net income rose to $8.9 million from $5.4 million in Q1 2026, lifting net income margin 0.8 percentage points to 2.6%.
- Adjusted EBITDA (non-GAAP) increased to $29 million, up 18% sequentially and 9% from Q2 2025.
- Operating cash flow was an outflow of $13 million; liquidity ended the quarter at $395 million.
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