Metallus Q3 2026 net income more than doubles to $23.8 million
MTUS•Metallus’ third-quarter 2026 net income more than doubled year over year to $23.8 million, while net sales rose 10% to $337.2 million. The company also won a U.S. Defense Logistics Agency contract with an initial $125 million purchase order.
1. Quarterly results and outlook
Metallus reported third-quarter 2026 net income of $23.8 million, more than double the year-earlier figure, and net sales of $337.2 million, up 10% year over year. It expects fourth-quarter shipments to decline sequentially by a high-single-digit percentage due to normal year-end seasonality, but to increase year over year.
2. Defense contract
The company won a U.S. Defense Logistics Agency contract with an initial $125 million purchase order.
