ATI Inc. beats second quarter 2026 estimates with $1.26B revenue and raises its full-year outlook.

ATI reported second quarter 2026 revenue of $1.26 billion, an 11% increase year-over-year, driven by strong performance in aerospace and defense. The company posted adjusted earnings per share of $1.23, compared to $0.74 in the same period last year.

Key Highlights

• The company raised its full-year 2026 adjusted EPS guidance to a range of $4.90 - $5.18, up significantly from the prior range of $4.20 - $4.48.
• Adjusted EBITDA margin for the quarter expanded by 440 basis points year-over-year to 22.6%, reflecting favorable pricing and a richer product mix.
• ATI's backlog grew 18% from the prior year to a new record of $4.4 billion, underscoring sustained strong demand from its key end markets.
• Aerospace & Defense sales increased 13% year-over-year, accounting for 68% of total company sales.