ATI Inc. Announces First Quarter 2026 Results

ATI Inc. reported its first quarter 2026 financial results, with sales reaching $1.15 billion, a 1% increase year-over-year, driven by a 6% rise in aerospace and defense sales. Net income attributable to ATI was $118 million, up 22% year-over-year, and earnings per share were $0.85, compared to $0.67 in Q1 2025. Adjusted EBITDA was $232 million, a 19% increase year-over-year, with an adjusted EBITDA margin of 20.1%. The company is raising its full-year 2026 guidance for adjusted earnings and free cash flow. The High Performance Materials & Components segment saw a 5% sales increase year-over-year, while the Advanced Alloys & Solutions segment experienced a 4% decrease. ATI also announced a new $500 million share repurchase authorization and repurchased $75 million of stock in the first quarter.