ATI Inc. reported second quarter 2026 financial results, announcing sales of $1.26 billion and net income attributable to ATI of $151 million, or $1.09 per share. These figures exceeded the high end of prior guidance, with GAAP diluted EPS rising 56% year-over-year from $0.70. Adjusted EBITDA increased 37% to $284 million, reflecting a margin expansion of 440 basis points to 22.6%. The company raised its full-year 2026 adjusted earnings per share outlook to $4.90–$5.18 and adjusted EBITDA guidance to $1.135 billion–$1.185 billion, citing strong aerospace and defense demand that pushed the backlog to a record $4.4 billion. ATI Inc. is a global producer of high performance materials and solutions for the aerospace, defense, electronics, medical, and specialty energy markets.

ATI Inc. completed the offering and sale of $450 million aggregate principal amount of its unsecured 5.875% Senior Notes due 2033. The notes will accrue interest at a rate of 5.875% per annum and mature on June 15, 2033.