Financial Statements — CSTM
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q2
2024 | Q2
2023 | Q2
2022 | Q2
2021 |
|---|
| Cash & Equivalents | 0.14 | 0.12 | 0.13 | 0.12 | 0.21 | 0.18 | 0.16 | 0.29 |
| Accounts Receivable | 0.85 | 0.69 | 0.68 | 0.67 | -- | -- | -- | -- |
| Inventory | 1.67 | 1.37 | 1.33 | 1.28 | -- | -- | -- | -- |
| Total Current Assets | 2.95 | 2.35 | 2.31 | 2.24 | -- | -- | 2.59 | 1.82 |
| Property, Plant & Equipment | 2.52 | 2.57 | 2.56 | 2.46 | -- | -- | -- | -- |
| Goodwill | 0.05 | 0.05 | 0.05 | 0.05 | -- | -- | -- | -- |
| Intangible Assets | 0.08 | 0.09 | 0.09 | 0.09 | -- | -- | -- | -- |
| Total Non-current Assets | 2.89 | 3.02 | 3.06 | 2.93 | 2.88 | 2.79 | 2.74 | 2.63 |
| Total Assets | 5.85 | 5.38 | 5.37 | 5.17 | -- | -- | -- | -- |
| Accounts Payable | 1.97 | 1.71 | 1.72 | 1.67 | -- | -- | -- | -- |
| Short-term Debt | 0.04 | 0.04 | 0.05 | 0.04 | -- | -- | -- | -- |
| Total Current Liabilities | 2.12 | 1.84 | 1.87 | 1.81 | -- | -- | 2.14 | 1.59 |
| Long-term Debt | 1.94 | 1.97 | 1.97 | 1.91 | -- | -- | -- | -- |
| Total Non-current Liabilities | 2.60 | 2.67 | 2.70 | 2.60 | 2.41 | 2.38 | 2.59 | 2.73 |
| Total Liabilities | 4.71 | 4.51 | 4.57 | 4.40 | -- | -- | -- | -- |
| Retained Earnings | 0.53 | -- | -- | -- | -- | -- | -- | -- |
| Total Stockholder Equity | 1.12 | 0.85 | 0.78 | 0.75 | 0.97 | 0.81 | 0.60 | 0.14 |
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q2
2024 | Q2
2023 | Q2
2022 | Q2
2021 |
|---|
| Total Revenue | 2.46 | 2.20 | 2.17 | 2.10 | 1.98 | 1.72 | 1.80 | 1.95 | 2.28 | 1.52 |
| Cost of Revenue* | -- | -- | -- | -- | -- | -- | 1.61 | 1.74 | 2.06 | 1.32 |
| Gross Profit | -- | -- | -- | -- | -- | -- | 0.19 | 0.21 | 0.22 | 0.20 |
| Research & Development | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -- | -- | -- | -- |
| Selling, General & Admin | 0.10 | 0.08 | 0.09 | 0.09 | 0.08 | 0.09 | -- | -- | -- | -- |
| Total Operating Expenses* | -- | -- | -- | -- | -- | -- | 0.06 | 0.13 | 0.22 | 0.03 |
| Operating Income | -- | -- | -- | -- | -- | -- | 0.13 | 0.08 | -0.00 | 0.17 |
| Pretax Income | 0.27 | 0.16 | 0.13 | 0.06 | 0.06 | (0.02) | 0.10 | 0.04 | (0.04) | 0.13 |
| Tax Provision | 0.08 | 0.05 | 0.04 | 0.02 | 0.02 | 0.03 | 0.02 | 0.01 | -0.00 | 0.02 |
| Net Income | 0.20 | 0.11 | 0.09 | 0.04 | 0.04 | (0.05) | -- | -- | -- | -- |
| Basic EPS | 1.47 | 0.81 | 0.63 | 0.25 | 0.26 | (0.33) | 0.48 | 0.21 | (0.24) | 0.76 |
| Diluted EPS | 1.42 | 0.79 | 0.62 | 0.25 | 0.26 | (0.32) | 0.48 | 0.21 | (0.24) | 0.73 |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q2
2024 | Q2
2023 | Q2
2022 | Q2
2021 |
|---|
| Operating Cash Flow | 73.00 | 218.00 | 99.00 | 114.00 | 58.00 | 206.00 | 167.00 | 169.00 | 148.00 |
| Capital Expenditures | 72.00 | 109.00 | 75.00 | 77.00 | 69.00 | -- | -- | -- | -- |
| Free Cash Flow* | 1.00 | 109.00 | 24.00 | 37.00 | (11.00) | -- | -- | -- | -- |
| Investing Cash Flow | (68.00) | (109.00) | (69.00) | (72.00) | (59.00) | (139.00) | (133.00) | (83.00) | (67.00) |
| Financing Cash Flow | 20.00 | (112.00) | (41.00) | (36.00) | (26.00) | (56.00) | (19.00) | (79.00) | (232.00) |
* Derived from reported values
