Every material Form 8-K Century Aluminum has filed with the SEC since May 01, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Century Aluminum reported third quarter 2026 net income attributable to Century of $302.6 million, or $2.89 per diluted share, up from $249.3 million, or $2.39, in the second quarter, on net sales of $961.2 million. Adjusted EBITDA attributable to Century was $331.6 million, and the company expects fourth quarter 2026 Adjusted EBITDA of $275 million to $300 million, below the third quarter level.
Q3 2026 net sales of $961.2 million, up $209.1 million from Q2 2026, driven by higher shipments after the Grundartangi Line 2 restart
Q3 2026 diluted EPS of $2.89 versus $2.39 in Q2 2026; adjusted EPS of $2.58 versus $2.46
Q4 2026 Adjusted EBITDA outlook of $275 million to $300 million
Liquidity of $1,161.5 million at September 30, 2026, including $713.0 million in cash and cash equivalents
Century Aluminum reported second quarter 2026 results on August 6, 2026. Net sales rose $102.9 million from the first quarter to $752.1 million, but GAAP net income attributable to Century fell $88.2 million to $249.3 million, mainly because the first quarter included a one-time $287.9 million gain on the sale of Hawesville. Adjusted EBITDA attributable to Century rose to $326.9 million, and the company expects third quarter adjusted EBITDA of $325 million to $345 million.
Net sales $752.1 million vs. $649.2 million in Q1 2026; aluminum shipments 130,632 tonnes vs. 122,865 tonnes
Diluted EPS $2.39 vs. $3.23 in Q1 2026; adjusted EPS $2.46 vs. $1.63
Adjusted EBITDA attributable to Century $326.9 million vs. $231.4 million in Q1 2026
Q3 2026 outlook: adjusted EBITDA attributable to Century of $325 million to $345 million; liquidity $784.9 million at June 30, 2026
Century Aluminum reported first quarter 2026 net sales of $649.2 million, up from $633.7 million in the prior quarter, and net income attributable to Century of $337.5 million, which includes a one-time $287.9 million gain on the sale of Hawesville. Adjusted EBITDA attributable to Century rose to $231.4 million, and the company expects second quarter Adjusted EBITDA of $315 million to $335 million, but aluminum shipments fell and the reported profit is driven largely by the one-time gain.
Net sales were $649.2 million versus $633.7 million in Q4 2025, while aluminum shipments fell to 122,865 tonnes from 140,257 tonnes.
Net income attributable to Century was $337.5 million, or $3.23 diluted EPS, including the $287.9 million Hawesville gain; adjusted EPS was $1.63 versus $1.25.
Adjusted EBITDA attributable to Century was $231.4 million, up $60.8 million from the prior quarter.
The company expects second quarter 2026 Adjusted EBITDA of $315 million to $335 million, and reported liquidity of $611.0 million at March 31, 2026.
Century Aluminum said its previously issued financial statements for fiscal 2023 and 2024 and several 2024-2025 interim periods should no longer be relied upon. The restatement stems from a change to fully consolidate its Jamalco production assets, after SEC staff disagreed with the company's view that the change was immaterial. The company said the change does not affect net income attributable to Century stockholders, but it expects to report a material weakness in internal controls.
Affected periods include fiscal years ended December 31, 2023 and 2024, and interim periods through September 30, 2025.
2024 gross profit as restated is $172.0 million, down from $185.0 million as previously reported; 2023 gross profit is $87.6 million, down from $91.9 million.
Total assets at December 31, 2024 rise to $2,120.0 million from $1,939.4 million; net income attributable to Century stockholders is unchanged.
The Audit Committee made the conclusion on March 2, 2026, and the company expects a material weakness in internal controls.
Century Aluminum reported fourth-quarter 2025 net sales of $633.7 million, up slightly from the prior quarter, but net income attributable to stockholders fell to $1.8 million, or $0.02 per diluted share, from $14.9 million in the third quarter. Full-year 2025 net income was $41.8 million, down $295.0 million from 2024, and the company guided first-quarter 2026 Adjusted EBITDA attributable to stockholders to $215 million to $235 million.
Q4 2025 net sales $633.7 million versus $632.2 million in Q3 2025; Q4 net income $1.8 million, or $0.02 per diluted share
Q4 Adjusted net income $128.2 million, or $1.25 per share; Adjusted EBITDA attributable to stockholders $170.6 million
FY 2025 net sales $2.5 billion; FY net income $41.8 million, or $0.42 per diluted share, versus $336.8 million in 2024
Q1 2026 outlook: Adjusted EBITDA attributable to stockholders of $215 million to $235 million, citing higher energy costs from Winter Storm Fern
On February 2, 2026, Century Aluminum of Kentucky General Partnership, a subsidiary of Century Aluminum Company, sold about 750 acres in Hawesville, Kentucky to Justified DataPower LLC and completed the sale the same day. The buyer paid $200 million in cash plus a 6.8% non-dilutive minority interest in Raylan Data Holdings, which plans to develop a high-performance computing and artificial intelligence data center on the site. The filing says the cash proceeds and the minority stake are the consideration, and the company will have no obligation to contribute capital to maintain the stake.
Sale completed February 2, 2026, for $200 million in cash plus a 6.8% non-dilutive minority equity interest in Raylan Data Holdings LLC.
Property covers approximately 750 acres at 1627 State Route 3543, Hawesville, KY 42348.
Company subsidiary may require Raylan Data to buy the minority interest starting on the first anniversary of data center operations; the company will not fund construction or operations.
Company press release says TeraWulf Inc. will redevelop the site into a digital infrastructure campus.
Century Aluminum reported third quarter 2025 results on November 6, 2025. Net income attributable to Century stockholders was $14.9 million, or $0.15 per diluted share, compared with a loss of $4.6 million, or $0.05 per share, in the second quarter, on net sales of $632.2 million. The company expects fourth quarter Adjusted EBITDA of $170 million to $180 million, driven mainly by higher realized LME and Midwest regional premiums.
Net sales of $632.2 million, up $4.1 million from the second quarter
Adjusted EBITDA attributable to Century stockholders of $101.1 million, up $26.8 million
Realized Midwest Premium of $1,425/MT, up $575/MT from the prior quarter
Liquidity of $488.2 million at September 30, 2025, including $151.4 million of cash
Century Aluminum reported a second-quarter 2025 net loss attributable to stockholders of $4.6 million, compared with net income of $29.7 million in the first quarter, on net sales of $628.1 million, down $5.8 million sequentially. Adjusted EBITDA fell to $74.3 million, and the company expects third-quarter 2025 Adjusted EBITDA of $115-125 million, driven mainly by higher realized Midwest regional premium. Shareholders face a weaker reported quarter but a much stronger outlook.
Q2 2025 net loss attributable to Century stockholders of $4.6 million, or $(0.05) per diluted share, versus $29.7 million, or $0.29 per diluted share, in Q1 2025
Adjusted EPS was $0.30 versus $0.36 in Q1 2025; net exceptional items totaled $35.0 million, including a $14.5 million Iceland inventory adjustment, net of tax
Q3 2025 outlook: Adjusted EBITDA expected between $115 million and $125 million, versus $74.3 million in Q2 2025
Liquidity was $362.5 million at June 30, 2025, and the company announced plans to restart the last 50,000 metric tons of capacity at its Mt. Holly smelter
Century Aluminum closed a $400 million offering of 6.875% senior secured notes due August 1, 2032, on July 22, 2025, with net proceeds of about $395 million. The company will use the proceeds to redeem its $250 million 7.50% senior notes due 2028, repay credit facility borrowings and pay offering costs, and it also extended its credit facility to July 22, 2030. The notes are secured by liens on substantially all assets other than the credit facility's ABL Collateral, so the change replaces existing debt with new secured debt on different terms.
$400 million of 6.875% senior secured notes due August 1, 2032, closed July 22, 2025; issued at 100% of principal, with interest payable February 1 and August 1 beginning February 1, 2026
Net proceeds of about $395 million will refinance the $250 million 7.50% 2028 notes, repay credit facility borrowings and cover offering fees and expenses
2028 notes to be redeemed August 5, 2025, at an aggregate price of $261,145,833.33 (101.875% of principal plus accrued interest)
Credit facility amended July 22, 2025, extending its maturity to July 22, 2030
Century Aluminum reported first quarter 2025 results on May 7, 2025. Net sales rose $3.0 million from the fourth quarter to $633.9 million, but net income attributable to Century stockholders fell $15.5 million to $29.7 million, and diluted EPS dropped to $0.29 from $0.44, mainly due to higher input costs and derivative losses. The company expects second quarter Adjusted EBITDA of $80 million to $90 million.
Net sales of $633.9 million, up $3.0 million sequentially; net income attributable to Century stockholders of $29.7 million, down from $45.2 million
Diluted EPS of $0.29 versus $0.44 in the fourth quarter of 2024; adjusted EPS of $0.36 versus $0.42
Adjusted EBITDA attributable to Century stockholders of $78.0 million, down $2.9 million sequentially
Q2 2025 outlook: Adjusted EBITDA of $80 million to $90 million; liquidity of $339.1 million at March 31, 2025
Century Aluminum appointed Peter Trpkovski, its Senior Vice President, Finance and Treasurer, as Executive Vice President and Chief Financial Officer, effective March 21, 2025, succeeding Gerald Bialek as part of a planned transition. Trpkovski has worked at the company since 2013 and will also continue as Treasurer, so the change is a leadership transition rather than a change in reported financial results.
Trpkovski, age 43, joined Century in 2013 and was named Senior Vice President, Finance and Treasurer in 2023
Initial annual base salary of $450,000, with a 2025 target bonus of 65% of base salary
LTIP target award of 160% of base salary for the 2025-2027 performance period, split 50% time-vested stock units and 50% performance stock units
Century Aluminum reported fourth-quarter 2024 net sales of $631.0 million, up 17% from the third quarter, and net income attributable to stockholders of $47.7 million, or $0.47 per diluted share. Full-year net income of $339.4 million was lifted by a $245.9 million bargain purchase gain tied to the Jamalco acquisition, while full-year adjusted net income was $104.0 million, or $1.11 per share. The company expects first-quarter 2025 Adjusted EBITDA of $75 million to $85 million, a range whose midpoint is below the $82.4 million reported for the fourth quarter.
Q4 2024 Adjusted EBITDA attributable to stockholders was $82.4 million, down $21.3 million from the third quarter, which the company linked to a one-time Section 45X true-up recorded in the third quarter.
Full-year 2024 net income attributable to Century stockholders was $339.4 million, or $3.29 per diluted share, compared with a loss of $43.1 million in 2023.
Full-year 2024 adjusted net income was $104.0 million, or $1.11 per share, compared with $30.7 million, or $0.33 per share, in 2023.
First-quarter 2025 Adjusted EBITDA is expected to range from $75 million to $85 million, based on improved metal pricing and regional premiums offset by higher energy and raw material costs.
Century Aluminum promoted Rob Hoffman, an internal executive, to Senior Vice President, Chief Information Officer and Chief Accounting Officer on December 9, 2024. The Board appointed him principal accounting officer, succeeding Theresa Brainerd, whose departure took effect December 5, 2024. The filing describes a leadership change in finance and accounting roles, with no financial results or guidance included.
Rob Hoffman, age 55, promoted on December 9, 2024 to SVP, CIO and Chief Accounting Officer
Hoffman has been with the company since October 2004 and became CIO in June 2017
Succeeds Theresa Brainerd as principal accounting officer, effective December 5, 2024
No related-party transactions or family relationships reported
Century Aluminum reported third quarter 2024 results on November 4, 2024. Net income attributable to Century stockholders rose to $47.3 million from a $2.5 million loss in the second quarter, helped by $34.9 million of Inflation Reduction Act credits, while net sales fell to $539.1 million. The company expects fourth quarter adjusted EBITDA of $70 million to $80 million, below the $103.7 million reported for the third quarter, and Theresa Brainerd assumed the principal accounting officer role.
Net sales were $539.1 million, down from $560.8 million in the second quarter of 2024.
Net income attributable to Century stockholders was $47.3 million, compared with a loss of $2.5 million in the prior quarter.
Fourth quarter 2024 adjusted EBITDA is expected to range from $70 million to $80 million, versus $103.7 million in the third quarter.
Rob Hoffman stepped down as principal accounting officer and remains Chief Information Officer; Theresa Brainerd, Global Corporate Controller, assumed the role.
Century Aluminum reported second quarter 2024 net sales of $560.8 million, up $71.3 million from the first quarter, and adjusted EBITDA attributable to Century stockholders of $34.2 million, up $9.2 million. The company posted a net loss of $2.5 million, compared with net income of $246.8 million in the first quarter, which included a $245.9 million bargain purchase gain from the Jamalco acquisition. The company expects third quarter adjusted EBITDA of $65 million to $75 million.
Q2 2024 net sales $560.8 million vs. $489.5 million in Q1 2024
Net loss attributable to Century stockholders of $2.5 million, or $0.03 per diluted share, vs. net income of $246.8 million in Q1, which included a $245.9 million bargain purchase gain
Adjusted EBITDA attributable to Century stockholders $34.2 million vs. $25.0 million in Q1 2024
Third quarter 2024 adjusted EBITDA outlook of $65 million to $75 million
Century Aluminum reported first quarter 2024 net sales of $489.5 million, down from $512.3 million in the fourth quarter of 2023, and adjusted EBITDA of $25.0 million, down from $57.1 million. Reported net income of $246.8 million was driven by a $245.9 million bargain purchase gain from the Jamalco acquisition, while the company reported an adjusted net loss of $3.0 million, so shareholders face weaker operating results behind a large one-time accounting gain. The company guided second quarter adjusted EBITDA to $25 million to $35 million.
Net sales of $489.5 million, down from $512.3 million in Q4 2023 and $552.4 million in Q1 2023
Adjusted EBITDA attributable to Century stockholders of $25.0 million versus $57.1 million in Q4 2023, reflecting only one quarter of the IRA Section 45X credit
Net income attributable to Century stockholders of $246.8 million included a $245.9 million bargain purchase gain; adjusted net loss was $3.0 million
Second quarter 2024 adjusted EBITDA expected between $25 million and $35 million; webcast call on May 1, 2024 at 11:00 a.m. Eastern
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