Century Aluminum Q1 net income rises to $337.5 million on Hawesville sale gain
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.
Key points
- 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.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.