Constellium Q1 2026 net income rises to $196 million; raises 2026 EBITDA guidance
Constellium reported first-quarter 2026 revenue of $2.5 billion, up 24% from a year earlier, and net income of $196 million, compared with $38 million in the first quarter of 2025. The company raised its 2026 guidance to Adjusted EBITDA of $900 million to $940 million, excluding the non-cash impact of metal price lag, and Free Cash Flow above $275 million.
Key points
- Adjusted EBITDA was $359 million, up from $186 million, including a non-cash metal price lag benefit of $97 million.
- Diluted earnings per share were $1.42, compared with $0.26 in the first quarter of 2025.
- Free Cash Flow was $5 million, and the company repurchased 1.2 million shares for $28 million.
- Leverage was 2.2x at March 31, 2026, and the 2026 Free Cash Flow guidance is above $275 million.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing 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 April 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.