Constellium Q2 2026 net income rises to $148 million; raises 2026 EBITDA guidance
Constellium reported second quarter 2026 revenue of $2.7 billion, up 31% from a year earlier, and net income of $148 million versus $36 million in Q2 2025. The company raised its full-year 2026 guidance, now expecting Adjusted EBITDA of $980 million to $1.020 billion excluding the non-cash metal price lag impact, and Free Cash Flow above $300 million.
Key points
- Q2 2026 net income of $148 million, compared with $36 million in Q2 2025; Adjusted EBITDA of $439 million, including a $129 million positive non-cash metal price lag impact
- Raised 2026 guidance: Adjusted EBITDA of $980 million to $1.020 billion (excluding metal price lag) and Free Cash Flow in excess of $300 million
- Shipments of 381 thousand metric tons, down 1%; leverage of 1.8x at June 30, 2026
- Repurchased 623 thousand shares for $20 million in Q2; completed a $100 million partial redemption of 5.625% Senior Notes due June 2028 in July
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 July 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.