Constellium raises 2026 guidance; Q3 net income rises to $119 million
Constellium reported third quarter 2026 revenue of $2.6 billion, up 22% from a year earlier, and net income of $119 million, compared with $88 million in Q3 2025. The company raised its 2026 Adjusted EBITDA guidance to $1.03 billion to $1.06 billion, excluding the non-cash metal price lag, and now expects Free Cash Flow above $300 million, which is a positive signal for shareholders.
Key points
- Q3 2026 revenue of $2.6 billion, up 22%; shipments of 368 thousand metric tons, down 1%
- Q3 2026 net income of $119 million vs. $88 million; Adjusted EBITDA of $276 million vs. $235 million
- 2026 Adjusted EBITDA guidance raised to $1.03 billion to $1.06 billion, excluding metal price lag; Free Cash Flow expected above $300 million
- Leverage of 1.6x at September 30, 2026; on October 22, 2026 the Pan-U.S. ABL commitments rose from $550 million to $700 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 October 28, 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.