ATI Inc. (ATI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.15B | 1.18B | 1.13B | 1.14B | 1.14B | 1.17B | 1.05B | 1.1B | 1.04B | 1.06B | 1.03B | 1.05B | 1.04B | 1.01B | 1.03B | 959.5M | 834.1M | 765.4M | 725.7M | 616.2M |
| Revenue Growth % | 0.62% | 0.38% | 7.07% | 4.12% | 9.73% | 10.22% | 2.5% | 4.71% | 0.46% | 5.3% | -0.62% | 9.02% | 24.46% | 32.01% | 42.21% | 55.71% | 20.45% | 16.27% | 21.35% | -20.01% |
| Cost of Goods Sold | 888.6M | 903.9M | 870.2M | 896.7M | 907.8M | 913.9M | 826.8M | 860.6M | 842.6M | 836.6M | 831M | 836.9M | 844.9M | 824.7M | 848.2M | 784.2M | 664.7M | 642.4M | 643.2M | 573.5M |
| COGS % of Revenue | 77.17% | 76.79% | 77.32% | 78.63% | 79.33% | 77.93% | 78.65% | 78.57% | 80.79% | 78.63% | 81.03% | 80.01% | 81.39% | 81.62% | 82.19% | 81.73% | 79.69% | 83.93% | 88.63% | 93.07% |
| Gross Profit | 262.9M | 273.2M | 255.3M | 243.7M | 236.6M | 258.8M | 224.4M | 234.7M | 200.3M | 227.4M | 194.6M | 209.1M | 193.2M | 185.7M | 183.8M | 175.3M | 169.4M | 123M | 82.5M | 42.7M |
| Gross Margin % | 22.83% | 23.21% | 22.68% | 21.37% | 20.67% | 22.07% | 21.35% | 21.43% | 19.21% | 21.37% | 18.97% | 19.99% | 18.61% | 18.38% | 17.81% | 18.27% | 20.31% | 16.07% | 11.37% | 6.93% |
| Gross Profit Growth % | 11.12% | 5.56% | 13.77% | 3.83% | 18.12% | 13.81% | 15.31% | 12.24% | 3.67% | 22.46% | 5.88% | 19.28% | 14.05% | 50.98% | 122.79% | 310.54% | 97.44% | 134.73% | 116.54% | -42.84% |
| Operating Expenses | 92.1M | 102.7M | 92.9M | 82.8M | 85M | 49.9M | 82.2M | 92.1M | 85.1M | 119.1M | 69.4M | 88.8M | 80.6M | 48.2M | 70.6M | 186.9M | 92.4M | 55.8M | 52.6M | 54M |
| OpEx % of Revenue | 8% | 8.72% | 8.25% | 7.26% | 7.43% | 4.26% | 7.82% | 8.41% | 8.16% | 11.19% | 6.77% | 8.49% | 7.76% | 4.77% | 6.84% | 19.48% | 11.08% | 7.29% | 7.25% | 8.76% |
| Selling, General & Admin | 92.1M | 102.7M | 94.6M | 82.8M | 85M | 104.2M | 86.1M | 92.6M | 85.7M | 164.7M | 72.2M | 87.9M | 83M | 80.5M | 79.7M | 78.9M | 81M | 64.9M | 3M | 67M |
| SG&A % of Revenue | 8% | 8.72% | 8.41% | 7.26% | 7.43% | 8.89% | 8.19% | 8.45% | 8.22% | 15.48% | 7.04% | 8.4% | 8% | 7.97% | 7.72% | 8.22% | 9.71% | 8.48% | 0.41% | 10.87% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 22.1M | 0 | 0 | 0 | 22.1M | 0 | 0 | 0 | 17.7M | 0 | 0 | 0 | 20M | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | 1.88% | - | - | - | 2.08% | - | - | - | 1.75% | - | - | - | 2.61% | - | - |
| Other Operating Expenses | 0 | 0 | -1000K | 0 | 0 | -1000K | -1000K | -500K | -600K | -1000K | -1000K | 900K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K |
| Operating Income | 170.8M | 170.5M | 162.4M | 160.9M | 151.6M | 208.9M | 142.2M | 142.6M | 115.2M | 108.3M | 125.2M | 120.3M | 112.6M | 137.5M | 113.2M | -11.6M | 77M | 67.2M | 29.9M | -11.3M |
| Operating Margin % | 14.83% | 14.48% | 14.43% | 14.11% | 13.25% | 17.81% | 13.53% | 13.02% | 11.05% | 10.18% | 12.21% | 11.5% | 10.85% | 13.61% | 10.97% | -1.21% | 9.23% | 8.78% | 4.12% | -1.83% |
| Operating Income Growth % | 12.66% | -18.38% | 14.21% | 12.83% | 31.6% | 92.89% | 13.58% | 18.54% | 2.31% | -21.24% | 10.6% | 1137.07% | 46.23% | 104.61% | 278.6% | -2.65% | 142.14% | 106.18% | 411.46% | 95.87% |
| EBITDA | 215.8M | 213.6M | 205M | 202.5M | 192.4M | 222.3M | 180.7M | 180.5M | 151.2M | 122.3M | 161.6M | 155.4M | 147.7M | 153.8M | 148.8M | 24.4M | 112.5M | 111.1M | 65.5M | 25M |
| EBITDA Margin % | 18.74% | 18.15% | 18.21% | 17.76% | 16.81% | 18.96% | 17.19% | 16.48% | 14.5% | 11.49% | 15.76% | 14.86% | 14.23% | 15.22% | 14.42% | 2.54% | 13.49% | 14.52% | 9.03% | 4.06% |
| EBITDA Growth % | 12.16% | -3.91% | 13.45% | 12.19% | 27.25% | 81.77% | 11.82% | 16.15% | 2.37% | -20.48% | 8.6% | 536.89% | 31.29% | 38.43% | 127.18% | -2.4% | 65.68% | 110.55% | 153.88% | 110.51% |
| D&A (Non-Cash Add-back) | 45M | 43.1M | 42.6M | 41.6M | 40.8M | 13.4M | 38.5M | 37.9M | 36M | 14M | 36.4M | 35.1M | 35.1M | 16.3M | 35.6M | 36M | 35.5M | 43.9M | 35.6M | 36.3M |
| EBIT | 170.8M | 170.5M | 170.7M | 160.9M | 151.6M | 154.6M | 138.3M | 142.1M | 114.6M | 62.7M | 122.4M | 121.2M | 110.2M | 266.2M | 104.1M | 96.4M | 88.4M | 58.1M | 85.5M | -24.3M |
| Net Interest Income | -23.7M | -24.1M | -26.1M | -25.4M | -23M | -25.2M | -28M | -28.4M | -26.6M | -27.8M | -23.8M | -21.3M | -19.9M | -19.6M | -20.8M | -23.4M | -23.6M | -24.7M | -25.1M | -23.7M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 400K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 23.7M | 24.1M | 26.1M | 25.4M | 23M | 25.2M | 28M | 28.4M | 26.6M | 28.2M | 23.8M | 21.3M | 19.9M | 19.6M | 20.8M | 23.4M | 23.6M | 24.7M | 25.1M | 23.7M |
| Other Income/Expense | -34.2M | -47.6M | -17.8M | -27.6M | -30.1M | -33.9M | -27.3M | -31.7M | -29.9M | -100.2M | -26.2M | -23.1M | -21.7M | 140.5M | -45.8M | -19.3M | -36.9M | -96.5M | 47.3M | -29.1M |
| Pretax Income | 136.6M | 122.9M | 144.6M | 133.3M | 121.5M | 175M | 114.9M | 110.9M | 85.3M | 8.1M | 99M | 97.2M | 90.9M | 278M | 67.4M | -30.9M | 40.1M | -29.3M | 77.2M | -40.4M |
| Pretax Margin % | 11.86% | 10.44% | 12.85% | 11.69% | 10.62% | 14.92% | 10.93% | 10.13% | 8.18% | 0.76% | 9.65% | 9.29% | 8.76% | 27.51% | 6.53% | -3.22% | 4.81% | -3.83% | 10.64% | -6.56% |
| Income Tax | 16.1M | 22.4M | 31M | 29.3M | 21M | 32.9M | 28.3M | 25.3M | 16.9M | -141.1M | 4.9M | 3.7M | 4.3M | 4.2M | 3M | 3.4M | 4.9M | -4.7M | 22M | 4M |
| Effective Tax Rate % | 11.79% | 18.23% | 21.44% | 21.98% | 17.28% | 18.8% | 24.63% | 22.81% | 19.81% | -1741.98% | 4.95% | 3.81% | 4.73% | 1.51% | 4.45% | -11% | 12.22% | 16.04% | 28.5% | -9.9% |
| Net Income | 118.2M | 96.6M | 110M | 100.7M | 97M | 137.1M | 82.7M | 81.9M | 66.1M | 145.7M | 90.2M | 90.4M | 84.5M | 269.5M | 61.1M | -38M | 30.9M | -29.8M | 48.7M | -49.2M |
| Net Margin % | 10.26% | 8.21% | 9.77% | 8.83% | 8.48% | 11.69% | 7.87% | 7.48% | 6.34% | 13.69% | 8.79% | 8.64% | 8.14% | 26.67% | 5.92% | -3.96% | 3.7% | -3.89% | 6.71% | -7.98% |
| Net Income Growth % | 21.86% | -29.54% | 33.01% | 22.95% | 46.75% | -5.9% | -8.31% | -9.4% | -21.78% | -45.94% | 47.63% | 337.89% | 173.46% | 1004.36% | 25.46% | 22.76% | 491.14% | 97.34% | 197.21% | 88.36% |
| Net Income (Continuing) | 120.5M | 100.5M | 113.6M | 104M | 100.5M | 142.1M | 86.6M | 85.6M | 68.4M | 149.2M | 94.1M | 93.5M | 86.6M | 273.8M | 64.4M | -34.3M | 35.2M | -24.6M | 55.2M | -44.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 115.8M | 112.2M | 118.8M | 114.6M | 109.5M | 104.8M | 120.6M | 112.7M | 109.6M | 107.5M | 117M | 115.2M | 117.8M | 111.3M | 124.9M | 131M | 137M | 147.1M | 138.8M | 133.1M |
| EPS (Diluted) | 0.85 | 0.69 | 0.78 | 0.70 | 0.67 | 0.94 | 0.57 | 0.57 | 0.46 | 0.99 | 0.62 | 0.62 | 0.58 | 1.88 | 0.42 | -0.31 | 0.23 | -0.23 | 0.35 | -0.39 |
| EPS Growth % | 26.87% | -26.6% | 36.84% | 22.81% | 45.65% | -5.05% | -8.06% | -8.06% | -20.69% | -47.34% | 47.62% | 300% | 152.17% | 917.39% | 20% | 20.51% | 469.18% | 97.4% | 187.5% | 88.32% |
| EPS (Basic) | 0.87 | 0.71 | 0.80 | 0.72 | 0.68 | 0.97 | 0.64 | 0.66 | 0.52 | 1.15 | 0.70 | 0.70 | 0.66 | 2.09 | 0.47 | -0.30 | 0.24 | -0.23 | 0.38 | -0.39 |
| Diluted Shares Outstanding | 139.4M | 139.4M | 141.03M | 143.1M | 144.2M | 145.6M | 146.8M | 146.3M | 147.5M | 149.4M | 150.2M | 150.1M | 150.1M | 150.4M | 150.8M | 124.6M | 152.8M | 127.2M | 152.6M | 127.1M |
| Basic Shares Outstanding | 135.9M | 135.9M | 137.5M | 139.8M | 141.7M | 142M | 128.7M | 124.4M | 142.96M | 127.2M | 128.1M | 128.5M | 128.5M | 143.3M | 144.19M | 124.6M | 152.8M | 127.2M | 127.2M | 126.15M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |