ATI's revenue reaccelerated to roughly $1.4B in 2026Q3, up about 26.5% year-over-year, and gross margin widened from 20.7% in 2025Q1 to 26.7%, suggesting a richer product mix is driving structural improvement.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth of roughly 26.5% and an operating margin expanding from 13.2% to 19.1% suggest operating leverage is emerging, though the trajectory remains tied to a single aerospace build cycle.
ATI is a global producer of high-performance materials for aerospace and defense markets, with continued expansion in capacity and strong demand drivers.
ATI increased its share repurchase authorization by $500 million to $1.2 billion, signaling strong capital allocation and confidence in future cash flows.
Recent results show margin expansion and specialty-alloy pricing strength, supporting earnings growth and analyst optimism.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $1.46+6.6% vs $1.37 | $1.4B+7.8% vs $1.3B |
Q3 2026 Aug 6, 2026 | $1.23+19.4% vs $1.03 | $1.3B+3.7% vs $1.2B |
Q2 2026 Apr 30, 2026 | $1.00+14.0% vs $0.88 | $1.2B-3.0% vs $1.2B |
Q1 2026 Feb 3, 2026 | $0.93+4.5% vs $0.89 | $1.2B-0.8% vs $1.2B |
ATI raises its 2026 outlook for the third time as strong jet engine demand, record AA&S profitability and a $4.3B backlog fuel growth and margin expansion.
ATI NYSE: ATI reported third-quarter 2026 results that exceeded its adjusted EBITDA outlook and raised its full-year guidance for the third time this year, citing broad demand across aerospace, defense and specialty-energy markets.
ATI Inc. (ATI) Q3 2026 Earnings Call Transcript
ATI (ATI) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $0.85 per share a year ago.
Benchmark ATI against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for ATI Inc. (ATI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $175.79 | $23.99B | 43.79 | 5.16% | 11.08% | 28.01% | — | |
| $205.81 | $82.35B | 40.10 | 11.06% | 21.1% | 36.71% | 0.22% | |
| $278.31 | $13.83B | 24.42 | 8.59% | 17.87% | 26.93% | 0.29% | |
| $186.11 | $3.87B | 38.23 | 6.05% | 4.64% | 10.5% | 0.3% | |
| $244.97 | $55.79B | 15.44 | 5.73% | 9.26% | 15.63% | 0.91% | |
| $222.90 | $32.15B | 16.34 | 3.63% | 8.82% | 21.07% | 0.88% |
ATI Inc. (ATI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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ATI Inc. (ATI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 29, 2026·SEC
Aug 6, 2026·SEC
Jun 8, 2026·SEC
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ATI Inc. (ATI) stock FAQ — growth, dividends, profitability & financials explained
ATI Inc. (ATI) reported $5.01B in revenue over the trailing twelve months. Revenue was $4.59B in fiscal year 2025. That is 20% more than the $3.82B of fiscal year 1996.
ATI Inc. (ATI) grew revenue by 9.4% over the trailing twelve months, compared with the twelve months before.
Yes. ATI Inc. (ATI) earned $555.6M in net income over the trailing twelve months (a 11.1% net margin).
ATI Inc. (ATI) had a return on equity (ROE) of 28.0% over the trailing twelve months. That is well above the market's typical 10-15%.
ATI Inc. (ATI) generated $421.1M in free cash flow over the trailing twelve months.
