ATI Inc.
10/28/2025 | Press release | Distributed by Public on 10/28/2025 05:45
Business/Financial Results (Form 8-K)
NEWS RELEASE
| ATI Inc. | Investor Contact: | Media Contact: | ||||||
| Corporate Headquarters | David Weston | Natalie Gillespie | ||||||
| 2021 McKinney Avenue | 412-394-2908 | 412-394-2850 | ||||||
| Dallas, TX 75201 U.S.A. | [email protected] | [email protected] | ||||||
| www.ATImaterials.com | ||||||||
ATI Announces Third Quarter 2025 Results
Continued year-over-year sales growth driven by aerospace & defense
Record aerospace & defense sales of $793 million, representing 70% of Q3 2025 sales
Strong margin performance in HPMC and AA&S segments
Raising full year ranges for adjusted earnings and cash flow guidance
Third Quarter 2025 GAAP Financial Results
◦ Sales of $1.13 billion, up 7% year-over-year, driven by a 21% aerospace & defense increase
◦ Net income attributable to ATI of $110 million, up 33% year-over-year
◦ Earnings per share of $0.78 compared to $0.57 per share in the third quarter 2024
Third Quarter 2025 Non-GAAP Financial Information*
◦Adjusted net income attributable to ATI* of $119 million, up 39% year-over-year
◦Adjusted earnings per share* of $0.85, compared to $0.60 per share in the third quarter 2024
◦Adjusted EBITDA* of $225 million, an increase of 21% year-over-year
◦Adjusted EBITDA* as a percentage of sales of 20.0%, compared to 17.7% in the third quarter 2024
Guidance
The Company is providing fourth quarter and updated full year 2025 guidance in the table below.
| Current Guidance | Prior Guidance | ||||||||||
| Q4 2025 | Full Year 2025 | Full Year 2025 | |||||||||
| Adjusted EBITDA** | $221M - $231M | $848M - $858M | $810M - $840M | ||||||||
| Adjusted Earnings Per Share** | $0.84 - $0.90 | $3.15 - $3.21 | $2.90 - $3.07 | ||||||||
| Adjusted Free Cash Flow** | $330M - $370M | $270M - $350M | |||||||||
| Capital expenditures | $260M - $280M | $260M - $280M | |||||||||
* Reconciliations of the reported information under accounting principles generally accepted in the United States (GAAP) to non-GAAP financial measures are included in accompanying financial tables. Non-GAAP financial measures should be viewed in addition to, and not superior to or as an alternative for, the Company's reported results prepared in accordance with GAAP.
** Detailed reconciliations of the forward-looking non-GAAP financial measures to the most directly comparable GAAP financial measures are not available without unreasonable effort due to the complexity of the excluded components.
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DALLAS, TX--(PR Newswire)--October 28, 2025--ATI Inc. (NYSE: ATI) reported third quarter 2025 results, with sales of $1.13 billion and net income attributable to ATI of $110.0 million, or $0.78 per share.
| Sequential | Y-O-Y | ||||||||||||||||||||||||||||
| ($ in millions except per share amounts) | Q3 2025 | Q2 2025 | Change | Q3 2024 | Change | ||||||||||||||||||||||||
| Sales | $1,125.5 | $1,140.4 | (1) | % | $1,051.2 | 7 | % | ||||||||||||||||||||||
| Net income attributable to ATI | $110.0 | $100.7 | 9 | % | $82.7 | 33 | % | ||||||||||||||||||||||
| Earnings per share | $0.78 | $0.70 | 11 | % | $0.57 | 37 | % | ||||||||||||||||||||||
ATI Inc. published this content on October 28, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on October 28, 2025 at 11:46 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]