Kaiser Aluminum reports record Q2 net income of $97M ($5.72/share), raises 2026 outlook

Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income reached $97M ($5.72/share), up from $23M ($1.41/share) in Q2 2025, driven by higher-value packaging mix, aerospace recovery, favorable scrap spreads, and ~$27M metal lag tailwind.

  Exhibit 99.1 view on EDGAR →
• high

  Adjusted EBITDA rose to $166M (38.1% margin) from $68M (18.1% margin) year-over-year; conversion revenue increased 17% to $437M on strong pricing and improved product mix.

  Exhibit 99.1 view on EDGAR →
• high

  Packaging segment conversion revenue per pound improved to $1.12 from $0.92, with shipments up 21.7% to 155.8 million pounds, reflecting sustained demand for coated products.

  Exhibit 99.1 view on EDGAR →