The aerospace supplier reports sequential and year-over-year profitability gains driven by higher shipments and pricing.
Metallus posted adjusted EBITDA of $29 million in Q2 2026, marking improvements from both the prior quarter and the same period last year. The company attributed the gains to increased shipments, higher melt utilization, and better pricing and product mix.
Management set a revenue run-rate target of $250 million for aerospace and defense by year-end 2026. The Q2 performance reflects ongoing operational efficiencies and demand strength in key markets.
No immediate market reaction was disclosed in the earnings call summary.