Strong Financial Performance
Revenue grew 4% year-over-year, reaching $1.14 billion. Adjusted EBITDA was $208 million, a 14% increase year-over-year. Adjusted earnings per share came in at $0.74, above the projected range.
High Performance Materials & Components (HPMC) Segment Success
HPMC segment delivered margins of 23.7%, a 350 basis point improvement from Q2 2024. The segment is expected to have margins exceeding 24% in the second half of the year.
Commercial Jet Engine Sales Growth
Commercial jet engine sales grew 27% in Q2 and are up 31% year-over-year through the first half of 2025. Full-year jet engine growth is expected to exceed 20%.
Successful Long-term Agreements with Airbus and Boeing
Signed a new long-term guaranteed volume agreement with Boeing and a significantly expanded agreement with Airbus, positioning ATI as a key supplier.
Strong Free Cash Flow and Shareholder Returns
Adjusted free cash flow was $93 million, a 94% increase year-over-year. Executed $250 million in share repurchases during the quarter.