AI-extracted from the 10-Q filed 2026-10-22 — Q3 FY2026 (quarter ended September 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Kaiser Aluminum's Q3 net sales rose 44% to $1,214.5M and net income to $31.0M, driven by a 30% higher realized price and 11% higher shipments, though metal and manufacturing costs compressed margins.
Biggest Revenue Drivers
Packaging$561.4M+43% YoY
Continued ramp of shift to coated products strategy; shipments up 6% to 153.0 mmlbs.
GE Products$278.3M+45% YoY
Shipments up 12% to 67.4 mmlbs, with higher realized pricing.
Biggest Revenue Drivers
Total revenue: $1,214.5M+44% YoY
Packaging$561.4M+43% YoY
Continued ramp of shift to coated products strategy; shipments up 6% to 153.0 mmlbs.
GE Products$278.3M+45% YoY
Shipments up 12% to 67.4 mmlbs, with higher realized pricing.
Aero/HS Products$291.9M+60% YoY
Capacity added from Phase VII investment at Trentwood; shipments up 42%.
Cost of products sold (excl. D&A)$1,098.8M+51% YoY
Hedged cost of alloyed metal up $282.6M, mainly higher metal prices; manufacturing costs up $82.2M on lower scrap utilization and coating line ramp.
SG&A and R&D$32.1M-5% YoY
Lower employee costs, partly offset by higher other SG&A.
Interest expense$14.2M+15% YoY
Senior Notes interest including debt issuance cost amortization.
Margins: Adjusted EBITDA rose to $84.0M from $81.3M as volume and pricing offset higher manufacturing costs from lower scrap utilization and the Bellwood outage. Conversion Revenue grew to $439.1M from $350.7M.
Watch Items from the Filing
Customer supply chain financing programs covered approximately 31% of quarterly net sales, with $362.1M of receivables sold in the quarter.
Environmental accruals total $17.6M, and actual costs could exceed current accruals by up to $15.1M.
Net mark-to-market hedge exposure and a $0.10/lb LME decline would produce a $7.7M unrealized loss on aluminum derivatives.
Management now expects 2026 Adjusted EBITDA growth toward the lower end of 45% to 55%, citing outages and metal headwinds, while Conversion Revenue growth tracks the high end of 10% to 15%.
Total liquidity of $687.2M, including $569.9M of Revolving Credit Facility availability and no outstanding borrowings.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About KAISER ALUMINUM CORP (KALU): stock profile, AI score and financials
KAISER ALUMINUM CORP (KALU) stock profile, AI quality score, and SEC EDGAR financial data, a Materials sector company. 13F Pro's AI-powered ranking engine scores KALU at 64.2/100 on a composite quality score built from its SEC filings, placing it at rank #562 of 2,925 stocks — the top 25% of the AI-ranked universe. KALU scores in the top quartile across revenue growth (83.4), balance sheet strength (80.3), revenue scale (76.5). Areas of concern include free cash flow (35.2) and earnings quality (38.4), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q3 2026), KAISER ALUMINUM CORP reports quarterly revenue of $1.2B, net income of $31.0M, an operating margin of 4.5%. Top institutional holders of KALU by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, STATE STREET, based on the most recent SEC filings. KALU trades on the Nasdaq exchange and files with the SEC under CIK 811596. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate KALU daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for KAISER ALUMINUM CORP directly from SEC EDGAR.