ATI Inc. stock plunges 18% on Q2 earnings miss

ATI Inc. shares fell 18.36% to $76.94 after missing revenue forecasts in Q2, with attributable net income up 22.9% to $100.7mln. Revenues grew 4.1% to $1.14bln, but missed consensus forecasts by 1.72%. The company also announced an expanded agreement with Boeing for titanium material supply.

ATI Inc. (NYSE: ATI) reported mixed financial results for the second quarter of 2025, with shares falling 18.36% to $76.94 following the announcement. The company reported attributable net income of $100.7 million, an increase of 22.9% year-over-year (YoY), but missed revenue forecasts. Sales grew 4.1% to $1.14 billion, falling short of consensus estimates by 1.72%.

The company attributed the revenue miss to several factors, including lower-than-expected sales in the commercial airframe segment and increased competition in the specialty energy market. However, the company saw strong demand for commercial jet engines, with sales growing by 27% YoY, and aerospace and defense sales accounting for 67% of total Q2 2025 sales.

ATI also announced an expanded agreement with Boeing for titanium material supply, which is expected to further bolster its market position in the aerospace and defense sector. The company provided updated guidance for the third quarter and full year 2025, with adjusted EBITDA expected to range between $200 million and $210 million for Q3 2025 and between $810 million and $840 million for the full year.

Despite the revenue miss, ATI remains optimistic about its future prospects, with CEO Kimberly A. Fields noting increasing demand from its aerospace and defense customers. The company also highlighted its disciplined approach to capital allocation, with a commitment to repurchase $320 million of shares in 2025.

[1] https://www.marketscreener.com/news/ati-announces-second-quarter-2025-results-ce7c5fdddb88f426