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Other financials

Income statement

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Revenue$1.3B+52.7%
Gross profit$199.0M+98.4%
Operating income$133.7M+252%
Net income$96.8M+317%
EPS (diluted)$5.72+306%

Balance sheet

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Cash & equivalents$58.5M+347%
Total debt$1.1B-3.4%
Total equity$943.8M+21.6%
Total assets$2.9B+15.8%

Cash flow

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Operating cash flow$59.5M+274%
CapEx$24.4M-44.0%
Free cash flow$35.1M+227%

Valuation

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Market cap$2.8B+136%
Enterprise value$3.81B+67.2%
P/E12.3×-3.8×
P/S0.7×+0.3×

Profitability

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Gross margin14.5%+2.6pp
Operating margin8.2%+4.0pp
Net margin5.5%+3.1pp
FCF margin2.1%+1.5pp

Returns & leverage

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Return on equity26.4%+16.6pp
Debt / equity1.1×-0.3×
Current ratio2.5×-0.2×

Where this comes from

Reported directly by Kaiser Aluminum in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

The source filing: Kaiser Aluminum’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 5:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-314580
Line itemAs of June 30, 2026As of December 31, 2025
Cash and cash equivalents$58.5$7.0
Receivables, net575.0423.3
Contract assets72.363.4
Inventories848.1725.2
Prepaid expenses and other current assets47.942.6
Total current assets1,601.81,261.5
Property, plant and equipment, net1,143.71,145.2
Operating lease assets23.322.4

Item 1. Financial Statements

FAQ

What is Kaiser Aluminum's inventories?
Kaiser Aluminum (KALU) reported inventories of $848.1M in Q2 2026.
How has Kaiser Aluminum's inventories changed year-over-year?
Kaiser Aluminum's inventories increased by 42.4% year-over-year, from $595.6M to $848.1M.
What is the long-term trend for Kaiser Aluminum's inventories?
Over 5 years (2020 to 2025), Kaiser Aluminum's inventories has grown at a 36.7% compound annual growth rate (CAGR), from $152M to $725.2M.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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