Every 10-Q that Metallus Inc. (MTUS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MTUS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MTUS filings page.
Metallus Inc. reported higher sales and earnings for the quarter and six months ended June 30, 2026. For the quarter, net sales were $341.0 million, up 12.0% from 2025, and net income was $8.9 million versus $3.7 million, with diluted EPS of $0.21. For the first half, net sales were $649.3 million, up 11.0%, and net income rose to $14.3 million from $5.0 million, as gross profit improved and SG&A declined slightly.
Growth was supported by higher shipments and pricing, particularly in aerospace & defense and industrial markets. First-half net sales by end market were $228.4 million industrial, $240.8 million automotive, $112.0 million aerospace & defense and $57.0 million energy. Operating cash flow was a use of $14.1 million, mainly from higher receivables, inventories and $25.2 million of pension contributions, while capital expenditures totaled $39.9 million, including U.S. government–funded projects.
Liquidity remained sizable with $108.6 million of cash and total liquidity of $394.8 million, including $286.2 million of undrawn availability under a newly amended $300.0 million asset-based credit facility maturing in 2031. Through June 30, 2026, Metallus had received $102.8 million of government funding toward major furnace investments and repurchased 0.5 million shares for $7.9 million, with $81.8 million remaining under its authorization.
Metallus Inc. reported stronger first-quarter 2026 results, with net sales of $308.3 million, up 9.9% from $280.5 million a year earlier. Net income rose to $5.4 million from $1.3 million, and diluted earnings per share increased to $0.13 from $0.03.
Gross profit improved to $25.1 million, helped by higher shipments, better price/mix and raw material spread, partly offset by increased manufacturing costs. Aerospace & defense and industrial demand were key contributors, while energy softened.
Cash and cash equivalents were $104.0 million, with total liquidity of $374.7 million and no debt outstanding under the $400 million credit facility. Operating cash outflow of $26.9 million reflected higher working capital and pension contributions. Metallus continued investing, with $24.7 million of capital expenditures and ongoing U.S. Army–funded projects, and repurchased 0.3 million shares for $4.3 million.
Metallus Inc. reported Q3 2025 results with net sales of $305.9 million and net income of $8.1 million (diluted EPS $0.19), up from $227.2 million in sales and a loss in the prior-year quarter. Gross profit rose to $35.0 million from $12.1 million, driven by higher shipments and favorable surcharges, partly offset by lower base prices. The company recorded a $2.7 million restructuring reserve tied to an exit incentive program.
Cash and cash equivalents were $191.5 million and total liquidity was $436.9 million at quarter-end, with no debt outstanding. Metallus repurchased 0.2 million shares for $3.0 million in Q3 (year-to-date 0.9 million for $11.9 million), leaving $90.9 million under authorization. The company received $10.0 million in Q3 and $28.0 million year-to-date of U.S. Army funding under a $99.75 million agreement and invested $28.4 million in Q3 capex ($73.7 million YTD). A tentative USW labor agreement was not ratified; the existing contract was extended through January 29, 2026 while negotiations continue.