FY2025 · ended Dec 28, 2025 · Revenue $4.59B, +5.2% YoY · Filed Feb 20, 2026
ATI Inc. (ATI) files with the SEC under industry code 3317, Steel Pipe & Tubes. In fiscal 2025, which ended Dec 28, 2025, it reported revenue of $4.6 billion and net income of $404.3 million. Free cash flow was $333.7 million. As of Sep 27, 2026 it held $442.3 million in cash and investments and $1.9 billion in total debt.
Revenue (TTM)
$5.01B
+9.4% vs year-ago TTM
Net income (TTM)
$555.60M
+24.9% vs year-ago TTM
Operating cash flow (TTM)
$730.40M
+7.5% vs year-ago TTM
Free cash flow (TTM)
$421.10M
-5.2% vs year-ago TTM
EPS (TTM)
$4.00
+29.1% vs year-ago TTM
Dividend per share
$0.00
Shares outstanding
136.94M
-3.7% vs prior year
Net cash
$-1.42B
as of Sep 27, 2026
Operating margin
16.5%
FY 2026
Company profile
- Industry
- Steel Pipe & Tubes (SIC 3317)
- Listed as
- ATI (NYSE)
- Fiscal year ends
- December 28
- Incorporated in
- DE
- Headquarters
- Dallas, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1018963
- Former names
- ALLEGHENY TECHNOLOGIES INC (until Jun 22, 2022); ALLEGHENY TELEDYNE INC (until Aug 25, 1999)
Other Steel Pipe & Tubes companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 28, 2025 |
FY 2024 Dec 29, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $4.6B | $4.4B | $4.2B | $3.8B | $2.8B |
| Operating income | $640.9M | $608.9M | $466.4M | $287.3M | $117.6M |
| Net income | $404.3M | $367.8M | $410.8M | $130.9M | -$38.2M |
| Diluted EPS | $2.85 | $2.55 | $2.81 | $0.96 | -$0.30 |
| Operating cash flow | $614.3M | $407.2M | $85.9M | $224.9M | $16.1M |
| Free cash flow | $333.7M | $168.1M | -$114.8M | $94.0M | -$136.5M |
| Total assets | $5.1B | $5.2B | $5.0B | $4.4B | $4.3B |
| Total liabilities | $3.2B | $3.3B | $3.5B | $3.3B | $3.5B |
| Stockholders' equity | $1.8B | $1.9B | $1.4B | $1.0B | $685.6M |
| Cash and investments | $416.7M | $721.2M | $743.9M | $584.0M | $687.7M |
| Total debt | $1.8B | $1.8B | $2.2B | $1.8B | $1.8B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 29, 2026 | Sep 27, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 29, 2026 | Oct 29, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 28, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Material agreement, New debt, Other events
|
Jun 8, 2026 | Jun 8, 2026 |
| 8-K |
Current report
Other events
|
Jun 3, 2026 | Jun 3, 2026 |
Source: SEC EDGAR filings. This is company-reported data, not investment advice.