# Aluminium producers report record Q2 2026 earnings

> Live situation record from CLSTR: https://clstr.news/situations/aluminium-producers-report-record-q2-2026-earnings
> Updated: 2026-08-04T20:41:41.000Z. Sources: 25. Developments: 2.

In the second quarter of 2026, two major aluminium producers announced unusually strong financial results. Kaiser Aluminum in the United States posted record sales of $1.3 billion and net income of $97 million, far exceeding analyst expectations and prompting a higher full‑year outlook and a dividend increase. The company attributed the surge to a higher‑value product mix, recovering aerospace demand, and favorable scrap spreads.

A month later, Brazil’s Companhia Brasileira de Alumínio reported a turnaround to a R$410 million profit after a loss the previous year. Revenue rose about 28 % to roughly R$2.5‑2.6 billion, and adjusted EBITDA jumped 273 % to a record R$705 million, driven by a sharp rise in global aluminium prices and lower production costs. Both firms highlighted the impact of rising LME aluminium prices, which were boosted by supply constraints and geopolitical tensions in the Middle East.

No further aluminium‑specific earnings updates have been reported since these Q2 releases, leaving the sector’s strong profitability trend unchanged.

## Claims

- Copel's recurring net income for Q2 2026 rose 42.6% to BRL 645.1 million. (corroborated by 4 sources)
- Gerdau's net profit for Q2 2026 increased 69.8% to R$1.45 billion. (corroborated by 3 sources)
- Gerdau's North American revenue grew 10.8% to R$10.13 billion in Q2 2026. (corroborated by 2 sources)
- BeOne Medicines reported total Q2 2026 revenue of US$1.7 billion, up about 30% year‑on‑year. (corroborated by 2 sources)
- Brava Energia's net profit for Q2 2026 was R$871 million, a 16.9% decline from the prior year. (corroborated by 2 sources)
- Vivara's Q2 2026 net profit was R$156.7 million, a 0.9% increase from the prior year. (corroborated by 2 sources)
- Axia Energia posted a Q2 2026 net profit of R$1.19 billion, reversing a R$1.32 billion loss a year earlier. (single source)
- Engie Brasil recorded a Q2 2026 net profit of R$694 million, up 23% year‑on‑year (excluding extraordinary items). (single source)

## Timeline

### 2026-08-04: Gerdau posts 70% profit surge in Q2 2026, driven by North American operations

Q2 2026 earnings: Gerdau profit +70% to R$1.45bn (North‑America drive); BeOne revenue $1.7bn; Brava profit –17% to R$871m; Axia profit R$1.19bn; Copel net income +43% to BRL 645m; Engie profit +23% to R$694m; V

25 sources. https://clstr.news/cluster/companhia-brasileira-de-alumnio-posts-r410-million-profit-in-q2-2026

### 2026-07-22: Kaiser Aluminum posts record Q2 2026 earnings, beats forecasts and raises outlook

Kaiser Aluminum reported record Q2 2026 results with $1.3 bn sales, $97 m net income, $5.72 EPS, and a $0.77 dividend, beating forecasts and prompting a raised full‑year outlook.

2 sources. https://clstr.news/cluster/kaiser-aluminum-posts-record-q2-2026-earnings-beats-forecasts-and-raises-outlook

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Cite as: Aluminium producers report record Q2 2026 earnings. CLSTR, https://clstr.news/situations/aluminium-producers-report-record-q2-2026-earnings