ATI Inc. (ATI) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-03-30 to 2026-06-28

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ATI Inc. cash flow reconciliation, Mar 30, 2026 through Jun 28, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $131,800,000.00Net income → Operating adjustments reconciliation: $22,500,000.00Depreciation and amortization → Operating adjustments reconciliation: $44,000,000.00Accounts receivable → Operating adjustments reconciliation: $18,300,000.00Deferred taxes → Operating adjustments reconciliation: $12,000,000.00Share-based compensation → Operating adjustments reconciliation: $7,700,000.00Non-cash restructuring charges, net → Operating adjustments reconciliation: $300,000.00Operating adjustments reconciliation → Inventories: $87,000,000.00Operating adjustments reconciliation → Net gain from disposal of property, plant and equipment: $9,900,000.00Operating adjustments reconciliation → Accounts payable: $4,600,000.00Operating adjustments reconciliation → Accrued liabilities and other: $3,200,000.00Operating adjustments reconciliation → Retirement benefits: $100,000.00Remaining financing cash flows, net (calculated) → financing reconciliation: $361,200,000.00Net borrowings under international credit facilities → financing reconciliation: $1,600,000.00financing reconciliation → Net cash from financing activities: $312,200,000.00financing reconciliation → Purchase of treasury stock: $50,000,000.00financing reconciliation → Shares repurchased for income tax withholding on share-based compensation and other: $600,000.00Net cash used in investing activities → investing reconciliation: $63,200,000.00Proceeds from disposal of property, plant and equipment → investing reconciliation: $5,600,000.00investing reconciliation → Purchases of property, plant and equipment: $68,600,000.00investing reconciliation → Proceeds from sales of businesses, net of transaction costs: $200,000.00Exchange-rate effect → Cash sources and uses: $500,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $401,700,000.00Net cash from operating activities → Cash sources and uses: $131,800,000.00Net cash from financing activities → Cash sources and uses: $312,200,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $783,000,000.00Cash sources and uses → Net cash used in investing activities: $63,200,000.00Net income: $154,300,000.00Net income+$154.30 MDepreciation and amortization: $44,000,000.00Depreciation & amortization+$44.00 MNon-cash restructuring charges, net: $300,000.00Non-cash restructuring, net+$300.00 KShare-based compensation: $7,700,000.00Stock-based compensation+$7.70 MDeferred taxes: $12,000,000.00Deferred taxes & credits+$12.00 MNet gain from disposal of property, plant and equipment: -$9,900,000.00PP&E disposal gain & loss−$9.90 MNet loss on sales of businesses: $0.00Inventories: -$87,000,000.00Inventories−$87.00 MAccounts receivable: $18,300,000.00Accounts receivable+$18.30 MAccounts payable: -$4,600,000.00Trade payables−$4.60 MRetirement benefits: -$100,000.00Pension & retiree obligations−$100.00 KAccrued liabilities and other: -$3,200,000.00Other working capital, net−$3.20 MNet cash from operating activities: $131,800,000.00Operating cash+$131.80 MOperating adjustments reconciliation: $104,800,000.00Net borrowings under international credit facilities: $1,600,000.00Other debt, net+$1.60 MPurchase of treasury stock: -$50,000,000.00Common stock repurchases−$50.00 MShares repurchased for income tax withholding on share-based compensation and other: -$600,000.00Other equity repurchased−$600.00 KRemaining financing cash flows, net (calculated): $361,200,000.00Remaining financing (calculated)+$361.20 MNet cash from financing activities: $312,200,000.00Financing cash+$312.20 Mfinancing reconciliation: $362,800,000.00Purchases of property, plant and equipment: -$68,600,000.00Capital expenditures−$68.60 MProceeds from disposal of property, plant and equipment: $5,600,000.00PP&E sales+$5.60 MProceeds from sales of businesses, net of transaction costs: -$200,000.00Business sales, net of cash−$200.00 KOther: $0.00Net cash used in investing activities: -$63,200,000.00. Cash required to fund net payments.Investing cash−$63.20 Minvesting reconciliation: $68,800,000.00Cash sources and uses: $846,200,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $401,700,000.00Beginning cash$401.70 MEnding cash: Cash, cash equivalents, and restricted cash: $783,000,000.00Ending cash$783.00 MExchange-rate effect: $500,000.00FX effect+$500.00 KCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$63.20 MOperating cash − cash spent on productive assetsCash flow / Net income0.85×Operating cash flow ÷ net incomeNet cash change+$381.30 MEnding cash − beginning cash
Chart details

ATI Inc. cash flow reconciliation, Mar 30, 2026 through Jun 28, 2026

Cash flows for Mar 30, 2026 through Jun 28, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 29, 2026. Ending cash: Jun 28, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 29, 2026
401,700,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
131,800,000 US dollars. Net cash provided.
Net income
154,300,000 US dollars
Depreciation and amortization
44,000,000 US dollars
Non-cash restructuring charges, net
300,000 US dollars
Share-based compensation
7,700,000 US dollars
Deferred taxes
12,000,000 US dollars
Net gain from disposal of property, plant and equipment
negative 9,900,000 US dollars
Net loss on sales of businesses
0 US dollars
Inventories
negative 87,000,000 US dollars
Accounts receivable
18,300,000 US dollars
Accounts payable
negative 4,600,000 US dollars
Retirement benefits
negative 100,000 US dollars
Accrued liabilities and other
negative 3,200,000 US dollars
Investing activities
negative 63,200,000 US dollars. Net cash used.
Purchases of property, plant and equipment
negative 68,600,000 US dollars
Proceeds from disposal of property, plant and equipment
5,600,000 US dollars
Proceeds from sales of businesses, net of transaction costs
negative 200,000 US dollars
Other
0 US dollars
Financing activities
312,200,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Borrowings on long-term debt and Payments on long-term debt and finance leases), so Repayment of finance lease obligations, Debt issuance costs and Proceeds from issuance of senior notes cannot be separated for this quarter. It may combine inflows and outflows.
Net borrowings under international credit facilities
1,600,000 US dollars
Purchase of treasury stock
negative 50,000,000 US dollars
Shares repurchased for income tax withholding on share-based compensation and other
negative 600,000 US dollars
Remaining financing cash flows, net (calculated)
361,200,000 US dollars
Operating adjustment reconciliation
104,800,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing displayed reconciliation
362,800,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing gross reconciliation
68,800,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
500,000 US dollars
Ending cash on Jun 28, 2026
783,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
846,200,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
381,300,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.85×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
131,800,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
68,600,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
63,200,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $131.80M of net income directly to operating cash and $22.50M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 131,800,000 US dollars minus 68,600,000 US dollars equals 63,200,000 US dollars.
ATI Inc. (ATI) FY2026 Q2 Statement of Cash Flows Sankey chart
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