Official-source research · No sign-up
Compare reported periods, then test what the results establish about delivery.
24 matched comparisons across 85 company profiles. Other companies retain explicit coverage gaps. No analyst consensus or beat/miss claim is supplied.
| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Net sales | 2638.1 | 3274.3 | +24.12% |
| Operating profit | 442.4 | 637.9 | +44.19% |
Our interpretation: Sales and operating profit increased. This does not isolate cooling revenue or establish customer-accepted capacity.
Next test: Reconcile qualified cooling output, project acceptance and delivery timing with reported economics.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Net sales | 7028 | 8531 | +21.39% |
| Electrical Americas sales | 3350 | 3951 | +17.94% |
Our interpretation: Consolidated growth includes acquisitions and markets beyond AI infrastructure.
Next test: Separate organic conversion, acquired revenue and customer-accepted electrical equipment.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Total revenues | 144498 | 234066 | +61.99% |
| Product revenues | 92725 | 181347 | +95.58% |
Our interpretation: Product growth and backlog do not prove future launch cadence or Neutron readiness.
Next test: Track launch execution, spacecraft acceptance and development milestones.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Revenue | 2053 | 2547 | +24.06% |
| Engine Products revenue | 1038 | 1373 | +32.27% |
| Engine Products adjusted EBITDA margin | 33.0 | 37.7 | +4.70 pp |
Our interpretation: Engine Products expanded sales and adjusted margin. These figures do not quantify qualified hot-section throughput or prove scarcity pricing.
Next test: Check accepted output, yield and program qualifications alongside segment economics.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Revenue | 154.5 | 176.1 | +13.98% |
| Net income | 28.9 | 16.8 | -41.87% |
Our interpretation: Revenue rose while net income declined. LEU deliveries do not establish new HALEU capacity.
Next test: Separate uranium and SWU mix, delivery timing and qualified HALEU output.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Total revenues | 9111 | 11104 | +21.87% |
| Adjusted EBITDA margin | 8.5 | 11.3 | +2.80 pp |
Our interpretation: Reported revenue and adjusted margin increased. The reported margin differs from the organic margin measure; revenue growth does not measure turbine capacity.
Next test: Track shipments and customer acceptance against contracts and capacity plans.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Sales | 1140.4 | 1261.1 | +10.58% |
| Net income attributable to ATI | 100.7 | 151 | +49.95% |
Our interpretation: Financial improvement does not quantify aerospace-qualified melt or forging throughput.
Next test: Track qualified output, program mix and cash conversion.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →| Metric / scope / basis | Q2 FY2026 | Q2 FY2027 | Derived change |
|---|---|---|---|
| Revenue | 46743 | 96221 | +105.85% |
| Gross margin | 72.4 | 75 | +2.60 pp |
Our interpretation: Growth does not identify which component limits delivered systems.
Next test: Track rack acceptance, supply dependencies and deployment timing.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Revenue | 7685 | 11536 | +50.11% |
| Data Center revenue | 3240 | 6718 | +107.35% |
Our interpretation: Data Center includes CPUs and accelerators; it is not a pure AI accelerator measure.
Next test: Separate product mix and customer deployment from headline growth.
Full company research →| Metric / scope / basis | Q3 2025 | Q3 2026 | Derived change |
|---|---|---|---|
| Total net sales | 7516 | 11662 | +55.16% |
| Income from operations | 2468.4 | 5172.8 | +109.56% |
Our interpretation: Sales and operating income do not establish customer wafer throughput.
Next test: Monitor system acceptance, installed-base productivity and capacity plans.
Full company research →| Metric / scope / basis | Q3 FY2025 | Q3 FY2026 | Derived change |
|---|---|---|---|
| Revenue | 7302 | 9115 | +24.83% |
| Gross margin | 48.8 | 50.3 | +1.50 pp |
Our interpretation: Consolidated results include several markets; packaging exposure is not isolated.
Next test: Distinguish announced factory investment from qualified tool output.
Full company research →| Metric / scope / basis | Q4 FY2025 | Q4 FY2026 | Derived change |
|---|---|---|---|
| Revenue | 5171393 | 6722238 | +29.99% |
| Systems revenue | 3437625 | 4249848 | +23.63% |
Our interpretation: Systems growth does not measure customer fab yield or available wafer capacity.
Next test: Track tool acceptance, process qualifications and service demand.
Full company research →| Metric / scope / basis | Q1 FY2026 | Q1 FY2027 | Derived change |
|---|---|---|---|
| Revenue | 223074 | 479003 | +114.73% |
| Operating income | 60742 | 120700 | +98.71% |
Our interpretation: Company growth does not establish cable-level scarcity or customer exclusivity.
Next test: Track qualified product adoption, customer concentration and margin durability.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Revenue | 191925 | 392400 | +104.45% |
| Gross profit | 145563 | 287567 | +97.56% |
Our interpretation: The release labels results preliminary. Growth does not prove future switch-ramp execution.
Next test: Reconcile filed results and production qualification with preliminary disclosure.
Full company research →| Metric / scope / basis | Q2 FY2026 | Q2 FY2027 | Derived change |
|---|---|---|---|
| Net revenue | 2006.1 | 2739.3 | +36.55% |
| Data Center revenue | 1490.5 | 2171.5 | +45.69% |
Our interpretation: Data-center revenue includes multiple products, not solely custom AI chips.
Next test: Track product mix, customer programs and accepted production output.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Revenue | 401242 | 1065365 | +165.52% |
| Gross margin | 26.7 | 33.4 | +6.70 pp |
Our interpretation: Revenue and rounded GAAP margin do not measure commissioned megawatts.
Next test: Check manufacturing output, project commissioning, fuel and customer economics.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →| Metric / scope / basis | Q4 FY2025 | Q4 FY2026 | Derived change |
|---|---|---|---|
| Net sales | 5243 | 5755 | +9.77% |
| Aerospace Systems sales | 1676 | 1900 | +13.37% |
Our interpretation: Aerospace growth includes multiple products and aftermarket activity; it is not a component-capacity measure.
Next test: Reconcile organic sales and product mix with accepted deliveries.
Full company research →| Metric / scope / basis | Q3 2025 | Q3 2026 | Derived change |
|---|---|---|---|
| Sales | 6053 | 6554 | +8.28% |
| Operating profit | 1154 | 1245 | +7.89% |
Our interpretation: Consolidated results include acquisition effects and diagnostics; they do not isolate bioprocess revenue. Core growth also uses a revised tariff-refund adjustment.
Next test: Track Biotechnology organic demand, inventories and recurring consumables separately.
Full company research →| Metric / scope / basis | Q3 2025 | Q3 2026 | Derived change |
|---|---|---|---|
| Revenues | 11122 | 12137 | +9.13% |
| Operating income | 1941 | 2263 | +16.59% |
Our interpretation: Company-wide results include portfolio changes and several end markets; they cannot isolate single-use or AI revenue.
Next test: Separate organic bioprocess demand, equipment placements and recurring consumable sales.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Total revenue | 182366 | 204128 | +11.93% |
| Income from operations | 13896 | 13976 | +0.58% |
Our interpretation: Revenue increased while GAAP operating income was nearly flat. Adjusted growth is a different measure.
Next test: Test recurring demand, order conversion and GAAP margin alongside purification adoption.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →| Metric / scope / basis | Q3 FY2025 | Q3 FY2026 | Derived change |
|---|---|---|---|
| Net revenue | 15952 | 29591 | +85.50% |
| Operating income | 5887 | 15955 | +171.02% |
Our interpretation: Consolidated results combine semiconductors and software; they do not quantify accepted AI racks or packaging throughput.
Next test: Track program deliveries and semiconductor mix alongside supply commitments.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Net sales | 792.4 | 883.2 | +11.46% |
| Gross margin | 44.4 | 47.6 | +3.20 pp |
Our interpretation: Sales and GAAP gross margin increased. This does not isolate filtration, AI exposure or customer wafer yield.
Next test: Qualified consumable demand and customer wafer starts
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Revenue | 5426 | 5881 | +8.39% |
| Operating income | 571 | 654 | +14.54% |
Our interpretation: Consolidated GAAP results include several defense and space activities. Higher revenue does not establish space-only growth or accepted propulsion capacity.
Next test: Propulsion qualification, accepted deliveries and program schedules
Full company research →| Metric / scope / basis | Q2 2025 | Q2 2026 | Derived change |
|---|---|---|---|
| Total revenues | 351.5 | 458.8 | +30.53% |
| Operating income (loss) | 3.7 | -1.6 | -143.24% |
Our interpretation: Revenue grew while GAAP operating income moved to a loss. Consolidated growth includes acquisitions and businesses beyond satellite ground systems.
Next test: Production deployments and customer acceptance after interoperability tests
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →No screened, matched-period comparison yet. Missing periods remain unknown. This profile is research coverage, not a completed earnings update.
Full company research →