2/6reports moved further than the options market had pricedtypically ±7.0% realized vs ±11.1% priced
Q2 FY26—
▼ −4.99%—
Apr 29 '26±11.1%
▲ +3.70%×0.33
Feb 18 '26±8.5%
▲ +9.53%×1.13
Oct 29 '25±10.2%
▼ −3.78%×0.37
Jul 29 '25±10.5%
▲ +5.38%×0.51
Apr 30 '25±16.0%
▲ +5.42%×0.34
Feb 20 '25±10.3%
▲ +14.22%×1.38
2-quarter memory
Linked exposure
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No linked names measured for this ticker yet.
Positioning
4 expiries · as of the Sep 19 close
Contracts already committed, not just traded today. Puts against calls, sized by expiry.
245
▲ 2%
Oct 16
27d
▲ 5%
663
1,181
▲ 0%
Nov 20
62d
▲ 0%
6,647
6,043
0%
Jan 15
118d
▼ 0%
13,293
1,147
0%
Feb 19
153d
0%
244
putscalls
Intraday
▼ −3.33% since 6 AM
25.296 AM11 AM1 PM3 PMpre
25.826.0prev26.2125.49
High 26.37 at 6:30 am ET, low 25.29 at 3:15 pm ET.
Event sensitivity
release-day history · not a forecast
NFPjobs report1.4×up 6 of 9±3.0% vs ±2.1% · 9
PPIproducer prices1.3×up 5 of 9±2.7% vs ±2.1% · 9
PCEpersonal income & outlays1.1×up 8 of 18±2.2% vs ±2.1% · 18
FOMCrate decision1.1×up 14 of 24±2.2% vs ±2.1% · 24
CPIconsumer prices0.8×up 4 of 9±1.8% vs ±2.1% · 9
GDPgross domestic product0.7×up 11 of 18±1.5% vs ±2.1% · 18
CPROFcorporate profits0.6×up 8 of 11±1.3% vs ±2.1% · 11
Past release days against CSTM’s ordinary ±2.1% day, from our own stored closes. History, not a forecast; kinds with fewer than six releases are omitted.
Revenue flow
Q2 FY2026 as filed · change vs Q1 FY2026
CSTM kept 5.39% of Q2 FY2026 revenue as profit. Revenue +11.66% on Q1 FY2026, +30.67% on Q2 FY2025.
Revenue
$2.7B▲ +11.66% q/q
Gross profit
$480M▲ +14.29% q/q
17.47% margin
Cost of revenue
$2.3B▲ +11.12% q/q
Operating income
$281M▲ +23.79% q/q
10.23% margin
Operating expenses
$199M▲ +3.11% q/q
SG&A $101M
Depreciation $84M
R&D $14M
Pre-tax income
$214M▼ −21.32% q/q
Net income
$148M▼ −24.49% q/q
5.39% margin
Tax
$66M▼ −13.16% q/q
Other expense
$67M
Revenue$2.7B
Gross profit$480M17.47%
Operating income$281M10.23%
Pre-tax income$214M
Net income$148M5.39%
Cost of revenue
$2.3B · 82.53%
Operating expenses
$199M · 7.24%
Tax
$66M · 2.40%
Other expense leaves
$67M · 2.44%
Standardized lines from CSTM’s own filing for the quarter ended Jun 30 '26. Ribbon thickness is the dollar amount.