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StocksMediumUpdated×2•Originally published 5 November 2026•Updated 5 November 2026•
1 min read

ArcelorMittal Posts $391 Million Q3 Net Loss on Ukraine Impairment

Key Facts

1ArcelorMittal reported Non-GAAP EPS of $1.15.
2Revenue reached $16.47B, missing analyst estimates by $460M.

ArcelorMittal reported a net loss of $391 million for the third quarter of 2026, driven by exceptional costs related to idling its operations in Ukraine. The company achieved an EBITDA of $2.023 billion during the period, which exceeded analyst expectations despite the bottom-line loss.

Revenue for the quarter reached $16.47 billion, missing estimates by $460 million, while Seeking Alpha reported a Non-GAAP EPS of $1.15. Shares of MT closed at $62.49 on November 4, 2026, as the company's net debt rose to $10.3 billion by the end of the third quarter.

Latest Updates · 1

  1. Notable·

    Update: ArcelorMittal reported a statutory net loss of $391 million for the third quarter, driven by charges from idling its operations in Ukraine. However, the company's adjusted net income rose to $868 million during the period.

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