Constellium SE (CSTM) financial statements: income statement, balance sheet and cash flow

Constellium SE's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Constellium SE reported revenue of $8.4B (+15.2% year on year) and net income of $275.0M (+358.3% year on year).

Income statement

Constellium SE income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Revenue	$8.4B	$7.3B	$7.2B	$8.1B
Cost of sales (excluding depreciation and amortization)	($7.3B)	($6.4B)	—	—
Depreciation and amortization	($330.0M)	($304.0M)	—	—
Selling and administrative expenses	($332.0M)	($313.0M)	($302.0M)	($282.0M)
Research and development expenses	($51.0M)	($49.0M)	($52.0M)	($48.0M)
Other gains and losses – net	$43.0M	($26.0M)	($19.0M)	($8.0M)
Finance costs – net	($109.0M)	($111.0M)	($141.0M)	($131.0M)
Income before tax	$408.0M	$135.0M	$196.0M	—
Income tax expense	($133.0M)	($75.0M)	—	—
Equity holders of Constellium	$273.0M	$56.0M	$125.0M	$301.0M
Non-controlling interests	$2.0M	$4.0M	$4.0M	$7.0M
Net income	$275.0M	$60.0M	$129.0M	—
Basic (in USD per share)	$1.95	$0.38	—	—
Diluted (in USD per share)	$1.92	$0.38	—	—

Constellium SE income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Revenue	$2.7B	$2.5B	$2.2B	$2.1B
Cost of sales (excluding depreciation and amortization)	($2.3B)	($2.0B)	($1.9B)	($1.8B)
Depreciation and amortization	($84.0M)	($83.0M)	($84.0M)	($82.0M)
Selling and administrative expenses	($101.0M)	($97.0M)	($85.0M)	($88.0M)
Research and development expenses	($14.0M)	($13.0M)	($12.0M)	($12.0M)
Other gains and losses – net	($39.0M)	$73.0M	$20.0M	$4.0M
Finance costs – net	($28.0M)	($28.0M)	($27.0M)	($29.0M)
Income before tax	$214.0M	$272.0M	$126.0M	$56.0M
Income tax expense	($66.0M)	($76.0M)	($38.0M)	($20.0M)
Net income	$148.0M	$196.0M	$88.0M	$36.0M
Equity holders of Constellium SE	$146.0M	$199.0M	$88.0M	$36.0M
Non-controlling interests	$2.0M	($3.0M)	$0	$0
Basic earnings per share (in USD per share)	$1.07	$1.47	$0.63	$0.25
Diluted earnings per share (in USD per share)	$1.04	$1.42	$0.62	$0.25

Balance sheet

Constellium SE balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$120.0M	$141.0M	$202.0M	$166.0M
Trade receivables and other, net	$723.0M	$486.0M	—	—
Inventories	$1.4B	$1.2B	$1.1B	$1.3B
Fair value of derivatives instruments and other financial assets	$72.0M	$26.0M	—	—
Total current assets	$2.3B	$1.8B	$1.8B	$2.1B
Property, plant and equipment, net	$2.6B	$2.4B	—	—
Goodwill	$47.0M	$46.0M	$462.0M	$478.0M
Intangible assets, net	$88.0M	$97.0M	—	—
Deferred tax assets	$270.0M	$311.0M	$252.0M	$271.0M
Trade receivables and other, net	$31.0M	$36.0M	—	—
Fair value of derivatives instruments	$11.0M	$2.0M	—	—
Total non-current assets	$3.0B	$2.9B	$2.8B	$2.9B
Total assets	$5.4B	$4.7B	$4.7B	$4.9B
Trade payables and other	$1.7B	$1.3B	$1.3B	$1.5B
Current portion of long-term debt	$39.0M	$39.0M	—	—
Fair value of derivatives instruments	$18.0M	$33.0M	—	—
Income tax payable	$18.0M	$18.0M	$19.0M	$16.0M
Pension and other benefit obligations	$24.0M	$22.0M	—	—
Provisions	$25.0M	$25.0M	$18.0M	$21.0M
Total current liabilities	$1.8B	$1.4B	$1.4B	$1.7B
Trade payables and other	$163.0M	$156.0M	$59.0M	$43.0M
Long-term debt	$1.9B	$1.9B	—	—
Fair value of derivatives instruments	$3.0M	$21.0M	—	—
Pension and other benefit obligations	$338.0M	$375.0M	—	—
Provisions	$106.0M	$91.0M	$89.0M	$90.0M
Deferred tax liabilities	$70.0M	$39.0M	$28.0M	$28.0M
Total non-current liabilities	$2.6B	$2.6B	$2.4B	$2.5B
Total liabilities	$4.4B	$4.0B	$3.8B	$4.2B
Ordinary shares, par value €0.02, 146,819,884 shares issued at December 31, 2025 and 2024; 135,424,702 and 143,523,308 shares outstanding at December 31, 2025 and 2024, respectively	4.0M	2.9M	—	—
Additional paid in capital	$693.0M	$513.0M	—	—
Accumulated other comprehensive income	$54.0M	($14.0M)	—	—
Retained earnings	$354.0M	—	—	—
Treasury shares 11,395,182 at December 31, 2025 and 3,296,576 at December 31, 2024	-153.0M	—	—	—
Equity attributable to equity holders of Constellium	$952.0M	$706.0M	$843.0M	$731.0M
Non-controlling interests	$19.0M	$21.0M	$21.0M	$21.0M
Total equity	$971.0M	$727.0M	$864.0M	$752.0M
Total equity and liabilities	$5.4B	$4.7B	$4.7B	$4.9B

Constellium SE balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$163.0M	$143.0M	$122.0M	$133.0M
Trade receivables and other, net	$1.2B	$1.0B	$819.0M	$805.0M
Inventories	$1.9B	$1.7B	$1.4B	$1.3B
Fair value of derivative instruments and other financial assets	$66.0M	$132.0M	$46.0M	$46.0M
Total current assets	$3.3B	$3.0B	$2.4B	$2.3B
Property, plant and equipment, net	$2.5B	$2.5B	$2.6B	$2.6B
Goodwill	$46.0M	$47.0M	$47.0M	$47.0M
Intangible assets, net	$82.0M	$84.0M	$90.0M	$93.0M
Deferred tax assets	$153.0M	$202.0M	$257.0M	$291.0M
Trade receivables and other, net	$33.0M	$33.0M	$38.0M	$40.0M
Fair value of derivative instruments	$2.0M	$4.0M	$18.0M	$21.0M
Total non-current assets	$2.8B	$2.9B	$3.0B	$3.1B
Total assets	$6.1B	$5.8B	$5.4B	$5.4B
Trade payables and other	$2.1B	$2.0B	$1.7B	$1.7B
Current portion of long-term debt	$42.0M	$35.0M	$38.0M	$54.0M
Fair value of derivative instruments	$74.0M	$37.0M	$18.0M	$32.0M
Income tax payable	$24.0M	$20.0M	$21.0M	$18.0M
Pension and other benefit obligations	$23.0M	$23.0M	$24.0M	$24.0M
Provisions	$23.0M	$30.0M	$30.0M	$28.0M
Total current liabilities	$2.3B	$2.1B	$1.8B	$1.9B
Trade payables and other	$162.0M	$158.0M	$160.0M	$169.0M
Long-term debt	$1.9B	$1.9B	$2.0B	$2.0B
Fair value of derivative instruments	$4.0M	$3.0M	$3.0M	$3.0M
Pension and other benefit obligations	$327.0M	$329.0M	$385.0M	$394.0M
Provisions	$92.0M	$101.0M	$94.0M	$94.0M
Deferred tax liabilities	$60.0M	$66.0M	$54.0M	$64.0M
Total non-current liabilities	$2.5B	$2.6B	$2.7B	$2.7B
Total liabilities	$4.8B	$4.7B	$4.5B	$4.6B
Ordinary shares, par value €0.02, 146,819,884 shares issued at June 30, 2026 and at December 31, 2025; 135,527,728 and 135,424,702 shares outstanding at June 30, 2026 and at December 31, 2025, respectively	4.0M	4.0M	2.9M	2.9M
Additional paid in capital	$712.0M	$704.0M	$513.0M	$513.0M
Accumulated other comprehensive income	$34.0M	$39.0M	$21.0M	$26.0M
Retained earnings	$673.0M	$529.0M	—	—
Treasury shares 11,292,156 at June 30, 2026 and 11,395,182 at December 31, 2025	-177.0M	-157.0M	—	—
Equity attributable to equity holders of Constellium SE	$1.2B	$1.1B	$845.0M	$780.0M
Non-controlling interests	$8.0M	$13.0M	$18.0M	$19.0M
Total equity	$1.3B	$1.1B	$863.0M	$799.0M
Total equity and liabilities	$6.1B	$5.8B	$5.4B	$5.4B

Cash flow statement

Constellium SE cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income	$275.0M	$60.0M	$129.0M	—
Depreciation and amortization	$330.0M	$304.0M	$294.0M	$287.0M
Impairment of assets	$21.0M	$24.0M	—	$0
Pension and other long-term benefits	$9.0M	$10.0M	—	—
Finance costs - net	$109.0M	$111.0M	$141.0M	$131.0M
Income tax expense	$133.0M	$75.0M	—	—
Unrealized (gains) / losses on derivatives - net and from remeasurement of monetary assets and liabilities - net	($59.0M)	$2.0M	—	—
Losses / (gains) on disposal	$4.0M	$4.0M	—	—
Other - net	$44.0M	$39.0M	$20.0M	$17.0M
Inventories	($149.0M)	($24.0M)	$194.0M	($241.0M)
Trade receivables	($203.0M)	($50.0M)	$55.0M	$155.0M
Trade payables	$168.0M	($40.0M)	($190.0M)	$41.0M
Other	$9.0M	($24.0M)	($5.0M)	$13.0M
Change in provisions	$6.0M	$2.0M	($5.0M)	($10.0M)
Pension and other long-term benefits paid	($54.0M)	($52.0M)	—	—
Interest paid	($104.0M)	($93.0M)	($123.0M)	($113.0M)
Income tax paid	($50.0M)	($47.0M)	—	—
Net cash flows from operating activities	$489.0M	$301.0M	$506.0M	$451.0M
Purchases of property, plant and equipment	($330.0M)	($413.0M)	($337.0M)	($273.0M)
Property, plant and equipment inflows	$19.0M	$12.0M	—	—
Collection of deferred purchase price receivable	$2.0M	$85.0M	—	—
Acquisition of subsidiaries net of cash acquired	$0	$3.0M	—	—
Proceeds from disposals, net of cash	($1.0M)	$0	$48.0M	$0
Other investing activities	$1.0M	$0	$0	($1.0M)
Net cash flows used in investing activities	($309.0M)	($313.0M)	($288.0M)	($270.0M)
Repurchase of ordinary shares	-115.0M	-79.0M	—	—
Proceeds from issuance of long-term debt	$0	$671.0M	—	—
Repayments of long-term debt	($6.0M)	($689.0M)	—	—
Net change in revolving credit facilities and short-term debt	($55.0M)	$54.0M	—	—
Finance lease repayments	($6.0M)	($8.0M)	—	—
Payment of financing costs and redemption fees	$0	($14.0M)	$0	($1.0M)
Transactions with non-controlling interests	($7.0M)	($5.0M)	($3.0M)	($2.0M)
Other financing activities	($26.0M)	$9.0M	($6.0M)	($3.0M)
Net cash flows used in financing activities	($215.0M)	($61.0M)	($182.0M)	—
Net decrease in cash and cash equivalents	($35.0M)	($73.0M)	—	—
Cash and cash equivalents - beginning of year	$141.0M	$223.0M	$166.0M	—
Transfer of cash and cash equivalents from / (to) assets classified as held for sale	$0	$0	$1.0M	—
Effect of exchange rate changes on cash and cash equivalents	$14.0M	($9.0M)	($1.0M)	$2.0M
Cash and cash equivalents - end of year	$120.0M	$141.0M	$202.0M	$166.0M

Constellium SE cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$344.0M	$196.0M	$162.0M	$74.0M
Depreciation and amortization	$167.0M	$83.0M	$244.0M	$160.0M
Impairment of assets	$3.0M	$4.0M	$0	$0
Pension and other long-term benefits	$7.0M	$2.0M	$7.0M	$4.0M
Finance costs - net	$56.0M	$28.0M	$83.0M	$56.0M
Income tax expense	$142.0M	$76.0M	$82.0M	$44.0M
Unrealized losses / (gains) on derivatives - net and from remeasurement of monetary assets and liabilities - net	$59.0M	($43.0M)	($38.0M)	($24.0M)
Losses on disposal	$1.0M	—	$1.0M	$1.0M
Other - net	$32.0M	$18.0M	$36.0M	$22.0M
Inventories	($495.0M)	($279.0M)	($109.0M)	($65.0M)
Trade receivables	($418.0M)	($249.0M)	($280.0M)	($261.0M)
Trade payables	$480.0M	$326.0M	$221.0M	$241.0M
Other	($24.0M)	($36.0M)	$7.0M	$5.0M
Change in provisions	($13.0M)	$2.0M	($1.0M)	($2.0M)
Pension and other long-term benefits paid	($25.0M)	($14.0M)	($44.0M)	($25.0M)
Interest paid	($50.0M)	($29.0M)	($83.0M)	($53.0M)
Income tax paid	($32.0M)	($12.0M)	($17.0M)	($5.0M)
Net cash flows from operating activities	$234.0M	$73.0M	$271.0M	$172.0M
Purchases of property, plant and equipment	($149.0M)	($72.0M)	($221.0M)	($146.0M)
Property, plant and equipment inflows	$10.0M	$4.0M	$18.0M	$12.0M
Collection of deferred purchase price receivable	$0	$0	$2.0M	$2.0M
Proceeds from disposals, net of cash	$2.0M	—	—	—
Other investing activities	$0	—	$1.0M	$1.0M
Net cash flows used in investing activities	($137.0M)	($68.0M)	($200.0M)	($131.0M)
Repurchase of ordinary shares	-48.0M	-28.0M	-75.0M	-50.0M
Repayments of long-term debt	($2.0M)	($1.0M)	($5.0M)	($3.0M)
Net change in revolving credit facilities and short-term debt	$4.0M	$50.0M	$17.0M	$28.0M
Finance lease repayments	($4.0M)	($2.0M)	($5.0M)	($3.0M)
Transactions with non-controlling interests	($6.0M)	($4.0M)	($7.0M)	($4.0M)
Other financing activities	$5.0M	$5.0M	($28.0M)	($30.0M)
Net cash flows used in financing activities	($51.0M)	$20.0M	($103.0M)	($62.0M)
Net increase / (decrease) in cash and cash equivalents	$46.0M	$25.0M	($32.0M)	($21.0M)
Cash and cash equivalents - beginning of period	$120.0M	$120.0M	$141.0M	$141.0M
Effect of exchange rate changes on cash and cash equivalents	($3.0M)	($2.0M)	$13.0M	$13.0M
Cash and cash equivalents - end of period	$163.0M	$143.0M	$122.0M	$133.0M

Constellium SE score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.