--- title: "Ball | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 3.997 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/294818078.md" datetime: "2026-08-04T11:45:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294818078.md) - [en](https://longbridge.com/en/news/294818078.md) - [zh-HK](https://longbridge.com/zh-HK/news/294818078.md) generator: "portal-rs" --- # Ball | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 3.997 B Revenue: As of FY2026 Q2, the actual value is USD 3.997 B, beating the estimate of USD 3.685 B. EPS: As of FY2026 Q2, the actual value is USD 0.83, missing the estimate of USD 0.8833. EBIT: As of FY2026 Q2, the actual value is USD 347 M. ### Overall Financial Performance (Second Quarter 2026 vs. 2025) - Net Earnings Attributable to Ball Corporation were $221 million in Q2 2026, up from $212 million in Q2 2025. - Comparable Operating Earnings reached $433 million in Q2 2026, marking a 7.7% increase from $402 million in Q2 2025. - Global Aluminum Packaging Shipments increased by 4.3% in the second quarter of 2026. ### Segment Revenue and Operating Earnings (Second Quarter 2026 vs. 2025) #### Beverage Packaging, North and Central America - Sales were $2.00 billion in Q2 2026, compared to $1.61 billion in Q2 2025, driven by higher volume and favorable price/mix due to higher aluminum prices. - Comparable Operating Earnings were $207 million in Q2 2026, a decrease from $212 million in Q2 2025, primarily due to higher costs from increased volumes, operating costs, and plant start-up costs, partially offset by favorable price/mix including metal pass-through timing. - Segment volume increased by a low-single digit percentage year-over-year. #### Beverage Packaging, EMEA - Sales reached $1.24 billion in Q2 2026, up from $1.12 billion in Q2 2025, reflecting higher year-over-year shipments and favorable price/mix. - Comparable Operating Earnings were $162 million in Q2 2026, an increase from $152 million in Q2 2025, driven by higher volume and favorable price/mix, partially offset by higher costs. - Segment volume increased by a mid-single digit percentage year-over-year, including results from the acquired Benepack business and facility realignments. #### Beverage Packaging, South America - Sales were $591 million in Q2 2026, compared to $477 million in Q2 2025, reflecting higher volume and favorable price/mix, primarily due to higher aluminum prices. - Comparable Operating Earnings were $82 million in Q2 2026, significantly higher than $50 million in Q2 2025, driven by increased volumes and favorable price/mix. - Segment volume increased by a mid-teen percentage year-over-year. #### Non-reportable - Second quarter results reflect higher year-over-year undistributed corporate expenses. ### Cash Flow (Six Months Ended June 30, 2026 vs. 2025) - Cash provided by operating activities was - $169 million for the six months ended June 30, 2026, an improvement from - $333 million in the same period of 2025. - Capital expenditures were - $302 million for the six months ended June 30, 2026, compared to - $177 million in the prior year period. - Free Cash Flow was - $471 million for the six months ended June 30, 2026. - Adjusted Free Cash Flow was - $575 million for the six months ended June 30, 2026. ### Other Key Financial Metrics (Six Months Ended June 30, 2026 vs. 2025) - Net Earnings Attributable to Ball Corporation were $426 million for the six months ended June 30, 2026, up from $391 million in the prior year period. - Comparable Net Earnings were $527 million for the six months ended June 30, 2026, compared to $470 million in the same period of 2025. - Ball Corporation returned $222 million to shareholders via share repurchases and dividends in the first six months of 2026. ### Balance Sheet Metrics (June 30, 2026) - Total Debt at period end was $7,220 million. - Cash and cash equivalents were $491 million. - Net Debt stood at $6,729 million. - Interest Coverage for the year ended June 30, 2026, was 6.65x. - Leverage for the year ended June 30, 2026, was 3.16x. ### Outlook Ball Corporation anticipates comparable diluted earnings per share growth of 10-plus percent and free cash flow greater than $900 million in 2026. The company is on track to return at least $800 million to shareholders through share buybacks and dividends by year-end 2026. Its strategy focuses on long-term value creation, disciplined execution, and leveraging its resilient business model to capitalize on the growth of aluminum packaging. ### Related Stocks - [BALL.US](https://longbridge.com/en/quote/BALL.US.md) ## Related News & Research - [Ball SVP, President EMEA Mandy Glew disposes of 5,626 common shares for $358,737.87](https://longbridge.com/en/news/297091465.md) - [Aberdeen Group plc Has $21.11 Million Position in Ball Corporation $BALL](https://longbridge.com/en/news/295995266.md) - [Michael Burry Warns of a Private Credit 'Shell Game' That Could Leave Taxpayers on the Hook: APO, KKR, OWL In Focus](https://longbridge.com/en/news/297885152.md) - [Koppers CEO Leroy Ball disposes of 4,000 common shares worth $183,840](https://longbridge.com/en/news/297694740.md) - [From Bitcoin to Ball Clubs: Sono Group Stock Soars on Sports One Merger Plan](https://longbridge.com/en/news/297681410.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**