Ball Corporation (BALL) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and Ball Corporation published the results on November 3, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Ball Corporation reports EPS two ways: GAAP, under the accounting rules every US filer follows, and comparable diluted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Ball changed its segments and its comparable operating earnings definition in Q1 2026 and recast 2025. Plants in the former other beverage packaging segment, including India and Myanmar, are now in EMEA, and comparable net earnings now exclude all intangible amortization. The year-ago comparable EPS of $1.03 is the recast figure.
• Ball's Q3 2026 GAAP loss includes a $475 million noncash settlement charge on the buy-out of its U.K. defined benefit pension plan, completed in August 2026.

Source: Ball Corporation Q3 2026 earnings release (Form 8-K, Exhibit 99.1), November 3, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Ball Corporation splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Ball Corporation's Beverage packaging, North and Central America revenue was $2.1 billion in Q3 2026, up 26% from $1.6 billion in Q3 2025, 49% of total revenue.
• Ball Corporation's Beverage packaging, EMEA revenue was $1.3 billion in Q3 2026, up 18% from $1.1 billion in Q3 2025, 32% of total revenue.
• Ball Corporation's Beverage packaging, South America revenue was $653 million in Q3 2026, up 29% from $508 million in Q3 2025, 16% of total revenue.
• Ball Corporation's Other revenue was $144 million in Q3 2026, up 33% from $108 million in Q3 2025, 3% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Ball Corporation said:

“In 2026, expect comparable diluted earnings per share growth of 10-plus percent and free cash flow in the range of $900 million”

“on track to return at least $800 million through share buybacks and dividends to shareholders by year-end”

“We remain on track to deliver our long-term objective of 4 to 6 percent operating earnings growth while continuing to generate strong cash flow and grow EVA across the business.”

Source: Ball Corporation Q3 2026 earnings release, Nov 3, 2026.

This is the company's own guidance as of Nov 3, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the BALL forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and total diluted EPS, each as first reported in that quarter's earnings release. Comparable EPS is left out because Ball recast it under a new definition in Q1 2026.

Ball Corporation's next report is expected around February 2, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 3, 2026

Ball Corporation's net sales were $4,188 million in Q3 2026, up 23.9% from $3,379 million. Ball makes aluminum beverage cans, and its three beverage packaging segments were 96.6% of sales: North and Central America $2,060 million, EMEA $1,331 million and South America $653 million. Other, $144 million, is mainly its personal & home care business, which makes aluminum aerosol containers, bottles and slugs. (Ball Corporation Q3 2026 earnings release, Nov 3, 2026)

Higher aluminum prices drove most of Ball Corporation's sales growth, because most of its can contracts pass aluminum price changes through to customers. In North and Central America the 10-Q attributes the $422 million sales increase mainly to $402 million from price/mix, largely higher aluminum prices, and to higher volume. Global aluminum packaging shipments rose 4.7%, with segment volume up low single digits in North and Central America, mid single digits in EMEA and low double digits in South America. (Ball Corporation Q3 2026 earnings release, Nov 3, 2026; Ball Corporation Form 10-Q, Q3 2026, Nov 3, 2026; Ball Corporation Form 10-K, 2025, Feb 19, 2026)

Ball Corporation's EMEA sales rose $206 million, including $145 million from price/mix and $77 million from volume, and the segment now includes the Benepack can plants in Belgium and Hungary, in which Ball bought an 80% share in January 2026. South America sales rose $145 million, with $99 million from price/mix and $47 million from volume. Ball announced new can plants in Baruth, Germany, and in India. (Ball Corporation Q3 2026 earnings release, Nov 3, 2026; Ball Corporation Form 10-Q, Q3 2026, Nov 3, 2026)

Ball Corporation's sales are concentrated among large beverage makers. In 2025 Anheuser-Busch InBev and affiliates were 15% of consolidated net sales, Coca-Cola Bottlers' Sales & Services Company and affiliates 14%, and Red Bull 11%. U.S. sales were $6,163 million of the $13,161 million 2025 total, and Brazil $1,494 million. (Ball Corporation Form 10-K, 2025, Feb 19, 2026)

Ball Corporation reported a GAAP net loss attributable to Ball of $94 million, or $0.36 per diluted share, against earnings of $1.18 a year earlier. Business consolidation and other activities were a $482 million charge, mostly a $475 million noncash settlement charge when Ball completed the buy-out of its U.K. defined benefit pension plan, plus facility closure costs, partly offset by reversing tariff accruals after a favorable U.S. Department of Commerce ruling. The year-ago quarter included an $86 million gain on the sale of the Saudi Arabian business. (Ball Corporation Q3 2026 earnings release, Nov 3, 2026; Ball Corporation Form 10-Q, Q3 2026, Nov 3, 2026)

Ball Corporation's comparable diluted EPS rose 6.8% to $1.10 from $1.03, on comparable net earnings of $293 million against $280 million. Comparable net earnings exclude business consolidation items, intangible amortization ($37 million), unrealized gains or losses on notes linked to ORG Technology stock, and non-comparable tax items ($129 million in the quarter). Comparable operating earnings rose 2.5% to $451 million. (Ball Corporation Q3 2026 earnings release, Nov 3, 2026)

Because Ball Corporation had a GAAP loss, its diluted share count of 263,819 thousand excludes potentially dilutive securities; about 265 million shares were used for comparable EPS, against 272,891 thousand diluted shares a year earlier. Ball repurchased $272 million of stock in the first nine months of 2026, and $2.66 billion remained under its $4.00 billion authorization at September 30, 2026. (Ball Corporation Q3 2026 earnings release, Nov 3, 2026; Ball Corporation Form 10-Q, Q3 2026, Nov 3, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Ball Corporation gives annual targets in its release, not quarterly figures. For 2026 it expects comparable diluted EPS growth of 10-plus percent and free cash flow in the range of $900 million, and it says it is on track to return at least $800 million to shareholders through buybacks and dividends by year-end, after $431 million in the first nine months. Its CFO restated a long-term objective of 4 to 6 percent operating earnings growth. (Ball Corporation Q3 2026 earnings release, Nov 3, 2026)

Ball Corporation's adjusted free cash flow for the first nine months of 2026 was negative $543 million, after a $1,228 million working capital outflow and $459 million of capital expenditures, so the $900 million full-year figure depends on the fourth quarter. (Ball Corporation Q3 2026 earnings release, Nov 3, 2026)

A consensus figure is the average of the models published by the analysts who cover Ball Corporation, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Ball Corporation's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning BALL is on is BALL a buy or a sell?, what analysts expect next is on the BALL forecast, and what the company does is on the Ball Corporation (BALL) stock page.

Every number on this page can be traced to a document Ball Corporation published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.