Net operating revenues increased 12% to $12.47 billion compared to $11.13 billion in Q1 2025. Net income attributable to shareowners rose to $3.92 billion, or $0.91 per diluted share, up from $3.33 billion, or $0.77 per diluted share, in the prior year period. Operating income grew 19% to $4.36 billion, driven by an 8% increase in concentrate sales volume and favorable price/mix. Gross profit margin improved to 63.0% from 62.6% in the same period last year. The company repurchased 4.9 million shares of common stock for $361 million during the quarter.