AAAlcoa Corporation
The financials
Alcoa Corporation by the numbers
Alcoa Corporation (AA) reported revenue of $3.70B in Q3 2026 (quarter ended Sep 30, 2026), up 24% from the same quarter a year earlier. That came with a gross margin of 24% and net income of $483M (13% of revenue). For the full year FY2025, revenue was $12.8B (+7.9% year on year) and net income $1.16B. Its largest product in Q2 2026 (quarter ended Jun 30, 2026) was Aluminum at $3.45B, 84% of the disclosed total, well ahead of Alumina at 13%. The next results filing is expected around Jan 21, 2027, the same week as a year ago.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $3.70B | $3.00B | +24% |
| Gross profit | $882M | $300M | +194% |
| Net income | $483M | $232M | +108% |
| Diluted EPS | $1.81 | $0.88 | +106% |
| Product | Revenue | Share |
|---|---|---|
| Aluminum | $3.45B | 84% |
| Alumina | $538M | 13% |
| Bauxite | $76M | 1.8% |
| Energy | $52M | 1.3% |
Over its last three fiscal years Alcoa Corporation booked income tax of 51.9% of its pretax profit, 87.5% once deferred tax is taken out, above the 21.3% median for US companies in our tax study.
Business segments
Revenue split by product segment, from SEC XBRL filings.
- Aluminum$3.45B$3.45Bvs last quarter +33%vs a year ago +73%+33%+73%
- Alumina$538.0M$538.0Mvs last quarter +3.3%vs a year ago -35%+3.3%-35%
- Bauxite$76.0M$76.0Mvs last quarter -36%vs a year ago -63%-36%-63%
- Energy$52.0M$52.0Mvs last quarter -32%vs a year ago +37%-32%+37%
- Other Products−$146.0M−$146.0Mvs last quarter n/avs a year ago n/an/an/a
Basic Materials
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