Alcoa financials
$41.97−0.66%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.97B | $3.19B | $3.45B | $3.00B | $3.02B | $3.37B | $3.49B | $2.90B | $2.91B | $2.60B | $2.60B | $2.60B |
| Gross profit | $999.0M | $681.0M | $576.0M | $300.0M | $366.0M | $931.0M | $772.0M | $511.0M | $373.0M | $195.0M | $170.0M | $133.0M |
| Gross margin | 25.2% | 21.3% | 16.7% | 10.0% | 12.1% | 27.6% | 22.1% | 17.6% | 12.8% | 7.5% | 6.6% | 5.1% |
| Operating income | $718.0M | $408.0M | $199.0M | -$834.0M | $105.0M | $695.0M | $425.0M | $240.0M | $110.0M | -$239.0M | -$255.0M | -$95.0M |
| Net income | $407.0M | $425.0M | $213.0M | $232.0M | $164.0M | $548.0M | $202.0M | $90.0M | $20.0M | -$252.0M | -$150.0M | -$168.0M |
| Net margin | 10.3% | 13.3% | 6.2% | 7.7% | 5.4% | 16.3% | 5.8% | 3.1% | 0.7% | −9.7% | −5.8% | −6.5% |
| Diluted EPS | $1.53 | $1.60 | $0.81 | $0.88 | $0.62 | $2.07 | $0.77 | $0.38 | $0.11 | $-1.41 | $-0.84 | $-0.94 |
| EBITDA | $887.0M | $588.0M | $519.0M | $211.0M | $272.0M | $848.0M | $675.0M | $429.0M | $291.0M | $124.0M | -$71.0M | $68.0M |
| Operating cash flow | $608.0M | -$179.0M | $537.0M | $85.0M | $488.0M | $75.0M | $415.0M | $143.0M | $287.0M | -$223.0M | $198.0M | $69.0M |
| Free cash flow | $422.0M | -$298.0M | $294.0M | -$66.0M | $357.0M | -$18.0M | $246.0M | -$3.0M | $123.0M | -$324.0M | $10.0M | -$76.0M |
| Diluted shares | 266.0M | 266.0M | 263.0M | 261.0M | 260.0M | 260.0M | 262.3M | 234.0M | 181.0M | 178.7M | 178.0M | 178.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.35B | $1.35B | $1.60B | $1.49B | $1.51B | $1.20B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $2.23B | $2.44B | $2.44B | $2.58B | $2.65B | $2.65B |
| Total assets | $16.85B | $16.64B | $16.13B | $15.97B | $14.99B | $14.57B |
| Total liabilities | $9.42B | $9.75B | $9.94B | $9.54B | $8.76B | $8.66B |
| Shareholders' equity | $7.37B | $6.83B | $6.12B | $6.34B | $6.13B | $5.82B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology