Every 10-Q that Alcoa Corporation (AA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AA filings page.
Alcoa Corporation reported stronger results for the second quarter of 2026, with sales of $3,966M versus $3,018M a year earlier and net income attributable to Alcoa of $407M versus $164M. Diluted EPS was $1.53 compared with $0.62. For the first half of 2026, sales were $7,159M and net income attributable to Alcoa was $832M.
At June 30, 2026, Alcoa held $1,352M in cash and cash equivalents, total assets of $16,853M, long-term debt of $2,224M, and total equity of $7,370M. Cash provided from operations was $429M for the first six months, with capital expenditures of $305M. As of July 27, 2026, 263,909,445 common shares were outstanding.
Alcoa agreed to acquire South32’s AliGroup assets for $3,100M in cash plus approximately 17 million Alcoa shares (valued at about $1,000M) and up to $750M in contingent payments, with a 5% per annum ticking fee on the cash portion. The deal, expected to close in the first half of 2027, is supported by $3,100M of bridge financing commitments, which the company plans to refinance with permanent funding. Alcoa also advanced portfolio actions including a gallium joint venture in Australia and steps to regain full ownership of the San Ciprián operations.
Alcoa Corporation reported lower year-over-year earnings in the first quarter of 2026 as weaker alumina pricing offset stronger aluminum markets. Sales were $3,193 million versus $3,369 million a year earlier, with net income attributable to Alcoa at $425 million compared with $548 million. Diluted earnings per share were $1.60, down from $2.07.
Operating cash flow was negative at $(179) million, driven by working capital outflows, while cash, cash equivalents and restricted cash totaled $1,447 million at March 31, 2026. Aluminum pricing improved, but alumina prices and bauxite offtake volumes declined sharply, pressuring the Alumina segment, which posted negative Segment Adjusted EBITDA.
Results benefited from a mark-to-market gain of $88 million on Alcoa’s Ma’aden equity stake and favorable derivative and currency impacts, partially offset by higher restructuring charges and tariffs on U.S. aluminum imports from Canada. The company also carried environmental remediation reserves of $283 million and derivative liabilities of $1,248 million, reflecting long-term power and hedging contracts.
Alcoa Corporation reported third-quarter results showing higher sales and a sharp jump in profitability. Sales were $2.995 billion, up from $2.904 billion a year ago. Net income attributable to Alcoa rose to $232 million, or $0.88 per diluted share, from $90 million, or $0.38, last year. Results reflect two large items: an $856 million charge tied to the permanent closure of the Kwinana alumina refinery, and sizable gains recognized in other income.
Alcoa completed the sale of its 25.1% stake in the Saudi Arabia joint venture, recording a $786 million gain, and booked a $267 million mark‑to‑market gain on Ma’aden shares received as part of the consideration. The Kwinana closure also included a $39 million inventory write‑down. Segment Adjusted EBITDA was $374 million, with Aluminum at $307 million and Alumina at $67 million. For the first nine months, sales reached $9.382 billion and net income attributable to Alcoa was $944 million.
Cash provided from operations for the nine months was $648 million. Cash and cash equivalents were $1.485 billion at September 30, 2025. The company expects approximately $600 million of cash outlays over six years related to Kwinana closure activities. Common shares outstanding were 258,964,032 as of October 23, 2025.