Alcoa
Alcoa’s revenue for fiscal 2025 (year ended December 2025) was $12.8 billion, up 7.87% from fiscal 2024.
- Revenue
- +23.7%
- EPS
- +108.0%
- Free cash flow
- +854.0%
- Total debt
- +87.0%
Quarter to September 2026, against a year earlier
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Alcoa 10-Q filed Oct 29, 2026
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Jul 30, 2026: 49 added · 30 removed · 81 modified; 34 with only figures updated; 20 moved without change
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Modified · Business Update
During the
secondthird quarter of 2026, Alcoa delivered strong operationaland financialperformanceand continued to execute on its strategicwhile progressing its key strategic and operational priorities, including the announced agreement to acquire. The Company made further progress toward completing the acquisition of South32 Limited’s (South32) equity interests initscertain bauxite, alumina, and aluminum assets (referred to as AliGroup) (the Transaction) and entered into a definitive agreement for the sale of portions of its Massena East site.The CompanyAlcoa also set year-to-date production records atfourfive aluminum smelters andatone alumina refinery,progressed multiple smelter capacity restarts, and completed negotiationsincreased aluminum production fornew multi-year collective bargaining agreements in Australia,the sixth consecutive quarter, and completed theU.S., and CanadaAlumar smelter restart.