The financials
Alcoa Corporation by the numbers
Alcoa Corporation (AA) reported revenue of $3.97B in Q2 2026 (quarter ended June 30, 2026), up 31% from the same quarter a year earlier. That came with a gross margin of 25% and net income of $407M (10% 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 2026-Q1 was Aluminum at $2.58B, 78% of the disclosed total, just ahead of Alumina at 16%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $3.97B | $3.02B | +31% |
| Gross profit | $999M | $366M | +173% |
| Net income | $407M | $164M | +148% |
| Diluted EPS | $1.53 | $0.62 | +147% |
| Product | Revenue | Share |
|---|---|---|
| Aluminum | $2.58B | 78% |
| Alumina | $521M | 16% |
| Bauxite | $118M | 3.6% |
| Energy | $77M | 2.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $3.19B (+1.4%)
Energy grew +133% year on yearAlumina -57% year on year
Segment Latestquarter on quarteryear on year
- Aluminum$2.58B$2.58BQoQ +25%year on year +32%+25%+32%
- Alumina$521.0M$521.0MQoQ -37%year on year -57%-37%-57%
- Bauxite$118.0M$118.0MQoQ +5.4%year on year -51%+5.4%-51%
- Energy$77.0M$77.0MQoQ +35%year on year +133%+35%+133%
- Mining--QoQ -year on year ---
- Other Products−$105.0M−$105.0MQoQ -year on year ---