Alcoa Corp income statement
In fiscal 2025, Alcoa Corp reported revenue of $12.83bn, up 7.9% on the year before and net income of $1.16bn, or $4.37 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.1 | 11.2 | 9.3 | 11.7 | 13.4 | 10.4 | 9.3 | 12.2 | 12.5 | 10.6 | 11.9 | 12.8 | 14.3 |
| Research and development | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 |
| Selling, general and administrative | 0.4 | 0.4 | 0.4 | 0.3 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 |
| Interest expense | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 |
| Income before tax | −0.1 | −0.3 | −0.2 | 1.2 | 1.6 | −0.4 | 0.2 | 1.2 | 0.7 | −0.6 | 0.3 | 1.1 | 1.6 |
| Income tax | 0.3 | 0.4 | 0.2 | 0.6 | 0.7 | 0.4 | 0.2 | 0.6 | 0.7 | 0.2 | 0.3 | −0.1 | 0.1 |
| Net income | −0.3 | −0.9 | −0.4 | 0.3 | 0.3 | −1.1 | −0.2 | 0.4 | −0.1 | −0.7 | 0.1 | 1.2 | 1.5 |
| Diluted EPS | — | −$4.73 | −$2.19 | $1.49 | $1.33 | −$6.07 | −$0.91 | $2.26 | −$0.68 | −$3.65 | $0.26 | $4.37 | $5.76 |
| Diluted shares (average) | 182m | 182m | 183m | 187m | 189m | 185m | 186m | 190m | 181m | 178m | 214m | 261m | 265m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,486 | 3,369 | 3,018 | 2,995 | 3,449 | 3,193 | 3,966 | 3,704 |
| Research and development | 17 | 12 | 12 | 11 | −11 | 10 | 11 | 8 |
| Selling, general and administrative | 80 | 71 | 82 | 78 | 68 | 83 | 101 | 97 |
| Interest expense | 45 | 53 | 56 | 33 | 16 | 35 | 36 | 42 |
| Income before tax | 338 | 668 | 161 | 167 | 68 | 499 | 482 | 573 |
| Income tax | 136 | 120 | 10 | −51 | −134 | 82 | 73 | 91 |
| Net income | 202 | 548 | 164 | 232 | 213 | 425 | 407 | 483 |
| Diluted EPS | $0.98 | $2.07 | $0.62 | $0.88 | $0.80 | $1.60 | $1.53 | $1.81 |
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