Kaiser Aluminum Corp income statement
In fiscal 2025, Kaiser Aluminum Corp reported revenue of $3.37bn, up 11.5% on the year before, operating income of $189m (a 5.6% margin) and net income of $113m, or $6.77 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 | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 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 | 987 | 1,079 | 1,301 | 1,360 | 1,298 | 1,356 | 1,392 | 1,331 | 1,398 | 1,586 | 1,514 | 1,173 | 2,622 | 3,428 | 3,087 | 3,024 | 3,373 | 4,507 |
| Cost of revenue | — | — | — | — | — | — | — | 1,001 | 1,086 | 1,301 | 1,215 | 941 | 2,348 | 3,180 | 2,728 | 2,667 | 2,931 | 3,905 |
| Gross profit | — | — | — | — | — | — | — | 330 | 312 | 285 | 299 | 231 | 274 | 248 | 359 | 357 | 442 | 602 |
| Research and development | 4 | 5 | 6 | 6 | 8 | 9 | 10 | 10 | 10 | 10 | 11 | 9 | 9 | 9 | 11 | 12 | 11 | — |
| Operating income | 119 | 41 | 55 | 166 | 173 | 138 | −346 | 181 | 155 | 144 | 126 | 81 | 64 | 4 | 123 | 112 | 189 | 347 |
| Interest expense | 0 | 12 | 18 | 29 | 36 | 38 | 24 | 20 | 22 | 23 | 25 | 41 | 50 | 48 | 47 | 44 | 50 | 57 |
| Net interest income | — | — | −18 | −29 | −36 | −38 | −24 | −20 | −22 | −23 | −25 | — | — | — | — | — | — | — |
| Income before tax | 119 | 25 | 41 | 140 | 143 | 107 | −372 | 147 | 133 | 120 | 80 | 39 | −24 | −38 | 83 | 88 | 150 | 292 |
| Income tax | 48 | 13 | 16 | 54 | 38 | 35 | −135 | 56 | 88 | 28 | 18 | 10 | −6 | −8 | 15 | 22 | 38 | 74 |
| Net income | 71 | 12 | 25 | 86 | 105 | 72 | −237 | 92 | 45 | 92 | 62 | 29 | −19 | −30 | 68 | 66 | 113 | 219 |
| Diluted EPS | $3.51 | $0.61 | $1.32 | $4.45 | $5.44 | $3.86 | −$13.76 | $5.09 | $2.63 | $5.43 | $3.83 | $1.81 | −$1.17 | −$1.86 | $4.21 | $4.02 | $6.77 | $12.92 |
| Diluted shares (average) | 20m | 19m | 19m | 19m | 19m | 19m | 17m | 18m | 17m | 17m | 16m | 16m | 16m | 16m | 16m | 16m | 17m | 17m |
| EBITDA | 135 | 61 | 80 | 192 | 201 | 169 | −314 | 217 | 195 | 188 | 175 | 133 | 156 | 111 | 231 | 229 | 311 | 466 |
| 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 | 765 | 777 | 823 | 844 | 929 | 1,107 | 1,257 | 1,215 |
| Cost of revenue | 670 | 673 | 723 | 729 | 806 | 943 | 1,058 | 1,099 |
| Gross profit | 96 | 104 | 100 | 115 | 123 | 164 | 199 | 116 |
| Operating income | 39 | 41 | 38 | 49 | 61 | 98 | 134 | 55 |
| Interest expense | 10 | 11 | 13 | 12 | 14 | 14 | 15 | 14 |
| Income before tax | 29 | 29 | 30 | 48 | 44 | 82 | 126 | 40 |
| Income tax | 9 | 7 | 7 | 8 | 15 | 20 | 30 | 9 |
| Net income | 20 | 22 | 23 | 40 | 28 | 63 | 97 | 31 |
| Diluted EPS | $1.21 | $1.31 | $1.41 | $2.38 | $1.67 | $3.71 | $5.72 | $1.84 |
| EBITDA | 68 | 71 | 68 | 81 | 92 | 128 | 163 | 83 |
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