# Alcoa Corp: overview

AA · NYSE · CIK 1675149 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/aa.md) · [Financials](/companies/aa/financials.md) · [Filings](/companies/aa/filings.md) · [Insiders](/companies/aa/insiders.md)

Latest reported revenue: [$3.70bn](/filings/0001193125-26-437885.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 29, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-437885).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,486 d](/filings/0001193125-26-077167.md) | [3,369](/filings/0001193125-26-197447.md) | [3,018](/filings/0001193125-26-326265.md) | [2,995](/filings/0001193125-26-437885.md) | [3,449 d](/filings/0001193125-26-077167.md) | [3,193](/filings/0001193125-26-197447.md) | [3,966](/filings/0001193125-26-326265.md) | [3,704](/filings/0001193125-26-437885.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [5.8% d](/filings/0001193125-26-077167.md) | [16.3%](/filings/0001193125-26-197447.md) | [5.4%](/filings/0001193125-26-326265.md) | [7.7%](/filings/0001193125-26-437885.md) | [6.2% d](/filings/0001193125-26-077167.md) | [13.3%](/filings/0001193125-26-197447.md) | [10.3%](/filings/0001193125-26-326265.md) | [13.0%](/filings/0001193125-26-437885.md) |
| Diluted EPS | $ per share | not reported | [2.07](/filings/0001193125-26-197447.md) | [0.62](/filings/0001193125-26-326265.md) | [0.88](/filings/0001193125-26-437885.md) | not reported | [1.60](/filings/0001193125-26-197447.md) | [1.53](/filings/0001193125-26-326265.md) | [1.81](/filings/0001193125-26-437885.md) |
| Free cash flow | $m | [246 d](/filings/0001193125-26-077167.md) | [(18.0)](/filings/0001193125-26-197447.md) | [357 d](/filings/0001193125-26-326265.md) | [(66.0) d](/filings/0001193125-26-437885.md) | [294 d](/filings/0001193125-26-077167.md) | [(298)](/filings/0001193125-26-197447.md) | [422 d](/filings/0001193125-26-326265.md) | [472 d](/filings/0001193125-26-437885.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [12.2](/filings/0000950170-24-018069.md) | [12.5](/filings/0000950170-25-024242.md) | [10.6](/filings/0001193125-26-077167.md) | [11.9](/filings/0001193125-26-077167.md) | [12.8](/filings/0001193125-26-077167.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [3.5%](/filings/0000950170-24-018069.md) | [(1.0%)](/filings/0000950170-25-024242.md) | [(6.2%)](/filings/0001193125-26-077167.md) | [0.5%](/filings/0001193125-26-077167.md) | [9.0%](/filings/0001193125-26-077167.md) |
| Diluted EPS | $ per share | [2.26](/filings/0000950170-24-018069.md) | [(0.68)](/filings/0000950170-25-024242.md) | [(3.65)](/filings/0001193125-26-077167.md) | [0.26](/filings/0001193125-26-077167.md) | [4.37](/filings/0001193125-26-077167.md) |
| Free cash flow | $bn | [0.5](/filings/0000950170-24-018069.md) | [0.3](/filings/0000950170-25-024242.md) | [(0.4)](/filings/0001193125-26-077167.md) | [0.0](/filings/0001193125-26-077167.md) | [0.6](/filings/0001193125-26-077167.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/aa/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2017-02-14 | [Arconic Inc.](/insiders/4281.md) | Former 10% owner | Sale (S) | 23,353,000 | $38.03 | $888.1m | [Form 4](/filings/0001675149-17-000019.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.53bn | 29,315,742 |  | Added +923,109 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $886.2m | 16,996,106 |  | Added +4,143,328 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $677.6m | 12,995,948 |  | Added +351,013 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $621.8m | 11,926,055 |  | Added +149,405 |
| [EAGLE CAPITAL MANAGEMENT LLC](/funds/945631.md) | 2026-06-30 | $619.4m | 11,879,807 |  | Reduced −2,217,555 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $567.1m | 10,875,945 |  | Reduced −5,592 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $304.8m | 5,845,931 |  | Reduced −2,779,366 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $304.1m | 5,829,945 |  | Reduced −112,856 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $213.1m | 4,086,691 |  | Reduced −1,084,958 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $187.1m | 3,588,651 |  | Reduced −507,159 |

## Recent filings

[All 846 filings](/companies/aa/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 16:35 ET | [10-Q](/filings/0001193125-26-437885.md) | Quarterly report, period 2026-09-30 | 0001193125-26-437885 |
| 2026-10-15 | 16:14 ET | [8-K](/filings/0001193125-26-422891.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-422891 |
| 2026-09-23 | 16:33 ET | [8-K](/filings/0001193125-26-399499.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-399499 |
| 2026-09-11 | 08:18 ET | [8-K](/filings/0001193125-26-388649.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-388649 |
| 2026-09-10 | 19:37 ET | [8-K](/filings/0001193125-26-386787.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-386787 |
| 2026-09-09 | 08:23 ET | [8-K](/filings/0001193125-26-385947.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-385947 |
| 2026-07-30 | 16:35 ET | [10-Q](/filings/0001193125-26-326265.md) | Quarterly report, period 2026-06-30 | 0001193125-26-326265 |
| 2026-07-16 | 16:12 ET | [8-K](/filings/0001193125-26-306118.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-306118 |
| 2026-07-02 | 16:17 ET | [8-K](/filings/0000950103-26-010155.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0000950103-26-010155 |
| 2026-07-01 | 06:15 ET | [8-K](/filings/0000950103-26-009899.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000950103-26-009899 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-077167.md), filed Feb 26, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1675149
- Tickers: AA
- Exchange: NYSE
- SIC code: 3334 Primary Production of  Aluminum
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 18:58 ET. No prices; not investment advice.