Quarterly ResultApr 30, 2026, 04:35 PM
AA Q1 Sales $3.19B, EPS $1.61; Announces 144A Debt Redemption
AI Summary
Alcoa Corp reported Q1 2026 sales of $3.19 billion, a decrease from $3.37 billion in Q1 2025, with net income attributable to Alcoa Corporation falling to $425 million from $548 million. Basic EPS was $1.61, down from $2.08. The Aluminum segment's Adjusted EBITDA significantly increased to $694 million, while the Alumina segment recorded a loss. The company also announced the redemption of its 144A Debt on April 14, 2026.
Key Highlights
- Q1 2026 Sales: $3.19 billion, down from $3.37 billion in Q1 2025.
- Q1 2026 Net Income Attributable to Alcoa: $425 million, down from $548 million in Q1 2025.
- Q1 2026 Basic EPS: $1.61, down from $2.08 in Q1 2025.
- Aluminum Segment Adjusted EBITDA: $694 million in Q1 2026, up from $134 million in Q1 2025.
- Alumina Segment Adjusted EBITDA: $(40) million loss in Q1 2026, down from $664 million profit in Q1 2025.
- Cash used for operations: $(179) million in Q1 2026, compared to $75 million provided in Q1 2025.
- Announced redemption of 144A Debt on April 14, 2026.
- Recorded $88 million mark-to-market gain on Ma'aden shares in Q1 2026.
Price Impact
More from AA