Alcoa Corporation (AA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 3.19B | 3.45B | 3B | 3.02B | 3.37B | 3.98B | 2.83B | 2.83B | 2.65B | 2.6B | 2.65B | 2.72B | 2.74B | 2.7B | 2.89B | 3.77B | 3.4B | 3.43B | 3.19B | 2.9B |
| Revenue Growth % | -5.22% | -13.28% | 5.83% | 6.61% | 27.04% | 53.2% | 6.63% | 4.08% | -3.07% | -3.85% | -8.04% | -27.91% | -19.6% | -21.35% | -9.56% | 29.97% | 16.94% | 41.57% | 33.57% | 34.65% |
| Cost of Goods Sold | 2.51B | 2.87B | 2.69B | 2.65B | 2.44B | 2.87B | 2.48B | 2.62B | 2.56B | 2.59B | 2.63B | 2.67B | 2.58B | 2.74B | 2.82B | 2.93B | 2.34B | 2.55B | 2.48B | 2.32B |
| COGS % of Revenue | 78.67% | 83.3% | 89.98% | 87.87% | 72.37% | 72.24% | 87.6% | 92.58% | 96.72% | 99.69% | 99.17% | 98.09% | 94.19% | 101.59% | 97.61% | 77.6% | 68.79% | 74.22% | 77.75% | 79.95% |
| Gross Profit | 681M | 576M | 300M | 366M | 931M | 1.1B | 351M | 210M | 87M | 8M | 22M | 52M | 159M | -43M | 69M | 845M | 1.06B | 885M | 710M | 582M |
| Gross Margin % | 21.33% | 16.7% | 10.02% | 12.13% | 27.63% | 27.76% | 12.4% | 7.42% | 3.28% | 0.31% | 0.83% | 1.91% | 5.81% | -1.59% | 2.39% | 22.4% | 31.21% | 25.78% | 22.25% | 20.05% |
| Gross Profit Growth % | -26.85% | -47.83% | -14.53% | 74.29% | 970.11% | 13700% | 1495.45% | 303.85% | -45.28% | 118.6% | -68.12% | -93.85% | -85.03% | -104.86% | -90.28% | 45.19% | 138.65% | 209.44% | 267.88% | 665.79% |
| Operating Expenses | 255M | 688M | 249M | 247M | 231M | 97M | 82M | 82M | 71M | 78M | 65M | 58M | 64M | 73M | 51M | 59M | 53M | 78M | 61M | 60M |
| OpEx % of Revenue | 7.99% | 19.95% | 8.31% | 8.18% | 6.86% | 2.44% | 2.9% | 2.9% | 2.68% | 3% | 2.45% | 2.13% | 2.34% | 2.7% | 1.77% | 1.56% | 1.56% | 2.27% | 1.91% | 2.07% |
| Selling, General & Admin | 83M | 68M | 78M | 82M | 71M | 80M | 66M | 69M | 60M | 64M | 56M | 52M | 54M | 64M | 44M | 52M | 44M | 68M | 53M | 54M |
| SG&A % of Revenue | 2.6% | 1.97% | 2.6% | 2.72% | 2.11% | 2.01% | 2.33% | 2.44% | 2.26% | 2.47% | 2.11% | 1.91% | 1.97% | 2.37% | 1.52% | 1.38% | 1.29% | 1.98% | 1.66% | 1.86% |
| Research & Development | 10M | -11M | 11M | 12M | 12M | 17M | 16M | 13M | 11M | 14M | 9M | 6M | 10M | 9M | 7M | 7M | 9M | 10M | 8M | 6M |
| R&D % of Revenue | 0.31% | -0.32% | 0.37% | 0.4% | 0.36% | 0.43% | 0.57% | 0.46% | 0.41% | 0.54% | 0.34% | 0.22% | 0.37% | 0.33% | 0.24% | 0.19% | 0.26% | 0.29% | 0.25% | 0.21% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 426M | -112M | 51M | 119M | 700M | 1.01B | 269M | 128M | 16M | -70M | -43M | -6M | 95M | -116M | 18M | 786M | 1.01B | 807M | 649M | 522M |
| Operating Margin % | 13.34% | -3.25% | 1.7% | 3.94% | 20.78% | 25.32% | 9.51% | 4.52% | 0.6% | -2.7% | -1.62% | -0.22% | 3.47% | -4.3% | 0.62% | 20.83% | 29.65% | 23.51% | 20.34% | 17.98% |
| Operating Income Growth % | -39.14% | -111.12% | -81.04% | -7.03% | 4275% | 1538.57% | 725.58% | 2233.33% | -83.16% | 39.66% | -338.89% | -100.76% | -90.58% | -114.37% | -97.23% | 50.57% | 156.74% | 263.51% | 363.57% | 1833.33% |
| EBITDA | 588M | 50M | 211M | 272M | 848M | 1.17B | 428M | 291M | 177M | 93M | 120M | 147M | 248M | 31M | 167M | 947M | 1.17B | 972M | 805M | 683M |
| EBITDA Margin % | 18.42% | 1.45% | 7.05% | 9.01% | 25.17% | 29.32% | 15.12% | 10.28% | 6.67% | 3.58% | 4.52% | 5.4% | 9.06% | 1.15% | 5.79% | 25.1% | 34.35% | 28.31% | 25.23% | 23.53% |
| EBITDA Growth % | -30.66% | -95.71% | -50.7% | -6.53% | 379.1% | 1153.76% | 256.67% | 97.96% | -28.63% | 200% | -28.14% | -84.48% | -78.79% | -96.81% | -79.25% | 38.65% | 103.3% | 147.96% | 167.44% | 281.56% |
| D&A (Non-Cash Add-back) | 162M | 162M | 160M | 153M | 148M | 159M | 159M | 163M | 161M | 163M | 163M | 153M | 153M | 147M | 149M | 161M | 160M | 165M | 156M | 161M |
| EBIT | 534M | 84M | 200M | 217M | 721M | 383M | 228M | 132M | -298M | -49M | -202M | -72M | -154M | -193M | -704M | 938M | 788M | -43M | 555M | 528M |
| Net Interest Income | -35M | -16M | -33M | -56M | -53M | -45M | -44M | -40M | -27M | -28M | -26M | -27M | -26M | -26M | -25M | -30M | -25M | -28M | -58M | -67M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 35M | 16M | 33M | 56M | 53M | 45M | 44M | 40M | 27M | 28M | 26M | 27M | 26M | 26M | 25M | 30M | 25M | 28M | 58M | 67M |
| Other Income/Expense | 73M | 180M | 116M | 42M | -32M | -669M | -85M | -36M | -341M | -7M | -185M | -93M | -275M | -103M | -747M | 122M | -246M | -878M | -152M | -61M |
| Pretax Income | 499M | 68M | 167M | 161M | 668M | 338M | 184M | 92M | -325M | -77M | -228M | -99M | -180M | -219M | -729M | 908M | 763M | -71M | 497M | 461M |
| Pretax Margin % | 15.63% | 1.97% | 5.58% | 5.33% | 19.83% | 8.5% | 6.5% | 3.25% | -12.25% | -2.97% | -8.59% | -3.64% | -6.58% | -8.11% | -25.26% | 24.07% | 22.42% | -2.07% | 15.58% | 15.88% |
| Income Tax | 82M | -134M | -51M | 10M | 120M | 136M | 86M | 61M | -18M | 150M | -35M | 22M | 52M | 180M | 40M | 234M | 210M | 298M | 127M | 111M |
| Effective Tax Rate % | 16.43% | -197.06% | -30.54% | 6.21% | 17.96% | 40.24% | 46.74% | 66.3% | 5.54% | -194.81% | 15.35% | -22.22% | -28.89% | -82.19% | -5.49% | 25.77% | 27.52% | -419.72% | 25.55% | 24.08% |
| Net Income | 425M | 213M | 232M | 164M | 548M | 202M | 90M | 20M | -252M | -150M | -168M | -102M | -231M | -374M | -746M | 549M | 469M | -392M | 337M | 309M |
| Net Margin % | 13.31% | 6.18% | 7.75% | 5.43% | 16.27% | 5.08% | 3.18% | 0.71% | -9.5% | -5.78% | -6.33% | -3.75% | -8.44% | -13.85% | -25.85% | 14.55% | 13.78% | -11.42% | 10.56% | 10.64% |
| Net Income Growth % | -22.45% | 5.45% | 157.78% | 720% | 317.46% | 234.67% | 153.57% | 119.61% | -9.09% | 59.89% | 77.48% | -118.58% | -149.25% | 4.59% | -321.37% | 77.67% | 168% | -9700% | 787.76% | 256.85% |
| Net Income (Continuing) | 417M | 202M | 218M | 151M | 548M | 202M | 98M | 31M | -307M | -227M | -193M | -121M | -232M | -399M | -769M | 674M | 553M | -369M | 370M | 350M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 65M | 76M | 86M | 100M | 0 | 0 | 0 | 1.52B | 1.54B | 1.59B | 1.58B | 1.62B | 1.61B | 1.51B | 1.52B | 1.63B | 1.68B | 1.61B | 1.58B | 1.65B |
| EPS (Diluted) | 1.60 | 0.87 | 0.89 | 0.63 | 2.07 | 0.76 | 0.38 | 0.11 | -1.41 | -0.84 | -0.94 | -0.57 | -1.30 | -2.12 | -4.17 | 2.95 | 2.49 | -2.11 | 1.76 | 1.63 |
| EPS Growth % | -22.71% | 14.47% | 134.21% | 472.73% | 246.81% | 190.48% | 140.43% | 119.3% | -8.46% | 60.38% | 77.46% | -119.32% | -152.21% | -0.47% | -336.93% | 80.98% | 167.74% | -10450% | 776.92% | 253.77% |
| EPS (Basic) | 1.61 | 0.87 | 0.90 | 0.63 | 2.08 | 0.77 | 0.39 | 0.11 | -1.41 | -0.84 | -0.94 | -0.57 | -1.30 | -2.12 | -4.17 | 3.01 | 2.54 | -2.11 | 1.80 | 1.66 |
| Diluted Shares Outstanding | 265.69M | 263.3M | 258.86M | 260.34M | 259M | 258.36M | 233.59M | 181M | 179.29M | 178.47M | 178M | 178M | 178M | 176.95M | 179M | 186M | 188M | 185.66M | 191M | 190M |
| Basic Shares Outstanding | 263.65M | 260.93M | 258.86M | 258.9M | 259M | 258.36M | 233.59M | 180M | 179.29M | 178.47M | 178M | 178M | 178M | 176.95M | 178.9M | 182M | 184M | 183M | 187M | 187M |
| Dividend Payout Ratio | 6.35% | 12.21% | 10.78% | 16.46% | 4.74% | 12.87% | 28.89% | 90% | - | - | - | - | - | - | - | 3.46% | 3.84% | - | - | - |