Alcoa Q1 profit rises to $548 million, or $2.07 a share, as revenue dips 3%
Alcoa reported first quarter 2025 net income attributable to the company of $548 million, or $2.07 per common share, up from $202 million in the fourth quarter of 2024 and a $252 million loss a year earlier. Revenue fell 3 percent sequentially to $3.4 billion, as higher aluminum prices offset lower shipments and tariff costs. The company also expects second quarter aluminum costs from U.S. tariffs and San Ciprián smelter restart work to weigh on results.
Key points
- Adjusted EBITDA excluding special items rose to $855 million from $677 million in the fourth quarter of 2024.
- Cash ended the quarter at $1.2 billion after Alcoa issued $1 billion of notes in Australia and tendered $890 million of existing debt.
- For the second quarter, the Aluminum segment expects $90 million of tariff impacts on Canadian imports and $15 million of San Ciprián restart costs, partly offset by $165 million of favorable alumina costs.
- Alcoa formed a joint venture with IGNIS Equity Holdings, SL, in which Alcoa owns a 75 percent interest and continues as managing operator of the San Ciprián complex.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 16, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.