Alcoa 2025 net income rises to $1.2 billion as aluminum prices lift results
Alcoa reported fourth quarter and full year 2025 results on January 22, 2026. Full year net income attributable to Alcoa was $1.2 billion, or $4.42 per diluted share, compared with $60 million, or $0.26 per share, in 2024, and revenue rose 8 percent to $12.8 billion. For shareholders, the company also guided to higher 2026 alumina and aluminum production, though it expects first quarter 2026 segment EBITDA to fall sequentially.
Key points
- Full year 2025 revenue of $12.8 billion, up from $11.895 billion in 2024, with net income of $1.170 billion attributable to Alcoa
- Fourth quarter 2025 net income of $226 million, or $0.85 per diluted share, versus $232 million, or $0.88, in the third quarter
- 2026 outlook: Alumina production of 9.7 to 9.9 million metric tons and Aluminum production of 2.4 to 2.6 million metric tons
- First quarter 2026 expected sequential EBITDA headwinds of $30 million in Alumina and $70 million in Aluminum
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 January 22, 2026.
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.