AA
Alcoa Corporation
Alcoa (AA) Q2 2026 earnings
Published Jul 16, 2026
AI summary
- Revenue $3.97B, up 31% from $3.02B a year ago.
- Adjusted EPS $2.12 missed the $2.19 consensus by $0.07, up from $0.39 a year ago.
- Alcoa reported record quarterly revenue of $4 billion, up 24 percent sequentially.
- Net income reached $407 million, while adjusted net income rose to $562 million.
- Aluminum segment performance improved due to higher shipments and increased realized prices.
Results vs analyst consensus
Revenue
Reported
$3.97B
Consensus not captured before release
+31% YoY
Adjusted EPS
Reported · Adjusted earnings per common share
$2.12
Consensus $2.19
Missed by $0.07GAAP EPS: $1.53
Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.
Next quarter outlook
No guidance in this release.
What to watch
- Alumina production fell 6 percent sequentially due to refinery instability and gas supply disruptions.
- Results were impacted by mark-to-market losses on Ma'aden shares and energy contracts.
- Higher production costs in the Alumina segment and increased tariff costs pressured margins.
Read original report
Source: Alcoa Corporation press release · SEC Form 8-K exhibit 99.1