---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-055229"
form_type: "8-K"
ticker: "KALU"
cik: "0000811596"
company_name: "KAISER ALUMINUM CORP"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T12:30:47.963902+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kaiser Aluminum reports Q3 net income $5M, adjusted EBITDA $48M; aerospace demand strong, packaging slows

## Summary
- Net income $5M ($0.34 diluted EPS); adjusted net income $7M ($0.46 adjusted EPS).
- Conversion revenue $357M (+11% YoY); aerospace/high-strength up 72% to $134M, packaging down 9% to $118M.
- Adjusted EBITDA $48M (13.3% margin) vs $29M (8.9%) in Q3 2022; total liquidity $574M as of Sept 30.
- Q4 2023 outlook: consolidated adjusted EBITDA expected in line to slightly higher vs Q4 2022.
- Full-year 2023 capex guided at $170M-$180M, primarily for new roll coat line at Warrick facility.

## SEC filing metadata
- accession: 0000950170-23-055229
- form_type: 8-K
- ticker: KALU
- cik: 0000811596
- company_name: KAISER ALUMINUM CORP
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811596/000095017023055229/0000950170-23-055229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811596/000095017023055229/kalu-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-055229
- JSON: https://secwatch.observer/filing/0000950170-23-055229.json
- Plain text: https://secwatch.observer/filing/0000950170-23-055229.txt

## Key facts
- Earnings Releases
  KAISER ALUMINUM CORP reported third quarter 2023 results: revenue $744 million, net income $5 million, EPS $0.34 per diluted share.
  - Period: third quarter 2023
  - Revenue: $744 million
  - Net income: $5 million
  - EPS: $0.34 per diluted share
  - Result: preliminary results
  source text: reference. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Kaiser Aluminum Corporation Reports Third Quarter 2023 Financial Results Third Quarter 2023 Highlights: o Net Sales $744 Million; Conversion Revenue $357 Million o Net Income $5 Million; Net Income per Diluted Share $0.34 o Adjusted Net Income $7 Million; Adjusted Income per Diluted Share $0.46 o Adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/811596/000095017023055229/0000950170-23-055229-index.htm
- Earnings Releases
  KAISER ALUMINUM CORP reported the quarter ended September 30, 2023 results: revenue $744 million, net income $5 million, EPS $0.34.
  - Period: the quarter ended September 30, 2023
  - Revenue: $744 million
  - Net income: $5 million
  - EPS: $0.34
  - Result: preliminary results
  source text: reference. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Kaiser Aluminum Corporation Reports Third Quarter 2023 Financial Results Third Quarter 2023 Highlights: o Net Sales $744 Million; Conversion Revenue $357 Million o Net Income $5 Million; Net Income per Diluted Share $0.34 o Adjusted Net Income $7 Million; Adjusted Income per Diluted Share $0.46 o Adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/811596/000095017023055229/0000950170-23-055229-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.