---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-054726"
form_type: "8-K"
ticker: "AA"
cik: "0001675149"
company_name: "Alcoa Corp"
filed_at: "2025-04-16T23:59:59+00:00"
generated_at: "2026-05-23T13:27:11.185215+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Alcoa Q1 net income $548M; adjusted EBITDA $855M; debt repositioning & JV signed

## Summary
- Net income $548M ($2.07 EPS) vs $202M in Q4 2024; adjusted net income $568M ($2.15 EPS).
- Revenue $3.37B, down 3% sequentially; alumina shipments down 8%, aluminum shipments down 5%.
- Adjusted EBITDA ex-special items $855M, up 26% sequentially, driven by higher aluminum prices.
- Incurred $20M in U.S. Section 232 tariffs on Canadian aluminum imports; actively engaging policymakers.
- Completed $1B notes issuance (6.125%-6.375% due 2030/32) and tendered $890M of existing debt.

## SEC filing metadata
- accession: 0000950170-25-054726
- form_type: 8-K
- ticker: AA
- cik: 0001675149
- company_name: Alcoa Corp
- filed_at: 2025-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675149/000095017025054726/0000950170-25-054726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675149/000095017025054726/aa-20250416.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-054726
- JSON: https://secwatch.observer/filing/0000950170-25-054726.json
- Plain text: https://secwatch.observer/filing/0000950170-25-054726.txt

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