---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-246940"
form_type: "8-K"
ticker: "KALU"
cik: "0000811596"
company_name: "KAISER ALUMINUM CORP"
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:54:11.997430+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kaiser Aluminum Q3 net income $40M ($2.38/diluted); raises FY2025 Adjusted EBITDA outlook

## Summary
- Net sales $844M; conversion revenue $351M; adjusted net income $31M ($1.86/diluted).
- Adjusted EBITDA $81M (23.2% margin); favorable metal price lag of ~$28M in quarter.
- Shipments 270M lbs, down 8% YoY; aero/HS segment shipments fell 30% to 41.8M lbs.
- Raises full-year 2025 Adjusted EBITDA outlook to improve 20-25% YoY.
- Net debt leverage improved to 3.6x; declared $0.77/share quarterly dividend payable Nov 14.

## SEC filing metadata
- accession: 0001193125-25-246940
- form_type: 8-K
- ticker: KALU
- cik: 0000811596
- company_name: KAISER ALUMINUM CORP
- filed_at: 2025-10-22T23:59:59+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/811596/000119312525246940/0001193125-25-246940-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811596/000119312525246940/kalu-20251022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-246940
- JSON: https://secwatch.observer/filing/0001193125-25-246940.json
- Plain text: https://secwatch.observer/filing/0001193125-25-246940.txt

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