Alcoa Q4 2025 revenue $3.45B, net income $226M; FY25 net income $1.17B vs $60M prior year

Alcoa Corp

2025-FY EPS reported $4.37 vs consensus $0.94 ▲ beat (+363.5%)

Q4 revenue $3.45B (+15% sequentially); net income $226M ($0.85/sh); adjusted net income $335M ($1.26/sh).
FY25 revenue $12.8B (+8% YoY); net income $1.17B ($4.42/sh) vs $60M in FY24.
Q4 adjusted EBITDA ex-specials $546M (+$276M seq); FY25 $1.98B (+25% YoY).
Operating cash flow $1.2B; free cash flow $567M; redeemed $141M 2027 notes; cash balance $1.6B.
Set production records at five smelters, one refinery; closed Ma'aden JV sale; submitted WA EPA mine plan responses.

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