secwatch.observer — SEC 8-K summary
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Issuer:     Alcoa Corp (AA)
CIK:        0001675149
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001193125-26-159018
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alcoa Q1 net income $425M, adjusted EPS $1.40; redeems $219M notes
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- Revenue $3.2B, net income $425M ($1.60 EPS); adjusted EPS $1.40 vs $2.15 YoY.
- Adjusted EBITDA $595M, up $68M sequentially on higher aluminum prices.
- Cash $1.4B; redeemed $219M of 6.125% notes due 2028 on May 15, 2026.
- San Ciprián smelter restart completed safely in April 2026.
- Alumina shipments down 31% sequentially due to Middle East conflict and Cyclone Narelle.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1675149/000119312526159018/0001193125-26-159018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1675149/000119312526159018/aa-20260416.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-159018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer