---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-306118"
form_type: "8-K"
ticker: "AA"
cik: "0001675149"
company_name: "Alcoa Corp"
filed_at: "2026-07-16T20:12:48+00:00"
generated_at: "2026-07-16T20:14:08.832061+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Alcoa Q2 2026: record revenue $4.0B, adj. EPS $2.12, announces $4.1B South32 acquisition

## Summary
- Revenue $3,966M (record), net income $407M ($1.53 EPS); adjusted net income $562M ($2.12 EPS).
- Adjusted EBITDA $901M, up 51% sequentially; cash from ops $608M, free cash flow $422M.
- Entered definitive agreement to acquire South32's bauxite, alumina, aluminum assets for ~$4.1B upfront plus up to $750M contingent.
- Alumina production down 6% sequentially to 2.2M mt due to Pinjarra refinery disruptions; aluminum production up 5% to 636K mt on restarts.
- Redeemed remaining $219M of 6.125% Senior Notes due 2028; cash balance $1.4B.

## SEC filing metadata
- accession: 0001193125-26-306118
- form_type: 8-K
- ticker: AA
- cik: 0001675149
- company_name: Alcoa Corp
- filed_at: 2026-07-16T20:12:48+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675149/000119312526306118/0001193125-26-306118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675149/000119312526306118/aa-20260716.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-306118
- JSON: https://secwatch.observer/filing/0001193125-26-306118.json
- Plain text: https://secwatch.observer/filing/0001193125-26-306118.txt

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