Alcoa Corporation (AA)
The company now
Alcoa reported third-quarter 2026 revenue of $3.7 billion and net income attributable to the company of $483 million, or $1.81 per share, on 15 October 2026 2.
Revenue fell 7 percent from the second quarter, because a 9 percent drop in the Aluminum segment outweighed a 7 percent rise in the Alumina segment 2.
Cash from operations was $643 million, and the company ended the quarter with $4.4 billion of cash, including $2.6 billion of financing obtained to buy South32 interests 2.
The open question is whether the South32 purchase closes: South32 shareholders approved it on 15 October 2026, and Alcoa expects to close in the first half of 2027 2.
The deal adds South32 mines, refineries and smelters in Australia, Brazil and South Africa for an upfront consideration of about $4.1 billion in cash and stock 4.
Alcoa also agreed to sell parts of its Massena East site in New York, and expects about $50 million to $65 million at closing 2.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.