Alcoa Posts $483M Q3 Profit, $3.7B Revenue; Sells Massena East Site
AA sits 17% above its 52-week low of $35.12 on elevated volume (1.8× avg).
Summary
Alcoa reported Q3 2026 revenue of $3.704B and GAAP net income of $483M ($1.81 EPS), with adjusted EBITDA of $789M and free cash flow of $472M. The company ended the quarter with $4.408B in cash and $2.6B in debt tied to the Ali acquisition. Separately, Alcoa signed a deal to sell parts of its Massena East site, closing in about six months, with $50-65M in upfront proceeds and up to $250M in contingent payments tied to data center capacity over seven years. Net income included favorable mark-to-market gains on Ma'aden shares and energy contracts. The results come as Alcoa advances its $4.1B South32 acquisition, with South32 shareholders voting October 15 on the asset sale.
At the time of this announcement, AA was trading at $41.00 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $10.7B. The 52-week trading range was $35.12 to $84.38. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.