Revenue Performance: Revenues dropped to $3.018 billion, down 10.42% quarter-over-quarter, though up 3.85% year-over-year, signaling potential market fluctuations.
Profitability: The gross profit margin decreased to 12.13%, down from the previous year's 14.01%, indicating reduced pricing power amid increasing costs.
Operating income was $161 million, down 77% from Q1 2025.
Net income surged to $164 million, with EPS at $0.63, signaling improved bottom-line management despite revenue challenges.
Balance Sheet Health: Alcoa ended the quarter with $1.514 billion in cash, $6.671 billion in net property, plant, and equipment, and total liabilities of $8.746 billion against total assets of $14.981 billion.
Cash Flow: Positive changes in working capital amounting to $191 million reflect strong management of inventory and receivables even as cash flow specifics are undisclosed.