Filing Flows › Alcoa (AA) › Q1 2025
Alcoa (AA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Alcoa (AA) reported revenue of $3.4B for the first quarter 2025 (Q1 2025), +30% from a year earlier and -3% from the quarter before. Operating margin was 19.8%, net earnings $548M (16.3% of revenue).
Alcoa, Q1 2025: revenue $3.4B (+30% year over year), operating margin 19.8%, net earnings $548M, operating cash flow $75.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4B | -3% | +30% |
| Operating profit | $668M | +98% | — |
| Net earnings | $548M | +171% | — |
| Operating cash flow | $75.0M | -82% | — |
What changed
Revenue was $3.4B in Q1 2025, up 30% year over year and down 3% from the previous quarter.
Operating profit was $0.67B, a 19.8% margin (up 32.3 points year over year). Total costs fell 8% while revenue rose 30%. The fastest-growing cost line was SG&A (+18%). Net earnings were $0.55B. The effective tax rate was 18.0%.
Operating cash flow was $0.07B, 14% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.63B. Capital expenditures of $0.09B exceeded it, leaving free cash flow of −$0.02B.
Questions
What was Alcoa's revenue in the first quarter 2025?
Alcoa (AA) reported revenue of $3.4B for the first quarter 2025 (Q1 2025), +30% from a year earlier and -3% from the quarter before.
Was Alcoa profitable in the first quarter 2025?
Operating profit was $668M (19.8% of revenue) and net earnings $548M.
Source: Alcoa 10-Q on SEC EDGAR.