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Strategy

Alcoa’s Third-Quarter Profit More Than Doubles as Production Improves

The aluminum producer earned $483 million and generated $472 million of free cash flow while advancing a major asset acquisition and operational restarts.

AF

By Anna Ferreira

Oct 18, 2026 · 3 min read

Alcoa reported a sharp year-over-year increase in third-quarter profit as improved production and stronger market conditions outweighed lower sequential aluminum prices and shipments, giving the producer more financial room to pursue a large pending acquisition.

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AF

Anna Ferreira

Senior Correspondent, Corporate Strategy

Anna Ferreira writes for Corporate Insider Inc.

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