Alcoa shares surge 5.64% after-hours as Q4 adjusted earnings exceed estimates at $1.26, driven by higher revenue and net income.

Alcoa (AA) surged 5.64% in after-hours trading following the release of its fourth-quarter and full-year 2025 results, which showed a 15% sequential revenue increase to $3.4 billion and a record $1.26 adjusted earnings per share. The company exceeded analyst estimates, with Q4 revenue of $3.4 billion topping the $3.28 billion consensus and adjusted net income rising to $335 million, driven by higher aluminum prices, operational efficiency, and carbon dioxide compensation in Spain and Norway. Full-year net income reached $1.2 billion, reflecting strategic actions such as the Ma’aden joint venture sale, Kwinana refinery closure, and production record-setting at key facilities. The results underscored Alcoa’s disciplined execution and cost management, bolstering investor confidence in its long-term value creation.