Alcoa Corporation Financial Statements FY2021-FY2026Q3

Alcoa Corporation (AA) Financial Statements in Beancount — Open Ledger

Alcoa's income statement and balance sheet, FY2021 through FY2026Q3, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K and 10-Q filings and version-controlled in git. Part of the Open Ledger project on beancount.io.

Browse it live: beancount.io/ledger/open_ledger/alcoa

Latest analysis: Alcoa Q3 2026 Earnings: The $483M Quarter That Pre-Funded a $3.1B Alumina Bet

Key Figures

Amounts in MUSD (millions of US dollars), exactly as the ledger records them.

What's Inside

Fiscal years end December 31. All figures sourced from Alcoa Corporation Form 10-K and earnings-release filings (SEC EDGAR, CIK 0001675149). The August 2024 Alumina Limited acquisition eliminated the AWAC noncontrolling interest; the March 2025 San Ciprián joint venture with Trento EQT put a redeemable 25% stake into mezzanine equity; and the July 2025 sale of the Saudi Arabia joint venture left $1.4 billion of Ma'aden shares carried at fair value.

Quick Start

uvx --from beancount bean-check main.bean
uvx --from beanquery bean-query main.bean \
  "SELECT year, sum(position) WHERE account ~ '^Income:Revenue' GROUP BY year ORDER BY year"

Zero output from bean-check means the ledger is internally consistent: every
income statement sums to zero and every balance-sheet snapshot reconciles to
the filed totals. The query prints revenue by calendar year; income is a
credit, so it shows as a negative number. Open main.bean in Fava
or import it into beancount.io to explore it visually.

Methodology

• Balance sheet — pad / balance directives assert each period-end
  figure against the filing named in that period file's source banner.
• Income statement — one zero-sum transaction per period: Income
  negative (credit), Expenses positive (debit), with the arithmetic check in
  a comment directly above it.
• Unit — MUSD; 3,704 MUSD means 3,704 million US dollars.
• Additional accounts — Assets:Current:Inventory (inventories),
  Assets:NonCurrent:EquityMethodInvestments (the "Investments" caption),
  Assets:NonCurrent:LongTermInvestments (noncurrent marketable securities:
  the Ma'aden shares), Equity:NoncontrollingInterests (the AWAC stake,
  FY2021–FY2023), Equity:Temporary:RedeemableNoncontrollingInterests (the
  Trento EQT stake), Expenses:DepreciationAndAmortization (the DD&A
  provision) and Expenses:Interest (interest expense), each the filing's own
  caption. Goodwill is never broken out on the face, so it stays inside
  Assets:NonCurrent:Other; energy and currency derivative fair values sit in
  the …:Other residuals with their filed amounts in each period's comments.
• Net income is attributable — each income transaction's offset is net
  income attributable to Alcoa Corporation, with the noncontrolling-interest
  share as an explicit posting, so the Key Figures above match the headlines.

Analysis

• Alcoa Q3 2026 Earnings: The $483M Quarter That Pre-Funded a $3.1B Alumina Bet — FY2026Q3

Corrections

Found a figure that does not match the filing? Email
[email protected] with the period, the account
and the filing page. Corrections are committed with the source cited.

About Open Ledger

Open Ledger is a growing library of public-company financial statements
published as plain-text accounting at
beancount.io/ledger — git-versioned, diffable
across companies, and auditable against primary filings. Read the analysis
behind the numbers on the beancount.io blog.

Disclaimer

This ledger is an independent reconstruction of Alcoa Corporation's publicly filed
financial statements, provided for educational and informational purposes
only. It is not investment, financial, legal, tax, or accounting advice, and
is not an offer or recommendation to buy or sell any security. Beancount.io is
not affiliated with, endorsed by, or sponsored by Alcoa Corporation; all trademarks
belong to their respective owners. Figures may contain errors, omissions, or
simplifications and may lag the latest filings — the company's own regulatory
filings are the authoritative source. Provided "as is" without warranty of any
kind; use at your own risk.