Alcoa (AA) Cost of Revenue (2015 - 2026)
Alcoa's (AA) quarterly Cost of Revenue came in at $2.5 billion in Q1 2026, up 3.04% year-on-year from $2.4 billion in Q1 2025, and down 12.57% quarter-over-quarter from $2.9 billion in Q4 2025.
Alcoa (AA) Cost of Revenue (2015 - 2026) Analysis & Trends
Alcoa has disclosed Cost of Revenue across 12 years of filings, most recently posting $2.5 billion for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $2.5 billion, up 3.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.7 billion (up 6.49% YoY), and the FY2025 annual result was $10.7 billion, up 6.11% from the prior year.
- Cost of Revenue came in at $2.5 billion for Q1 2026 at Alcoa, down from $2.9 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $2.9 billion in Q4 2025 to a low of $2.2 billion in Q1 2022.
- The 5-year median for Cost of Revenue is $2.5 billion (2023), against an average of $2.5 billion.
- Across the five-year window, Cost of Revenue rose 28.34% in 2022 and decreased 9.11% in 2023, its largest moves.
- Alcoa's Cost of Revenue stood at $2.6 billion in 2022, then decreased by 6.59% to $2.4 billion in 2023, then gained by 11.92% to $2.7 billion in 2024, then grew by 5.86% to $2.9 billion in 2025, then fell by 12.57% to $2.5 billion in 2026.
- The last three Cost of Revenue figures came in at $2.5 billion (Q1 2026), $2.9 billion (Q4 2025), and $2.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcoa | 18.13 Bn | 16.72 Bn | 681.00 Mn | 2.51 Bn |
| 2 | Century Aluminum | 6.04 Bn | 5.93 Bn | 118.80 Mn | 530.40 Mn |
| 3 | Constellium Se | 4.83 Bn | 4.56 Bn | 420.00 Mn | 2.04 Bn |
| 4 | Kaiser Aluminum | 3.08 Bn | 3.05 Bn | 944.60 Mn | 162.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.51 Bn |
| Mar 31, 2026 | 2.51 Bn |
| Dec 31, 2025 | 2.87 Bn |
| Dec 31, 2025 | 2.87 Bn |
| Sep 30, 2025 | 2.70 Bn |
| Sep 30, 2025 | 2.70 Bn |
| Jun 30, 2025 | 2.65 Bn |
| Jun 30, 2025 | 2.65 Bn |
| Mar 31, 2025 | 2.44 Bn |
| Mar 31, 2025 | 2.44 Bn |
| Dec 31, 2024 | 2.71 Bn |
| Dec 31, 2024 | 2.71 Bn |
| Sep 30, 2024 | 2.39 Bn |
| Sep 30, 2024 | 2.39 Bn |
| Jun 30, 2024 | 2.53 Bn |
| Jun 30, 2024 | 2.53 Bn |
| Mar 31, 2024 | 2.40 Bn |
| Mar 31, 2024 | 2.40 Bn |
| Dec 31, 2023 | 2.43 Bn |
| Dec 31, 2023 | 2.43 Bn |