Alcoa (AA) Gross Margin (2015 - 2026)

Alcoa has disclosed Gross Margin across 12 years of filings, most recently posting 21.33% for Q1 2026.

• Gross Margin for Q1 2026 came in at 21.33%, down 631.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.2% (down 523.0% YoY), and the FY2025 annual result was 16.94%, up 137.0% from the prior year.
• Gross Margin came in at 21.33% for Q1 2026 at Alcoa, up from 16.7% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 33.77% in Q1 2022 to a low of 2.52% in Q4 2022.
• The 5-year median for Gross Margin is 12.13% (2025), against an average of 14.27%.
• Across the five-year window, Gross Margin surged 691134 bps in 2022 and slumped 2381 bps in 2023, its largest moves.
• Alcoa's Gross Margin stood at 2.52% in 2022, then jumped by 160 bps to 6.55% in 2023, then soared by 238 bps to 22.15% in 2024, then dropped by 25 bps to 16.7% in 2025, then increased by 28 bps to 21.33% in 2026.
• The last three Gross Margin figures came in at 21.33% (Q1 2026), 16.7% (Q4 2025), and 10.02% (Q3 2025), per Business Quant data.