Alcoa (AA) Operating Expenses (2015 - 2026)
Alcoa (AA) posted Operating Expenses of $108.0 million for Q2 2026, down 2.7% sequentially from $111.0 million in Q1 2026, and little changed YoY from $108.0 million in Q2 2025.
Alcoa (AA) Operating Expenses (2015 - 2026) Analysis & Trends
Alcoa has reported Operating Expenses for 12 years, with the latest figure at $108.0 million in Q2 2026.
- Quarterly Operating Expenses changed 0.0% year-over-year to $108.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.2 billion (up 146.51% YoY) and the FY2025 annual result came in at $1.2 billion, up 84.4% from the prior year.
- Operating Expenses fell to $108.0 million in Q2 2026 per AA's latest filing, from $111.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $945.0 million in Q3 2025 and troughed at -$16.0 million in Q2 2022.
- A 5-year average of $158.4 million and a median of $99.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses sank 117.2% in 2022, then soared 743.75% in 2025.
- Over 5 years, Operating Expenses stood at $67.0 million in 2022, then changed by 0.0% to $67.0 million in 2023, then soared by 188.06% to $193.0 million in 2024, then slumped by 63.21% to $71.0 million in 2025, then jumped by 52.11% to $108.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $108.0 million, $111.0 million, and $71.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcoa | 14.07 Bn | 12.63 Bn | 999.00 Mn | 108.00 Mn |
| 2 | Century Aluminum | 5.23 Bn | 4.88 Bn | 227.90 Mn | 15.90 Mn |
| 3 | Constellium Se | 4.02 Bn | 3.86 Bn | 480.00 Mn | 115.00 Mn |
| 4 | Kaiser Aluminum | 3.10 Bn | 3.04 Bn | 199.00 Mn | 1.12 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 108.00 Mn |
| Mar 31, 2026 | 111.00 Mn |
| Dec 31, 2025 | 71.00 Mn |
| Sep 30, 2025 | 945.00 Mn |
| Jun 30, 2025 | 108.00 Mn |
| Mar 31, 2025 | 88.00 Mn |
| Dec 31, 2024 | 193.00 Mn |
| Sep 30, 2024 | 112.00 Mn |
| Jun 30, 2024 | 90.00 Mn |
| Mar 31, 2024 | -52.00 Mn |
| Dec 31, 2023 | 67.00 Mn |
| Sep 30, 2023 | 87.00 Mn |
| Jun 30, 2023 | 82.00 Mn |
| Mar 31, 2023 | 213.00 Mn |
| Dec 31, 2022 | 67.00 Mn |
| Sep 30, 2022 | 80.00 Mn |
| Jun 30, 2022 | -16.00 Mn |
| Mar 31, 2022 | 178.00 Mn |
| Dec 31, 2021 | 99.00 Mn |
| Sep 30, 2021 | 88.00 Mn |