KPIs & Operating Metrics(New)
Growth Metrics

Alcoa (AA) Operating Expenses (2016 - 2025)

Alcoa (AA) has disclosed Operating Expenses for 11 consecutive years, with $71.0 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 63.21% to $71.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.2 billion through Dec 2025, up 152.75% year-over-year, with the annual reading at $1.2 billion for FY2025, 84.4% up from the prior year.
  • Operating Expenses hit $71.0 million in Q4 2025 for Alcoa, down from $974.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $974.0 million in Q3 2025 to a low of $61.0 million in Q2 2022.
  • Historically, Operating Expenses has averaged $173.9 million across 5 years, with a median of $90.5 million in 2021.
  • Biggest five-year swings in Operating Expenses: plummeted 90.29% in 2023 and later soared 769.64% in 2025.
  • Year by year, Operating Expenses stood at $140.0 million in 2021, then skyrocketed by 392.86% to $690.0 million in 2022, then tumbled by 90.29% to $67.0 million in 2023, then soared by 188.06% to $193.0 million in 2024, then plummeted by 63.21% to $71.0 million in 2025.
  • Business Quant data shows Operating Expenses for AA at $71.0 million in Q4 2025, $974.0 million in Q3 2025, and $108.0 million in Q2 2025.