Alcoa (AA) Operating Expenses (2015 - 2026)

Alcoa has disclosed Operating Expenses across 12 years of filings, most recently posting $111.0 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $111.0 million, up 26.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 223.27% YoY), and the FY2025 annual result was $1.2 billion, up 84.4% from the prior year.
• Operating Expenses came in at $111.0 million for Q1 2026 at Alcoa, up from $71.0 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.
• The 5-year median for Operating Expenses is $91.0 million (2024), against an average of $185.4 million.
• Across the five-year window, Operating Expenses tumbled 90.29% in 2023 and jumped 769.64% in 2025, its largest moves.
• Alcoa's Operating Expenses stood at $690.0 million in 2022, then sank by 90.29% to $67.0 million in 2023, then jumped by 35.82% to $91.0 million in 2024, then decreased by 21.98% to $71.0 million in 2025, then surged by 56.34% to $111.0 million in 2026.
• The last three Operating Expenses figures came in at $111.0 million (Q1 2026), $71.0 million (Q4 2025), and $974.0 million (Q3 2025), per Business Quant data.