Alcoa (AA) Research & Development (2015 - 2026)
Alcoa's (AA) quarterly Research & Development came in at $10.0 million in Q1 2026, down 16.67% year-on-year from $12.0 million in Q1 2025, and up 190.91% quarter-over-quarter from -$11.0 million in Q4 2025.
Alcoa (AA) Research & Development (2015 - 2026) Analysis & Trends
Alcoa has disclosed Research & Development across 12 years of filings, most recently posting $10.0 million for Q1 2026.
- Research & Development for Q1 2026 came in at $10.0 million, down 16.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $22.0 million (down 62.07% YoY), and the FY2025 annual result was $24.0 million, down 57.89% from the prior year.
- Research & Development came in at $10.0 million for Q1 2026 at Alcoa, up from -$11.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $17.0 million in Q4 2024 to a low of -$11.0 million in Q4 2025.
- The 5-year median for Research & Development is $10.0 million (2023), against an average of $9.5 million.
- Across the five-year window, Research & Development jumped 116.67% in 2024 and slumped 164.71% in 2025, its largest moves.
- Alcoa's Research & Development stood at $9.0 million in 2022, then soared by 55.56% to $14.0 million in 2023, then grew by 21.43% to $17.0 million in 2024, then plunged by 164.71% to -$11.0 million in 2025, then soared by 190.91% to $10.0 million in 2026.
- The last three Research & Development figures came in at $10.0 million (Q1 2026), -$11.0 million (Q4 2025), and $11.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcoa | 18.13 Bn | 16.72 Bn | 681.00 Mn | 10.00 Mn |
| 2 | Century Aluminum | 6.04 Bn | 5.93 Bn | 118.80 Mn | - |
| 3 | Constellium Se | 4.83 Bn | 4.56 Bn | 420.00 Mn | 13.00 Mn |
| 4 | Kaiser Aluminum | 3.08 Bn | 3.05 Bn | 944.60 Mn | 600,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.00 Mn |
| Dec 31, 2025 | -11.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Jun 30, 2025 | 12.00 Mn |
| Mar 31, 2025 | 12.00 Mn |
| Dec 31, 2024 | 17.00 Mn |
| Sep 30, 2024 | 16.00 Mn |
| Jun 30, 2024 | 13.00 Mn |
| Mar 31, 2024 | 11.00 Mn |
| Dec 31, 2023 | 14.00 Mn |
| Sep 30, 2023 | 9.00 Mn |
| Jun 30, 2023 | 6.00 Mn |
| Mar 31, 2023 | 10.00 Mn |
| Dec 31, 2022 | 9.00 Mn |
| Sep 30, 2022 | 7.00 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | 9.00 Mn |
| Dec 31, 2021 | 10.00 Mn |
| Sep 30, 2021 | 8.00 Mn |
| Jun 30, 2021 | 6.00 Mn |