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
DateValue
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