Kaiser Aluminum (KALU) Operating Expenses (2009 - 2026)
Kaiser Aluminum (KALU) reported Operating Expenses of $1.0 billion for Q1 2026, up 37.09% on a YoY basis from $736.0 million in Q1 2025, and up 16.19% quarter-over-quarter from $868.4 million in Q4 2025.
Kaiser Aluminum (KALU) Operating Expenses (2009 - 2026) Analysis & Trends
Kaiser Aluminum has reported Operating Expenses for 18 years, with the latest figure at $1.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 37.09% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $3.5 billion (up 17.81% YoY), and the FY2025 full-year result was $3.2 billion, up 9.36% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.0 billion, up from $868.4 million in the prior quarter.
- The five-year high for Operating Expenses was $1.0 billion in Q1 2026, with the low at $673.3 million in Q4 2023.
- Historically, Operating Expenses has averaged $793.7 million across 5 years, with a median of $778.2 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 200.75% — and 2023, when it slipped 18.62%.
- Kaiser Aluminum's Operating Expenses stood at $798.2 million in 2022, then slipped by 15.65% to $673.3 million in 2023, then rose by 7.96% to $726.9 million in 2024, then grew by 19.47% to $868.4 million in 2025, then climbed by 16.19% to $1.0 billion in 2026.
- The last three Operating Expenses figures came in at $1.0 billion (Q1 2026), $868.4 million (Q4 2025), and $794.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcoa | 18.13 Bn | 16.72 Bn | 681.00 Mn | 111.00 Mn |
| 2 | Century Aluminum | 6.04 Bn | 5.93 Bn | 118.80 Mn | 25.80 Mn |
| 3 | Constellium Se | 4.83 Bn | 4.56 Bn | 420.00 Mn | 110.00 Mn |
| 4 | Kaiser Aluminum | 3.08 Bn | 3.05 Bn | 944.60 Mn | 1.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.01 Bn |
| Dec 31, 2025 | 868.40 Mn |
| Sep 30, 2025 | 794.70 Mn |
| Jun 30, 2025 | 785.10 Mn |
| Mar 31, 2025 | 736.00 Mn |
| Dec 31, 2024 | 726.90 Mn |
| Sep 30, 2024 | 734.50 Mn |
| Jun 30, 2024 | 737.20 Mn |
| Mar 31, 2024 | 713.20 Mn |
| Dec 31, 2023 | 673.30 Mn |
| Sep 30, 2023 | 724.50 Mn |
| Jun 30, 2023 | 778.20 Mn |
| Mar 31, 2023 | 788.50 Mn |
| Dec 31, 2022 | 798.20 Mn |
| Sep 30, 2022 | 745.90 Mn |
| Jun 30, 2022 | 956.20 Mn |
| Mar 31, 2022 | 923.60 Mn |
| Dec 31, 2021 | 789.80 Mn |
| Sep 30, 2021 | 730.80 Mn |
| Jun 30, 2021 | 729.90 Mn |