Kaiser Aluminum (KALU) Operating Expenses (2009 - 2026)

Over the trailing twelve months to Jun 30, 2026, Kaiser Aluminum reported Operating Expenses of $3.8 billion, up 27.2% year-over-year; for FY2025, it came in at $3.18 billion, up 9.4% from FY2024.

• Operating Expenses carries a five-year compound annual growth rate of 23.9% (FY2020 to FY2025).
• Going back by year, Operating Expenses was $2.91 billion in FY2024 (-1.8%), $2.96 billion in FY2023 (-13.4%), $3.42 billion in FY2022 (+33.9%) and $2.56 billion in FY2021 (+134.3%).
• The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q2 2009.
• Year-over-year, Operating Expenses has increased for eight consecutive quarters, with growth averaging 15.9% over the last eight quarters.
• The fastest year-over-year change in Operating Expenses over five years came in Q4 2021 (growth of 211.6%), and the weakest in Q2 2023 (a decline of 18.6%).
• Business Quant data shows KALU's Operating Expenses at $1.01 billion (Q1 2026), $868.4 million (Q4 2025) and $794.7 million (Q3 2025) in the three quarters before Q2 2026.