Operating Expenses

R&D

Alcoa R&D decreased by 9.1% to $10.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.7%, from $12.00M to $10.00M. Over 3 years (FY 2021 to FY 2024), R&D shows an upward trend with a 22.5% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ3 2015
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$6.00M$8.00M$10.00M$9.00M$7.00M$7.00M$9.00M$10.00M$6.00M$9.00M$14.00M$11.00M$13.00M$16.00M$17.00M$12.00M$12.00M$11.00M$10.00M
QoQ Change+33.3%+25.0%-10.0%-22.2%+0.0%+28.6%+11.1%-40.0%+50.0%+55.6%-21.4%+18.2%+23.1%+6.3%-29.4%+0.0%-8.3%-9.1%
YoY Change+16.7%-12.5%-10.0%+11.1%-14.3%+28.6%+55.6%+10.0%+116.7%+77.8%+21.4%+9.1%-7.7%-31.3%-16.7%
Range$6.00M$17.00M
CAGR+12.0%
Avg YoY Growth+17.0%
Median YoY Growth+10.0%
Current Streak2 quarters decline

R&D at Other Companies

Frequently Asked Questions

What is Alcoa's r&d?
Alcoa (AA) reported r&d of $10.00M in Q1 2026.
How has Alcoa's r&d changed year-over-year?
Alcoa's r&d decreased by 16.7% year-over-year, from $12.00M to $10.00M.
What is the long-term trend for Alcoa's r&d?
Over 3 years (2021 to 2024), Alcoa's r&d has grown at a 22.5% compound annual growth rate (CAGR), from $31.00M to $57.00M.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.