Alcoa R&D decreased by 9.1% to $10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.7%, from $12M to $10M. 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
VolatilityStable
First reportedQ3 2015
Last reportedQ1 2026Apr 30, 2026
How to read this metric
Higher spending indicates a focus on long-term innovation and competitive differentiation, while lower spending may prioritize short-term cash flow over future growth.
Detailed definition
Research and development expenses represent investments in innovation, process improvements, and new product development...
Peer comparison
Varies by industry; in materials, this is often lower than in tech but critical for process efficiency and environmental compliance.
Metric ID:
research_and_developmentHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6M | $8M | $10M | $9M | $7M | $7M | $9M | $10M | $6M | $9M | $14M | $11M | $13M | $16M | $17M | $12M | $12M | $11M | $10M |
| 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$6M – $17M
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 $10M 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 $12M to $10M.
- 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 $31M to $57M.
- What does r&d mean?
- Spending on activities intended to create new products or improve existing manufacturing processes.