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Alcoa (AA) capital expenditures by quarter

Alcoa's capital expenditures were $171M in Q3 2026 (third quarter 2026), -8% from Q2 2026. Over the last 6 quarters it ranged from $93.0M (Q1 2025) to $243M (Q4 2025).

Alcoa capital expenditures by quarterAlcoa capital expenditures by quarter$93.0MQ1 2025$131MQ2 2025$151MQ3 2025$243MQ4 2025$186MQ2 2026$171MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$171M-8%+13%
Q2 2026$186M-23%+42%
Q4 2025$243M+61%—
Q3 2025$151M+15%—
Q2 2025$131M+41%—
Q1 2025$93.0M——

Q3 2026 at a glance

Alcoa, Q3 2026: revenue $3.7B (+24% year over year), operating margin 15.5%, net earnings $483M, operating cash flow $643M. The chart follows the revenue to costs, profit and cash.

Questions

What is Alcoa's capital expenditures?

Alcoa's capital expenditures were $171M in Q3 2026 (third quarter 2026), -8% from Q2 2026.

How has Alcoa's capital expenditures changed?

Over the last 6 quarters it ranged from $93.0M (Q1 2025) to $243M (Q4 2025).

Q3 2026 results → · How Alcoa makes money →