Gerdau (ADR) (GGB)
Makes long, flat, and special steels through electric mini-mills and integrated production.
$5.02
After hours−0.01 (−0.10%)
At close$5.03(+0.50%)
In millions of USD, except per-share figures · converted from BRL at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,345 | 2,885 | 3,178 | 3,257 | 3,406 | 3,298 | 3,406 | 3,435 | 3,525 | 3,327 | 3,277 | 3,503 |
| Cost of revenue | 2,797 | 2,564 | 2,703 | 2,828 | 2,901 | 2,902 | 3,024 | 3,037 | 3,105 | 2,965 | 2,827 | 2,948 |
| Gross profit | 547 | 320 | 474 | 429 | 505 | 396 | 382 | 398 | 420 | 362 | 450 | 555 |
| 80 | 106 | 105 | 112 | 89 | 217 | 112 | 112 | 112 | 127 | 106 | 105 | |
| 106 | 111 | 98 | 104 | 108 | 115 | 106 | 109 | 100 | 100 | 102 | 101 | |
| Selling & marketing | 36 | 36 | 36 | 36 | 38 | 39 | 38 | 40 | 38 | 37 | 36 | 37 |
| General & administrative | 70 | 75 | 62 | 68 | 69 | 76 | 68 | 69 | 62 | 63 | 66 | 64 |
| Other expenses | −26 | −5 | 7 | 8 | −18 | 102 | 5 | 3 | 12 | 27 | 4 | 3 |
| Operating income | 467 | 214 | 369 | 317 | 416 | 179 | 270 | 286 | 308 | 236 | 343 | 450 |
| −94 | −70 | 77 | −116 | −63 | −108 | −59 | −60 | −26 | −459 | −47 | −53 | |
| Interest income | 10 | 8 | 7 | 7 | 6 | 7 | 5 | 15 | 21 | 16 | 13 | 13 |
| Interest expense | 8 | 8 | 7 | 7 | 7 | 7 | 9 | 62 | 70 | 77 | 55 | 53 |
| Other non-operating income | 53 | 29 | −113 | 81 | 22 | 65 | 8 | −1 | −44 | 376 | −9 | 0 |
| Income before tax | 374 | 144 | 446 | 200 | 353 | 72 | 211 | 226 | 281 | −223 | 297 | 397 |
| Income tax expense | 62 | 29 | 44 | 31 | 87 | 8 | 63 | 56 | 68 | 30 | 98 | 109 |
| Net income from continuing operations | 312 | 115 | 402 | 170 | 266 | 63 | 149 | 169 | 214 | −254 | 199 | 287 |
| Net income | 310 | 113 | 401 | 168 | 264 | 62 | 147 | 168 | 212 | −254 | 196 | 285 |
| EPS, basic | $0.18 | $0.05 | $0.16 | $0.08 | $0.04 | $0.29 | $0.07 | $0.08 | $0.10 | −$0.13 | $0.10 | $0.15 |
| EPS, diluted | $0.18 | $0.05 | $0.16 | $0.08 | $0.04 | $0.29 | $0.07 | $0.08 | $0.10 | −$0.13 | $0.10 | $0.15 |
| Weighted average shares, basic | 1,749 | 2,099 | 2,522 | 2,104 | 2,099 | 2,099 | 2,034 | 2,010 | 1,992 | 1,975 | 1,974 | 1,966 |
| Weighted average shares, diluted | 1,760 | 2,113 | 2,533 | 2,113 | 2,107 | 2,107 | 2,045 | 2,018 | 2,000 | 1,975 | 1,984 | 1,975 |
| EBITDA | 569 | 340 | 625 | 387 | 550 | 278 | 433 | 471 | 536 | 43 | 529 | 630 |
| Depreciation & amortization | 155 | 155 | 142 | 151 | 156 | 163 | 171 | 184 | 184 | 183 | 177 | 180 |
| EBIT | 415 | 185 | 482 | 236 | 394 | 115 | 262 | 287 | 352 | −140 | 352 | 450 |
