Gerdau (ADR) (GGB)
Makes long, flat, and special steels through electric mini-mills and integrated production.
$4.96
vs last close−0.07 (−1.29%)
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 | 3,318 | 2,861 | 3,152 | 3,231 | 3,379 | 3,271 | 3,378 | 3,408 | 3,497 | 3,300 | 3,250 | 3,475 |
| Cost of revenue | 2,775 | 2,544 | 2,681 | 2,805 | 2,878 | 2,878 | 3,000 | 3,013 | 3,080 | 2,941 | 2,804 | 2,925 |
| Gross profit | 543 | 317 | 470 | 425 | 501 | 393 | 378 | 395 | 416 | 359 | 446 | 550 |
| 79 | 105 | 104 | 111 | 88 | 215 | 111 | 111 | 111 | 126 | 105 | 104 | |
| 105 | 111 | 97 | 103 | 107 | 114 | 106 | 108 | 100 | 99 | 101 | 101 | |
| Selling & marketing | 36 | 36 | 36 | 36 | 38 | 39 | 38 | 40 | 38 | 36 | 36 | 37 |
| General & administrative | 69 | 75 | 62 | 67 | 69 | 75 | 68 | 68 | 62 | 63 | 65 | 64 |
| Other expenses | −25 | −5 | 7 | 8 | −18 | 101 | 5 | 3 | 12 | 27 | 4 | 3 |
| Operating income | 464 | 212 | 366 | 314 | 412 | 178 | 268 | 284 | 305 | 234 | 341 | 446 |
| −93 | −69 | 76 | −115 | −63 | −107 | −58 | −60 | −26 | −455 | −46 | −53 | |
| Interest income | 10 | 8 | 7 | 7 | 6 | 7 | 5 | 15 | 21 | 16 | 13 | 13 |
| Interest expense | 8 | 8 | 7 | 7 | 7 | 7 | 9 | 61 | 70 | 76 | 55 | 52 |
| Other non-operating income | 52 | 29 | −112 | 80 | 22 | 64 | 8 | −1 | −44 | 373 | −9 | 0 |
| Income before tax | 371 | 143 | 443 | 199 | 350 | 71 | 210 | 224 | 279 | −222 | 294 | 394 |
| Income tax expense | 61 | 29 | 43 | 30 | 86 | 8 | 62 | 56 | 67 | 30 | 97 | 109 |
| Net income from continuing operations | 310 | 114 | 399 | 169 | 264 | 63 | 147 | 168 | 212 | −252 | 197 | 285 |
| Net income | 308 | 112 | 397 | 167 | 262 | 61 | 146 | 166 | 210 | −252 | 195 | 283 |
| EPS, basic | $0.17 | $0.05 | $0.16 | $0.08 | $0.04 | $0.29 | $0.07 | $0.08 | $0.10 | −$0.13 | $0.10 | $0.14 |
| EPS, diluted | $0.17 | $0.05 | $0.16 | $0.08 | $0.04 | $0.29 | $0.07 | $0.08 | $0.10 | −$0.13 | $0.10 | $0.14 |
| 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 | 565 | 337 | 620 | 384 | 546 | 276 | 430 | 467 | 531 | 43 | 525 | 625 |
| Depreciation & amortization | 153 | 154 | 141 | 150 | 155 | 162 | 170 | 182 | 182 | 182 | 175 | 179 |
| EBIT | 411 | 184 | 479 | 234 | 391 | 114 | 260 | 285 | 349 | −139 | 349 | 446 |
