CSN Mineração Income Statement

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	18,025	16,496	18,880	13,273	19,040
Revenue Growth (YoY)	9.27%	-12.63%	42.25%	-30.29%	38.07%
Cost of Revenue	8,601	8,046	9,913	7,161	8,041
Gross Profit	9,425	8,450	8,968	6,112	10,999
Selling, General & Admin	2,976	3,720	2,211	1,146	1,382
Other Operating Expenses	393.22	-112	865.25	342.12	195.18
Operating Expenses	4,640	3,608	3,077	1,488	1,578
Operating Income	4,785	4,842	5,891	4,624	9,421
Interest Expense	-1,627	-1,216	-867.76	-438.88	-258.86
Interest & Investment Income	-	717.83	532.4	337.66	142.74
Earnings From Equity Investments	226.1	181.98	152.19	116.56	92.06
Currency Exchange Gain (Loss)	-1,723	19.45	-11.25	-	-
Other Non Operating Income (Expenses)	787.2	1,261	-883.21	-670.95	-148.74
EBT Excluding Unusual Items	2,448	5,806	4,814	3,968	9,248
Asset Writedown	-	-10.62	7.53	22.45	-37.87
Legal Settlements	-	-46.53	-14.48	-9.94	-5.9
Pretax Income	2,448	5,749	4,807	3,980	9,205
Income Tax Expense	799.18	1,221	1,238	1,030	2,834
Earnings From Continuing Operations	1,649	4,528	3,569	2,950	6,371
Net Income	1,649	4,528	3,569	2,950	6,371
Net Income to Common	1,649	4,528	3,569	2,950	6,371
Net Income Growth	-63.58%	26.87%	20.96%	-53.69%	58.06%
Shares Outstanding (Basic)	5,432	5,471	5,485	5,486	5,555
Shares Outstanding (Diluted)	5,432	5,471	5,485	5,486	5,555
Shares Change (YoY)	-0.70%	-0.27%	-0.00%	-1.25%	2.30%
EPS (Basic)	0.30	0.83	0.65	0.54	1.15
EPS (Diluted)	0.30	0.83	0.65	0.54	1.15
EPS Growth	-63.32%	27.21%	20.97%	-53.10%	54.50%
Free Cash Flow	-	9,994	6,803	-1,776	7,706
Free Cash Flow Per Share	-	1.83	1.24	-0.32	1.39
Dividend Per Share	-	1.017	0.742	-	0.790
Dividend Growth	-	37.07%	-	-	1431.47%
Gross Margin	52.29%	51.23%	47.50%	46.05%	57.77%
Operating Margin	26.55%	29.35%	31.20%	34.84%	49.48%
Profit Margin	9.15%	27.45%	18.90%	22.23%	33.46%
Free Cash Flow Margin	-	60.58%	36.03%	-13.38%	40.47%
EBITDA	6,030	5,972	6,933	5,624	10,173
EBITDA Margin	33.45%	36.20%	36.72%	42.37%	53.43%
D&A For EBITDA	1,245	1,130	1,042	1,000	752.11
EBIT	4,785	4,842	5,891	4,624	9,421
EBIT Margin	26.55%	29.35%	31.20%	34.84%	49.48%
Effective Tax Rate	32.64%	21.25%	25.75%	25.88%	30.79%
Revenue as Reported	18,025	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.