Gerdau S.A. (GGB)
NYSE: GGB · Real-Time Price · USD
4.380
-0.010 (-0.23%)
At close: Nov 6, 2026, 4:00 PM EST
4.350
-0.030 (-0.68%)
After-hours: Nov 6, 2026, 7:30 PM EST
Gerdau Income Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 18,691 | 17,871 | 16,716 | 16,974 | 17,983 | 17,526 | 17,375 | 16,823 | 17,378 | 16,616 | 16,210 | 14,716 | 17,063 | 18,265 | 18,872 | 17,964 | 21,149 | 22,968 | 20,330 | 21,555 | |
Revenue Growth (YoY) | 3.93% | 1.97% | -3.80% | 0.90% | 3.48% | 5.48% | 7.19% | 14.32% | 1.85% | -9.03% | -14.11% | -18.08% | -19.32% | -20.48% | -7.17% | -16.66% | -0.79% | 20.06% | 24.40% | 58.26% |
Cost of Revenue | 15,340 | 15,041 | 14,422 | 15,126 | 15,841 | 15,495 | 15,429 | 14,803 | 14,801 | 14,429 | 13,791 | 13,083 | 14,271 | 14,987 | 15,244 | 15,036 | 16,411 | 17,065 | 15,149 | 16,368 |
Gross Profit | 3,351 | 2,829 | 2,294 | 1,848 | 2,142 | 2,031 | 1,947 | 2,020 | 2,577 | 2,187 | 2,420 | 1,633 | 2,793 | 3,278 | 3,629 | 2,928 | 4,738 | 5,904 | 5,181 | 5,187 |
Selling, General & Admin | 532.65 | 517.25 | 521.88 | 518.34 | 512.39 | 556.91 | 542.87 | 597.48 | 548.6 | 530.66 | 500.94 | 578.51 | 538.87 | 562.35 | 538.04 | 630.33 | 555.07 | 516.01 | 494.31 | 632.62 |
Other Operating Expenses | 119.2 | 16.89 | -8.31 | 133.54 | 59.75 | 12.11 | 23.1 | 517.05 | 100.45 | 41.22 | 33.86 | -602.53 | 47.65 | 68.21 | -1,105 | -8.61 | 7.82 | -17.84 | -17.64 | -209.43 |
Operating Expenses | 664.84 | 551.46 | 541.98 | 655.6 | 572.09 | 571.65 | 569.92 | 1,116 | 654.07 | 576.14 | 554.89 | -18.36 | 590.6 | 627.03 | -562.81 | 626.51 | 556.83 | 500.15 | 476.04 | 423.18 |
Operating Income | 2,686 | 2,278 | 1,752 | 1,193 | 1,570 | 1,459 | 1,377 | 903.95 | 1,923 | 1,611 | 1,865 | 1,651 | 2,202 | 2,651 | 4,191 | 2,302 | 4,181 | 5,404 | 4,705 | 4,764 |
Interest Expense | -288.67 | -269.11 | -282.26 | -342.73 | -358.37 | -314.44 | -25.89 | -219.82 | -211.61 | -180.79 | -184.72 | -209.14 | -208.92 | -218.09 | -203.92 | -161.86 | -282.54 | -274.15 | -246.05 | -353.85 |
Interest & Investment Income | 121.81 | 112.33 | 125.88 | 207.13 | 191.63 | 140.77 | 154.08 | 197.69 | 168.5 | 185.29 | 174.67 | 202.23 | 241.13 | 243.8 | 215.86 | 218 | 158.94 | 140.62 | 88.8 | 86.9 |
Earnings From Equity Investments | 29.53 | 54.63 | 82.06 | -28.84 | 88.74 | 26.44 | 9.27 | -730.02 | 198.92 | 108.08 | 887.48 | 57.99 | 182.07 | 233.59 | 353.95 | 174.91 | 281.49 | 386.85 | 308.57 | -93.9 |
Currency Exchange Gain (Loss) | -70.02 | 30.78 | 15.39 | -680.67 | 150.62 | 28.07 | 6.24 | -911.51 | -154.82 | -377.79 | -320.64 | -1.18 | -359.56 | -299.91 | -189.73 | -371.27 | -315.08 | -46.57 | -241.79 | -14.3 |
Other Non Operating Income (Expenses) | -193.78 | -181.74 | -179.5 | 519.8 | -206.66 | -149.5 | -442.32 | 317.03 | -124.87 | -123.13 | -145.07 | -137.31 | -150.41 | -148.54 | -125.31 | -174.54 | -91.5 | -180.98 | -104.35 | -69.27 |
EBT Excluding Unusual Items | 2,285 | 2,025 | 1,513 | 867.4 | 1,436 | 1,190 | 1,078 | -442.68 | 1,799 | 1,222 | 2,277 | 1,564 | 1,906 | 2,462 | 4,242 | 1,987 | 3,932 | 5,430 | 4,510 | 4,320 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | 808.37 | - | - | - | - | - | - | - | - | - | - | - | - |
Asset Writedown | - | - | - | -1,965 | - | - | - | - | - | -199.63 | - | - | - | - | - | - | - | - | - | 6.56 |
Legal Settlements | - | - | - | - | - | - | - | - | - | - | - | -828 | - | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | -43.03 | - | -39.65 | - | - | - | - | - | - | - | - | - | - | - | - | - | -427.6 |
Pretax Income | 2,285 | 2,025 | 1,513 | -1,140 | 1,436 | 1,151 | 1,078 | 365.69 | 1,799 | 1,023 | 2,277 | 735.71 | 1,906 | 2,462 | 4,242 | 1,987 | 3,932 | 5,430 | 4,510 | 3,898 |
Income Tax Expense | 721.88 | 558.58 | 500.1 | 153.61 | 346.08 | 286.1 | 320.21 | 42.72 | 442.43 | 155.81 | 223.69 | 148.91 | 314.32 | 319.45 | 1,027 | 768.58 | 910.09 | 1,131 | 1,570 | 338.5 |
Earnings From Continuing Operations | 1,563 | 1,466 | 1,013 | -1,294 | 1,090 | 864.5 | 757.8 | 322.96 | 1,356 | 866.98 | 2,053 | 586.8 | 1,592 | 2,143 | 3,215 | 1,218 | 3,022 | 4,298 | 2,940 | 3,560 |
Minority Interest in Earnings | -8.94 | -12.26 | -11.31 | -4.41 | -10.49 | -8.21 | -8.31 | -6.94 | -8.84 | -7.87 | -9.09 | -8.85 | -10.27 | -6.81 | -9.48 | -10.81 | -11.39 | -16.38 | -15.47 | -64.83 |
Net Income | 1,554 | 1,454 | 1,002 | -1,298 | 1,079 | 856.29 | 749.49 | 316.02 | 1,347 | 859.11 | 2,044 | 577.95 | 1,582 | 2,136 | 3,206 | 1,208 | 3,011 | 4,282 | 2,925 | 3,495 |
Net Income to Common | 1,554 | 1,454 | 1,002 | -1,298 | 1,079 | 856.29 | 749.49 | 316.02 | 1,347 | 859.11 | 2,044 | 577.95 | 1,582 | 2,136 | 3,206 | 1,208 | 3,011 | 4,282 | 2,925 | 3,495 |
Net Income Growth (YoY) | 43.98% | 69.78% | 33.70% | - | -19.89% | -0.33% | -63.33% | -45.32% | -14.82% | -59.78% | -36.25% | -52.14% | -47.46% | -50.12% | 9.61% | -65.45% | -46.18% | 8.31% | 19.32% | 233.40% |
Shares Outstanding (Basic) | 1,962 | 1,966 | 1,974 | 1,960 | 1,992 | 2,010 | 2,034 | 2,059 | 2,099 | 2,104 | 2,101 | 2,099 | 2,113 | 2,099 | 2,097 | 1,978 | 2,123 | 2,147 | 2,151 | 2,149 |
Shares Outstanding (Diluted) | 1,971 | 1,975 | 1,984 | 1,960 | 2,000 | 2,018 | 2,045 | 2,066 | 2,107 | 2,113 | 2,111 | 2,110 | 2,124 | 2,110 | 2,109 | 1,989 | 2,133 | 2,158 | 2,161 | 2,159 |
Shares Change (YoY) | -1.46% | -2.13% | -3.02% | -5.12% | -5.08% | -4.47% | -3.09% | -2.10% | -0.79% | 0.13% | 0.07% | 6.10% | -0.40% | -2.24% | -2.38% | -7.90% | -1.20% | -0.05% | 0.09% | 0.06% |
EPS (Basic) | 0.79 | 0.74 | 0.51 | -0.66 | 0.54 | 0.43 | 0.37 | 0.15 | 0.64 | 0.41 | 0.97 | 0.28 | 0.75 | 1.02 | 1.53 | 0.61 | 1.42 | 1.99 | 1.36 | 1.63 |
EPS (Diluted) | 0.79 | 0.74 | 0.51 | -0.66 | 0.54 | 0.42 | 0.37 | 0.15 | 0.64 | 0.41 | 0.97 | 0.27 | 0.74 | 1.01 | 1.52 | 0.61 | 1.41 | 1.98 | 1.35 | -523.28 |
EPS Growth (YoY) | 46.11% | 73.47% | 37.87% | - | -15.60% | 4.33% | -62.22% | -44.15% | -14.14% | -59.83% | -36.18% | -54.89% | -47.25% | -48.98% | 12.28% | - | -45.37% | 7.82% | 19.22% | - |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,596 | 470.75 | 341.33 | 1,677 | 1,212 | -644.96 | -937.86 | 919.54 | 4,170 | 764.95 | -251.78 | 2,073 | 859.17 | 1,988 | 1,009 | 40.22 | 2,192 | 2,898 | 1,727 | 6,607 |
Free Cash Flow Per Share | 0.81 | 0.24 | 0.17 | 0.85 | 0.61 | -0.32 | -0.46 | 0.45 | 1.98 | 0.36 | -0.12 | 0.98 | 0.40 | 0.94 | 0.48 | 0.02 | 1.03 | 1.34 | 0.80 | 3.06 |
Dividend Per Share | 0.340 | 0.230 | 0.180 | 0.100 | 0.280 | 0.120 | 0.120 | 0.100 | 0.300 | 0.120 | 0.280 | 0.083 | 0.392 | 0.358 | 0.425 | 0.159 | 1.706 | 0.564 | 0.452 | 0.159 |
Dividend Growth (YoY) | 21.43% | 91.67% | 50.00% | 0% | -6.67% | 0% | -57.14% | 20.05% | -23.41% | -66.51% | -34.12% | -47.54% | -77.04% | -36.41% | -6.06% | 0% | 7.50% | 31.50% | 42.49% | -33.30% |
Gross Margin | 17.93% | 15.83% | 13.72% | 10.89% | 11.91% | 11.59% | 11.20% | 12.01% | 14.83% | 13.16% | 14.93% | 11.10% | 16.37% | 17.95% | 19.23% | 16.30% | 22.40% | 25.70% | 25.48% | 24.07% |
Operating Margin | 14.37% | 12.75% | 10.48% | 7.03% | 8.73% | 8.32% | 7.92% | 5.37% | 11.06% | 9.69% | 11.50% | 11.22% | 12.90% | 14.52% | 22.21% | 12.81% | 19.77% | 23.53% | 23.14% | 22.10% |
Profit Margin | 8.31% | 8.13% | 6.00% | -7.65% | 6.00% | 4.89% | 4.31% | 1.88% | 7.75% | 5.17% | 12.61% | 3.93% | 9.27% | 11.69% | 16.99% | 6.72% | 14.24% | 18.64% | 14.39% | 16.21% |
Free Cash Flow Margin | 8.54% | 2.63% | 2.04% | 9.88% | 6.74% | -3.68% | -5.40% | 5.47% | 24.00% | 4.60% | -1.55% | 14.09% | 5.04% | 10.88% | 5.35% | 0.22% | 10.37% | 12.62% | 8.50% | 30.65% |
EBITDA | 3,624 | 3,199 | 2,654 | 1,633 | 2,508 | 2,395 | 2,250 | 1,265 | 2,719 | 2,382 | 2,591 | 2,011 | 2,991 | 3,404 | 4,906 | 2,744 | 4,919 | 6,105 | 5,364 | 5,002 |
EBITDA Margin | 19.39% | 17.90% | 15.88% | 9.62% | 13.94% | 13.67% | 12.95% | 7.52% | 15.65% | 14.34% | 15.98% | 13.67% | 17.53% | 18.63% | 26.00% | 15.28% | 23.26% | 26.58% | 26.38% | 23.20% |
D&A For EBITDA | 937.9 | 920.78 | 902.39 | 440.13 | 937.55 | 936.54 | 873.84 | 361.32 | 796.28 | 771.32 | 725.79 | 359.98 | 789.15 | 752.45 | 714.78 | 442.3 | 737.52 | 701.21 | 658.81 | 237.75 |
EBIT | 2,686 | 2,278 | 1,752 | 1,193 | 1,570 | 1,459 | 1,377 | 903.95 | 1,923 | 1,611 | 1,865 | 1,651 | 2,202 | 2,651 | 4,191 | 2,302 | 4,181 | 5,404 | 4,705 | 4,764 |
EBIT Margin | 14.37% | 12.75% | 10.48% | 7.03% | 8.73% | 8.32% | 7.92% | 5.37% | 11.06% | 9.69% | 11.50% | 11.22% | 12.90% | 14.52% | 22.21% | 12.81% | 19.77% | 23.53% | 23.14% | 22.10% |
Effective Tax Rate | 31.59% | 27.59% | 33.04% | - | 24.10% | 24.87% | 29.70% | 11.68% | 24.60% | 15.23% | 9.83% | 20.24% | 16.49% | 12.97% | 24.21% | 38.68% | 23.14% | 20.83% | 34.80% | 8.68% |