Cleveland-Cliffs (CLF) Gross Profit (2009 - 2026)

Cleveland-Cliffs (CLF) reported Gross Profit of -$82.0 million for Q1 2026, up 79.29% year-over-year from -$45.7 million in Q1 2025, and up 60.19% quarter-over-quarter from -$206.0 million in Q4 2025.

Cleveland-Cliffs (CLF) Gross Profit (2009 - 2026) Analysis & Trends

Cleveland-Cliffs (CLF) has 18 years of Gross Profit data on file, last reported at -$82.0 million in Q1 2026.

  • Gross Profit for Q1 2026 came in at -$82.0 million, up 79.29% year-over-year; the trailing twelve-month figure through Mar 2026 was -$543.0 million (up 11.42% YoY), and the FY2025 annual result was -$860.0 million, down 1465.08% from the prior year.
  • Gross Profit grew to -$82.0 million in Q1 2026 per CLF's latest filing, from -$206.0 million in the prior quarter.
  • Over five years, Gross Profit peaked at $1.2 billion in Q1 2022 and troughed at -$396.0 million in Q1 2025.
  • A 5-year average of $177.6 million and a median of $99.0 million in 2023 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2023 and 2024: Gross Profit jumped 350.0% in 2023, then sank 282.0% in 2024.
  • A 5-year view of Gross Profit shows it stood at -$60.0 million in 2022, then jumped by 350.0% to $150.0 million in 2023, then slumped by 282.0% to -$273.0 million in 2024, then advanced by 24.54% to -$206.0 million in 2025, then jumped by 60.19% to -$82.0 million in 2026.
  • Business Quant data shows CLF's Gross Profit at -$82.0 million in Q1 2026, -$206.0 million in Q4 2025, and -$46.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn
3 ArcelorMittal 51.15 Bn 48.81 Bn -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -82.00 Mn
Mar 31, 2026 -82.00 Mn
Dec 31, 2025 -206.00 Mn
Dec 31, 2025 -206.00 Mn
Sep 30, 2025 -46.00 Mn
Sep 30, 2025 -46.00 Mn
Jun 30, 2025 -209.00 Mn
Jun 30, 2025 -209.00 Mn
Mar 31, 2025 -396.00 Mn
Mar 31, 2025 -396.00 Mn
Dec 31, 2024 -273.00 Mn
Dec 31, 2024 -273.00 Mn
Sep 30, 2024 -106.00 Mn
Sep 30, 2024 -106.00 Mn
Jun 30, 2024 162.00 Mn
Jun 30, 2024 162.00 Mn
Mar 31, 2024 285.00 Mn
Mar 31, 2024 285.00 Mn
Dec 31, 2023 150.00 Mn
Dec 31, 2023 150.00 Mn