Cleveland-Cliffs (CLF) Gross Profit (2009 - 2026)
Cleveland-Cliffs (CLF) posted quarterly Gross Profit of $132.0 million for Q2 2026, up 162.26% year-over-year from $50.3 million in Q2 2025, and up 260.98% quarter-over-quarter from -$82.0 million in Q1 2026.
Cleveland-Cliffs (CLF) Gross Profit (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has reported Gross Profit for 18 consecutive years, with $132.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Profit rose 162.26% year-over-year to $132.0 million; the TTM figure through Jun 2026 stood at -$202.0 million (up 79.53% YoY), while the FY2025 annual figure was -$860.0 million, down 1465.08% from the prior year.
- Gross Profit advanced to $132.0 million in Q2 2026 per CLF's latest filing, from -$82.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $1.2 billion in Q1 2022 and bottomed at -$396.0 million in Q1 2025.
- Historically, Gross Profit has averaged $174.9 million across 5 years, with a median of $115.5 million in 2023.
- Annual changes were most pronounced in 2023 — Gross Profit jumped 350.0% — and 2024, when it sank 282.0%.
- Cleveland-Cliffs' Gross Profit stood at -$60.0 million in 2022, then surged by 350.0% to $150.0 million in 2023, then tumbled by 282.0% to -$273.0 million in 2024, then climbed by 24.54% to -$206.0 million in 2025, then jumped by 164.08% to $132.0 million in 2026.
- Business Quant data shows CLF's Gross Profit at $132.0 million in Q2 2026, -$82.0 million in Q1 2026, and -$206.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 132.00 Mn |
| Jun 30, 2026 | 132.00 Mn |
| 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 | -212.00 Mn |
| Jun 30, 2025 | -212.00 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 |