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Cleveland-Cliffs (CLF) Operating Expenses (2016 - 2026)

Cleveland-Cliffs (CLF) has disclosed Operating Expenses for 18 consecutive years, with $5.1 billion as the latest value for Q1 2026.

  • For Q1 2026, Operating Expenses fell 0.72% year-over-year to $5.1 billion; the TTM value through Mar 2026 reached $20.1 billion, up 1.36%, while the annual FY2025 figure was $20.2 billion, 1.21% up from the prior year.
  • Operating Expenses was $5.1 billion for Q1 2026 at Cleveland-Cliffs, up from $4.6 billion in the prior quarter.
  • The five-year high for Operating Expenses was $5.5 billion in Q2 2023, with the low at $4.6 billion in Q4 2025.
  • Historically, Operating Expenses has averaged $5.2 billion across 5 years, with a median of $5.2 billion in 2022.
  • The largest annual shift saw Operating Expenses soared 38.19% in 2022 before it dropped 8.52% in 2024.
  • Over 5 years, Operating Expenses stood at $5.2 billion in 2022, then grew by 0.08% to $5.2 billion in 2023, then fell by 8.41% to $4.8 billion in 2024, then fell by 3.05% to $4.6 billion in 2025, then increased by 10.57% to $5.1 billion in 2026.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $5.1 billion in Q1 2026, $4.6 billion in Q4 2025, and $4.9 billion in Q3 2025.