Gerdau (GGB) Accumulated Expenses (2009 - 2026)

As of Dec 31, 2025, Gerdau reported Accumulated Expenses of $164.02 million, down 4.3% from the prior year.

• Annual Accumulated Expenses has a five-year compound annual growth rate of 7.1% (years ended Dec 2020 to Dec 2025).
• Across earlier years, Accumulated Expenses came in at $171.43 million in the year ended Dec 31, 2024 (+1.1%), $169.51 million in the year ended Dec 31, 2023 (-17.3%), $204.98 million in the year ended Dec 31, 2022 (-4.7%) and $214.98 million in the year ended Dec 31, 2021 (+85.1%).
• Quarterly Accumulated Expenses has ranged from $96.62 million in the quarter ended Mar 31, 2023 to $214.98 million in the quarter ended Dec 31, 2021 over the past five years.
• On a year-over-year basis, Accumulated Expenses has increased for three consecutive quarters, with growth averaging 0.7% over the last eight quarters.
• Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 96.2% in the quarter ended Dec 31, 2021, against a decline of 18.9% in the quarter ended Jun 30, 2023 at the low end.
• Per Business Quant, the preceding three quarters came in at $113.38 million (quarter ended Mar 31, 2026), $169.81 million (quarter ended Dec 31, 2025) and $168.72 million (quarter ended Sep 30, 2025).