Gerdau (GGB) Cost of Revenue (2009 - 2026)
Gerdau (GGB) reported Cost of Revenue of $2.7 billion for Q1 2026, up 4.07% on a YoY basis from $2.6 billion in Q1 2025, and up 132.13% quarter-over-quarter from -$8.5 billion in Q4 2025.
Gerdau (GGB) Cost of Revenue (2009 - 2026) Analysis & Trends
Gerdau has reported Cost of Revenue for 18 years, with the latest figure at $2.7 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 4.07% year-over-year to $2.7 billion; the trailing twelve-month figure through Mar 2026 stood at -$144.4 million (down 117.92% YoY), and the FY2025 full-year result was $145.1 million, up 10.59% from the prior year.
- Cost of Revenue for Q1 2026 stood at $2.7 billion, up from -$8.5 billion in the prior quarter.
- The five-year high for Cost of Revenue was $3.5 billion in Q2 2022, with the low at -$8.8 billion in Q4 2023.
- Historically, Cost of Revenue has averaged $933.2 million across 5 years, with a median of $2.8 billion in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 34.77% — and 2023, when it tumbled 409.45%.
- Gerdau's Cost of Revenue stood at $2.9 billion in 2022, then plunged by 409.45% to -$8.8 billion in 2023, then advanced by 17.79% to -$7.3 billion in 2024, then declined by 17.3% to -$8.5 billion in 2025, then soared by 132.13% to $2.7 billion in 2026.
- The last three Cost of Revenue figures came in at $2.7 billion (Q1 2026), -$8.5 billion (Q4 2025), and $2.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 3.25 Bn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 8.00 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 4.44 Bn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 2.85 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 5.00 Bn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | 308.82 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 208.42 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 521.80 Mn |
| 10 | Gerdau | 21.17 Mn | -1.11 Bn | 435.85 Mn | 2.74 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.74 Bn |
| Mar 31, 2026 | 2.74 Bn |
| Dec 31, 2025 | -8.53 Bn |
| Dec 31, 2025 | -8.53 Bn |
| Sep 30, 2025 | 2.91 Bn |
| Sep 30, 2025 | 2.91 Bn |
| Jun 30, 2025 | 2.74 Bn |
| Jun 30, 2025 | 2.74 Bn |
| Mar 31, 2025 | 2.63 Bn |
| Mar 31, 2025 | 2.63 Bn |
| Dec 31, 2024 | -7.27 Bn |
| Dec 31, 2024 | -7.27 Bn |
| Sep 30, 2024 | 2.67 Bn |
| Sep 30, 2024 | 2.67 Bn |
| Jun 30, 2024 | 2.78 Bn |
| Jun 30, 2024 | 2.78 Bn |
| Mar 31, 2024 | 2.79 Bn |
| Mar 31, 2024 | 2.79 Bn |
| Dec 31, 2023 | -8.84 Bn |
| Dec 31, 2023 | -8.84 Bn |