Gerdau (GGB) Operating Expenses (2009 - 2026)
Gerdau (GGB) posted quarterly Operating Expenses of -$63.9 million for Q1 2026, down 7.3% year-over-year from -$68.9 million in Q1 2025, and down 114.63% quarter-over-quarter from $436.9 million in Q4 2025.
Gerdau (GGB) Operating Expenses (2009 - 2026) Analysis & Trends
Gerdau's Operating Expenses history runs 18 years deep, the most recent figure standing at -$63.9 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 7.3% year-over-year to -$63.9 million; the TTM figure through Mar 2026 stood at $252.8 million (up 11.45% YoY), while the FY2025 annual figure was $248.3 million, up 2.76% from the prior year.
- Operating Expenses for Q1 2026 stood at -$63.9 million, down from $436.9 million in the prior quarter.
- The five-year high for Operating Expenses was $612.7 million in Q4 2022, with the low at -$78.4 million in Q2 2023.
- The 5-year median for Operating Expenses is -$63.9 million (2026), against an average of $66.4 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 897.73% in 2022, then dropped 20.63% in 2024.
- Gerdau's Operating Expenses stood at $612.7 million in 2022, then slipped by 14.33% to $524.8 million in 2023, then retreated by 20.63% to $416.6 million in 2024, then climbed by 4.87% to $436.9 million in 2025, then slumped by 114.63% to -$63.9 million in 2026.
- Business Quant data shows GGB's Operating Expenses at -$63.9 million in Q1 2026, $436.9 million in Q4 2025, and -$58.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 109.90 Bn | 100.01 Bn | 941.02 Mn | -427.76 Mn |
| 2 | Nucor | 56.52 Bn | 53.82 Bn | 2.03 Bn | 405.00 Mn |
| 3 | ArcelorMittal | 55.64 Bn | 50.79 Bn | - | -780.00 Mn |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 193.45 Mn |
| 5 | Reliance | 19.72 Bn | 19.48 Bn | 1.30 Bn | 4.19 Bn |
| 6 | Cleveland-Cliffs | 6.55 Bn | 6.48 Bn | 132.00 Mn | 5.28 Bn |
| 7 | Gerdau | 5.48 Bn | 4.34 Bn | 558.98 Mn | -64.82 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.85 Bn | 1.04 Bn | -65.40 Mn |
| 10 | Worthington Steel | 1.72 Bn | 1.64 Bn | 118.80 Mn | 81.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -64.82 Mn |
| Mar 31, 2026 | -63.90 Mn |
| Dec 31, 2025 | 436.87 Mn |
| Sep 30, 2025 | -58.07 Mn |
| Jun 30, 2025 | -62.09 Mn |
| Mar 31, 2025 | -59.55 Mn |
| Dec 31, 2024 | 416.58 Mn |
| Sep 30, 2024 | -63.93 Mn |
| Jun 30, 2024 | -66.25 Mn |
| Mar 31, 2024 | -64.29 Mn |
| Dec 31, 2023 | 524.84 Mn |
| Sep 30, 2023 | -72.71 Mn |
| Jun 30, 2023 | -78.39 Mn |
| Mar 31, 2023 | -70.06 Mn |
| Dec 31, 2022 | 612.66 Mn |
| Sep 30, 2022 | -70.86 Mn |
| Jun 30, 2022 | -68.94 Mn |
| Mar 31, 2022 | -62.46 Mn |
| Dec 31, 2021 | -76.80 Mn |
| Sep 30, 2021 | -65.12 Mn |