Gerdau (GGB) Operating Expenses (2009 - 2026)
Gerdau's (GGB) quarterly Operating Expenses came in at -$64.8 million in Q2 2026, down 4.39% on a YoY basis from -$67.8 million in Q2 2025, and down 1.43% quarter-over-quarter from -$63.9 million in Q1 2026.
Analysis
Gerdau (GGB) Operating Expenses (2009 - 2026) Analysis & Trends
Gerdau (GGB) has reported Operating Expenses for 18 consecutive years, with -$64.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 4.39% year-over-year to -$64.8 million; the trailing twelve-month figure through Jun 2026 stood at -$246.4 million (down 707.97% YoY), and the FY2025 full-year result was -$239.8 million, up 0.75% from the prior year.
- Operating Expenses declined to -$64.8 million in Q2 2026 per GGB's latest filing, from -$63.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $89.6 million in Q1 2025 and bottomed at -$79.7 million in Q4 2022.
- Historically, Operating Expenses has averaged $11.5 million across 5 years, with a median of $49.5 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 114.73% in 2023, then plunged 175.63% in 2025.
- Over 5 years, Operating Expenses stood at -$79.7 million in 2022, then increased by 2.49% to -$77.7 million in 2023, then increased by 14.26% to -$66.6 million in 2024, then grew by 10.45% to -$59.7 million in 2025, then retreated by 8.66% to -$64.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$64.8 million, -$63.9 million, and -$59.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.29 Bn | 102.39 Bn | 941.02 Mn | -46.36 Mn |
| 2 | Nucor | 57.89 Bn | 55.19 Bn | 2.03 Bn | 405.00 Mn |
| 3 | Steel Dynamics | 34.09 Bn | 33.50 Bn | 958.97 Mn | 193.45 Mn |
| 4 | Gerdau | 10.15 Bn | 9.08 Bn | 558.98 Mn | -64.82 Mn |
| 5 | Commercial Metals | 7.40 Bn | 6.84 Bn | 455.14 Mn | 2.29 Bn |
| 6 | Cleveland-Cliffs | 6.73 Bn | 6.66 Bn | 132.00 Mn | 5.28 Bn |
| 7 | Posco Holdings | 4.65 Bn | -5.02 Bn | 1.11 Bn | -78.82 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.76 Bn | -1.07 Bn | 579.08 Mn | -503.33 Mn |
| 10 | SunCoke Energy | 864.28 Mn | 821.58 Mn | 100.40 Mn | 446.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -64.82 Mn |
| Mar 31, 2026 | -63.90 Mn |
| Dec 31, 2025 | -59.65 Mn |
| Sep 30, 2025 | -58.07 Mn |
| Jun 30, 2025 | -62.09 Mn |
| Mar 31, 2025 | 89.57 Mn |
| Dec 31, 2024 | -66.61 Mn |
| Sep 30, 2024 | 79.66 Mn |
| Jun 30, 2024 | 82.09 Mn |
| Mar 31, 2024 | 82.49 Mn |
| Dec 31, 2023 | -77.69 Mn |
| Sep 30, 2023 | 89.01 Mn |
| Jun 30, 2023 | 73.55 Mn |
| Mar 31, 2023 | 67.59 Mn |
| Dec 31, 2022 | -79.67 Mn |
| Sep 30, 2022 | 69.91 Mn |
| Jun 30, 2022 | 74.17 Mn |
| Mar 31, 2022 | 31.48 Mn |
| Dec 31, 2021 | -76.80 Mn |
| Sep 30, 2021 | 63.83 Mn |