Gerdau (GGB) Operating Income (2009 - 2026)

Over the twelve months ended Jun 30, 2026, Gerdau's Operating Income came in at $1.98 billion, up 12.6% year-over-year; for the year ended Dec 31, 2025, it was $669.87 million, down 52.1% from the prior year.

• Operating Income has declined for four consecutive years, with a five-year compound annual growth rate of -8.1% (years ended Dec 2020 to Dec 2025).
• By year, Operating Income came in at $1.4 billion in the year ended Dec 31, 2024 (-33.3%), $2.09 billion in the year ended Dec 31, 2023 (-39.2%), $3.44 billion in the year ended Dec 31, 2022 (-8.6%) and $3.77 billion in the year ended Dec 31, 2021 (+269.6%).
• The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Operating Income since the quarter ended Sep 30, 2023.
• Year over year, Operating Income gained in three of the last eight quarters, with an average decline of 0.1%.
• The high point for year-over-year Operating Income in five years was the quarter ended Sep 30, 2021 (growth of 259.5%); the low point was the quarter ended Jun 30, 2023 (a decline of 41.9%).
• Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $499.75 million (quarter ended Mar 31, 2026), $402.48 million (quarter ended Dec 31, 2025) and $451.22 million (quarter ended Sep 30, 2025).