National Steel (SID) Operating Expenses (2013 - 2026)

National Steel has disclosed Operating Expenses across 14 years of filings, most recently posting -$423.4 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at -$423.4 million, down 50.86% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.3 billion (down 7.59% YoY), and the FY2025 annual result was -$1.4 billion, down 321.31% from the prior year.
• Operating Expenses came in at -$423.4 million for Q1 2026 at National Steel, up from -$1.4 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $200.7 million in Q1 2022 to a low of -$1.4 billion in Q4 2025.
• The 5-year median for Operating Expenses is -$352.1 million (2024), against an average of -$528.1 million.
• Across the five-year window, Operating Expenses tumbled 468.92% in 2022 and soared 81.63% in 2023, its largest moves.
• National Steel's Operating Expenses stood at -$1.1 billion in 2022, then retreated by 27.07% to -$1.4 billion in 2023, then advanced by 6.63% to -$1.3 billion in 2024, then decreased by 9.98% to -$1.4 billion in 2025, then jumped by 69.87% to -$423.4 million in 2026.
• The last three Operating Expenses figures came in at -$423.4 million (Q1 2026), -$1.4 billion (Q4 2025), and -$320.1 million (Q3 2025), per Business Quant data.