National Steel SID
NYSE SID
$1.33 +0.09 (+7.32%)
As of: Sep 9, 2026 · 3:59 PM EDT

National Steel (SID) Operating Expenses (2009 - 2026)

National Steel's (SID) quarterly Operating Expenses came in at -$503.3 million in Q2 2026, down 12.77% year-over-year from -$577.0 million in Q2 2025, and down 89.74% quarter-over-quarter from -$265.3 million in Q1 2026.

Analysis

National Steel (SID) Operating Expenses (2009 - 2026) Analysis & Trends

National Steel has disclosed Operating Expenses across 18 years of filings, most recently posting -$503.3 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 12.77% year-over-year to -$503.3 million; the TTM figure through Jun 2026 stood at -$2.4 billion (down 16.61% YoY), while the FY2025 annual figure was -$1.1 billion, down 258.7% from the prior year.
  • Operating Expenses came in at -$503.3 million for Q2 2026 at National Steel, down from -$265.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $131.5 million in Q3 2022 to a low of -$1.0 billion in Q4 2023.
  • Average Operating Expenses over 5 years is -$297.6 million, with a median of -$215.3 million recorded in 2024.
  • Year-over-year, Operating Expenses soared 399507.01% in 2022 and plunged 3343.89% in 2023.
  • Over 5 years, Operating Expenses stood at $31.9 million in 2022, then plunged by 3343.89% to -$1.0 billion in 2023, then rose by 22.71% to -$798.8 million in 2024, then decreased by 19.12% to -$951.5 million in 2025, then jumped by 47.1% to -$503.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$503.3 million in Q2 2026, -$265.3 million in Q1 2026, and -$951.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ternium 114.02 Bn 104.12 Bn 941.02 Mn -46.36 Mn
2 Nucor 58.75 Bn 56.06 Bn 2.03 Bn 405.00 Mn
3 Steel Dynamics 34.64 Bn 34.06 Bn 958.97 Mn 193.45 Mn
4 Gerdau 10.07 Bn 9.00 Bn 558.98 Mn -64.82 Mn
5 Commercial Metals 7.63 Bn 7.07 Bn 455.14 Mn 2.29 Bn
6 Cleveland-Cliffs 6.92 Bn 6.85 Bn 132.00 Mn 5.28 Bn
7 Posco Holdings 4.73 Bn -4.95 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 874.57 Mn 831.87 Mn 100.40 Mn 446.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -503.33 Mn
Mar 31, 2026 -265.28 Mn
Dec 31, 2025 -951.47 Mn
Sep 30, 2025 -697.53 Mn
Jun 30, 2025 -446.31 Mn
Mar 31, 2025 -207.62 Mn
Dec 31, 2024 -798.77 Mn
Sep 30, 2024 -620.56 Mn
Jun 30, 2024 -82.88 Mn
Mar 31, 2024 -223.01 Mn
Dec 31, 2023 -1.03 Bn
Sep 30, 2023 59.38 Mn
Jun 30, 2023 86.09 Mn
Mar 31, 2023 119.61 Mn
Dec 31, 2022 31.86 Mn
Sep 30, 2022 131.48 Mn
Jun 30, 2022 71.99 Mn
Mar 31, 2022 -27.43 Mn
Dec 31, 2021 6.43 Mn
Sep 30, 2021 -32,919.31