Vale (VALE) Net Income (2009 - 2025)

Vale's (VALE) quarterly Net Income came in at -$2.1 billion in Q4 2025, down 2624.56% year-on-year from $83.4 million in Q4 2024, and down 180.62% quarter-over-quarter from $2.6 billion in Q3 2025.

Vale (VALE) Net Income (2009 - 2025) Analysis & Trends

Vale has disclosed Net Income across 17 years of filings, most recently posting -$2.1 billion for Q4 2025.

  • Net Income for Q4 2025 came in at -$2.1 billion, down 2624.56% year-over-year; the trailing twelve-month figure through Dec 2025 was $4.8 billion (down 43.4% YoY), and the FY2025 annual result was $2.0 billion, down 70.89% from the prior year.
  • Net Income came in at -$2.1 billion for Q4 2025 at Vale, down from $2.6 billion in the prior quarter.
  • In the past five years, Net Income ranged from a high of $3.1 billion in Q4 2023 to a low of -$2.1 billion in Q4 2025.
  • The 5-year median for Net Income is $2.1 billion (2025), against an average of $1.3 billion.
  • Across the five-year window, Net Income surged 199463.21% in 2023 and slumped 2624.56% in 2025, its largest moves.
  • Vale's Net Income stood at $91.3 million in 2021, then soared by 2094.46% to $2.0 billion in 2022, then surged by 57.17% to $3.1 billion in 2023, then tumbled by 102.45% to -$77.3 million in 2024, then plunged by 2624.56% to -$2.1 billion in 2025.
  • The last three Net Income figures came in at -$2.1 billion (Q4 2025), $2.6 billion (Q3 2025), and $2.1 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - -
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 76.17 Mn
4 Ioneer 10.78 Bn 10.76 Bn - -
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn -7.97 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 19.37 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 15.42 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -39.31 Mn
10 Vale 8.38 -7.83 Bn - -2.11 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -2.11 Bn
Sep 30, 2025 2.61 Bn
Jun 30, 2025 2.12 Bn
Mar 31, 2025 2.14 Bn
Dec 31, 2024 -77.26 Mn
Sep 30, 2024 2.73 Bn
Jun 30, 2024 2.76 Bn
Mar 31, 2024 3.01 Bn
Dec 31, 2023 3.15 Bn
Sep 30, 2023 2.99 Bn
Jun 30, 2023 2.72 Bn
Mar 31, 2023 2.29 Bn
Jun 30, 2022 2.00 Bn
Mar 31, 2022 1.15 Mn
Dec 31, 2021 91.25 Mn
Sep 30, 2021 -1.57 Bn
Jun 30, 2021 -604.03 Mn
Mar 31, 2021 -296.60 Mn
Dec 31, 2020 2.93 Bn
Sep 30, 2020 3.60 Bn