Caraíba (Brazil) was Ero Copper’s largest segment in fiscal 2025, bringing in $358.29M of $785.84M (46%).
| Segments [axis] | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Mcsa | $351.41M | — | — | — | ||
| Mcsa (Brazil) | — | — | — | — | ||
| Caraíba (Brazil) | — | $320.60M | $311.78M | $358.29M | ||
| Tucumã (Brazil) | — | — | $31.18M | $261.45M | ||
| Xavantina (Brazil) | — | $106.88M | $127.30M | $166.11M | ||
| Nx Gold | $74.99M | — | — | — | ||
| Nx Gold (Brazil) | — | — | — | — | ||
| Total | $426.39M | $427.48M | $470.26M | $785.84M |
Ero Copper brought in $785.84M from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 67.1% from $470.26M in fiscal 2024. Caraíba (Brazil) was the largest at $358.29M (45.6%), ahead of Tucumã (Brazil) at $261.45M (33.3%) and Xavantina (Brazil) at $166.11M (21.1%).
Compared with fiscal 2024, Tucumã (Brazil) grew fastest, up 738.5% to $261.45M. Every segment above 2% of revenue grew.
Ero Copper began breaking out Caraíba (Brazil) in fiscal 2023, Tucumã (Brazil) in fiscal 2024 and Xavantina (Brazil) in fiscal 2023. Ero Copper stopped reporting Mcsa ($351.41M in fiscal 2022) and Nx Gold ($74.99M in fiscal 2022) as separate segments.
Copper was Ero Copper’s largest revenue line in fiscal 2025, bringing in $619.74M of $725.98M (85%).
| Products and services [axis] | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Copper | $366.47M | $300.38M | $342.96M | $619.74M | ||
| Gold | $60.21M | $106.88M | $127.30M | $106.25M | ||
| Total | $426.68M | $407.26M | $470.26M | $725.98M |
Ero Copper brought in $725.98M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $785.84M it reports by segments [axis], so these revenue lines do not cover all of its revenue. Copper was the largest at $619.74M (85.4%), ahead of Gold at $106.25M (14.6%).
Compared with fiscal 2024, Copper grew 80.7% to $619.74M, while Gold fell 16.5% to $106.25M.
Export was Ero Copper’s largest revenue line in fiscal 2022, bringing in $313.63M of $366.47M (86%).
| Types of customers [axis] | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|
| Export | $96.85M | $295.68M | $313.63M |
| Domestic | $161.80M | $131.60M | $52.84M |
| Total | $258.66M | $427.28M | $366.47M |
Ero Copper brought in $366.47M from its two revenue lines in fiscal 2022, the year ended December 31, 2022. That was down 14.2% from $427.28M in fiscal 2021. Export was the largest at $313.63M (85.6%), ahead of Domestic at $52.84M (14.4%).
Compared with fiscal 2021, Export grew 6.1% to $313.63M, while Domestic fell 59.8% to $52.84M. From fiscal 2020 to 2022, combined revenue from these revenue lines grew from $258.66M to $366.47M, a compound annual growth rate of 19.0%. Export's share of the total rose from 37.4% to 85.6%.
Ero Copper (ERO) reports its revenue by segments [axis], by products and services [axis] and by types of customers [axis]. In fiscal 2025, Caraíba (Brazil) was its largest segment, bringing in $358.29M (45.6% of the total), followed by Tucumã (Brazil) at $261.45M (33.3%).
Caraíba (Brazil) was Ero Copper's largest segment in fiscal 2025, bringing in $358.29M, or 45.6% of the $785.84M total across its three segments.
Copper was Ero Copper's largest revenue line in fiscal 2025, bringing in $619.74M, or 85.4% of the $725.98M total across its two revenue lines.
Among Ero Copper's segments that make up at least 2% of revenue, Tucumã (Brazil) grew fastest in fiscal 2025, up 738.5% from $31.18M to $261.45M.
Every figure comes from Ero Copper's annual financial filings, as reported. Each line keeps the name Ero Copper gives it, and years follow its fiscal calendar.
Ero Copper's revenue by segments [axis] goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.