CLFCleveland-Cliffs Inc.
$13.90+2.5% 1Y
$13.90
$7.8252 weeks$16.18
The financials
Cleveland-Cliffs Inc. by the numbers
Cleveland-Cliffs Inc. (CLF) reported revenue of $5.61B in Q3 2026 (quarter ended Sep 30, 2026), up 19% from the same quarter a year earlier. That came with a gross margin of 8.3% and net income of $152M (2.7% of revenue). For the full year FY2025, revenue was $18.6B (−3.0% year on year) and net income −$1.48B. Its largest product in Q2 2026 (quarter ended Jun 30, 2026) was Hot Rolled Steel at $1.54B, 30.5% of the disclosed total, just ahead of Coated Steel at 30.3%. The next results filing is expected around Feb 8, 2027, the same week as a year ago.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $5.61B | $4.73B | +19% |
| Gross profit | $465M | −$46M | to a profit |
| Operating income | $311M | −$204M | to a profit |
| Net income | $152M | −$251M | to a profit |
| Diluted EPS | $0.26 | −$0.51 | to a profit |
| Product | Revenue | Share |
|---|---|---|
| Hot Rolled Steel | $1.54B | 30% |
| Coated Steel | $1.53B | 30% |
| Cold Rolled Steel | $660M | 13% |
| Other | $527M | 10% |
| Stainless And Electrical Steel | $525M | 10% |
| Plate Steel | $253M | 5.0% |
| Other Steel Products | $16M | 0.3% |
Business segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $5.05B (+6.2%)
Other grew +26% year on yearOther Steel Products -94% year on year
Segment Latestquarter on quarteryear on year
- Hot Rolled Steel$1.54B$1.54Bquarter on quarter +9.1%year on year +16%+9.1%+16%
- Coated Steel$1.53B$1.53Bquarter on quarter +7.1%year on year +10%+7.1%+10%
- Cold Rolled Steel$660.0M$660.0Mquarter on quarter +3.6%year on year +2.3%+3.6%+2.3%
- Other$527.0M$527.0Mquarter on quarter +17%year on year +26%+17%+26%
- Stainless And Electrical Steel$525.0M$525.0Mquarter on quarter +13%year on year +21%+13%+21%
- Plate Steel$253.0M$253.0Mquarter on quarter -0.39%year on year -8.0%-0.39%-8.0%
- Other Steel Products$16.0M$16.0Mquarter on quarter n/ayear on year -94%n/a-94%
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