GERDAU S.A.

GGB · XNYS

CIK 1073404fmd_02R7E6KM4XCRRDAKVYTNJCAVQEManufacturing · Steel Works, Blast Furnaces & Rolling & Finishing MillsTemplate: Standard

Coverage: Jan 01, 2015 to Dec 31, 2025, 13 periods

Income Statement · Annual · Millions · BRL
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	37,652	36,918	46,159	39,644	43,815	78,345	82,412	68,916	67,027	69,859
Cost of revenue	34,188	33,313	40,010	35,441	37,884	57,528	63,661	57,584	57,823	61,891
Gross profit	3,464	3,605	6,149	4,203	5,931	20,817	18,751	11,332	9,203	7,967
Selling, general and administrative	2,239	1,655	1,653	1,430	1,530	2,106	2,188	2,208	2,167	2,121
Operating income	(1,636)	1,100	4,047	3,184	5,194	21,023	17,751	10,453	7,487	3,739
Interest expense	2,010	1,726	1,579	1,470	1,448	1,433	1,563	1,397	1,508	2,073
Income before taxes	(2,582)	(43)	2,157	1,675	3,496	20,273	15,859	9,347	5,464	2,524
Income tax expense	304	295	(169)	458	1,108	4,714	4,379	1,810	865	1,106
Net income from continuing operations	(2,886)	(339)	2,326	1,217	2,388	15,559	11,480	7,537	4,599	1,418
Net income	(2,891)	(359)	2,304	1,204	2,366	15,494	11,426	7,502	4,566	1,387
Net income to common shareholders	(970)	(120)	–	–	–	–	–	–	–	–