GGBNYSESteel Works, Blast Furnaces & Rolling & Finishing MillsFiscal year ends December 31
GERDAU S.A.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 13, 2026
$5.13+0.11 (+2.19%)
Close on Oct 19, 2026
GERDAU S.A. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 35.79B BRL | 31.93B BRL | 33.18B BRL | 31.10B BRL | 27.84B BRL | 17.46B BRL | 14.66B BRL | 19.93B BRL | 15.43B BRL | 15.43B BRL | 51.2% | +12.1% |
| Brazil Operation | 29.69B BRL | 30.22B BRL | 31.20B BRL | 32.97B BRL | 34.76B BRL | 17.75B BRL | 16.12B BRL | 15.75B BRL | 12.56B BRL | 11.63B BRL | 42.5% | -1.8% |
| South America | 5.56B BRL | 5.76B BRL | 5.12B BRL | 7.18B BRL | 6.86B BRL | 3.83B BRL | 3.26B BRL | 3.80B BRL | 4.03B BRL | 4.78B BRL | 8.0% | -3.4% |
| North America Operation | – | – | – | – | – | – | – | – | 15.43B BRL | 15.43B BRL | – | – |
| Brazil Operation | – | – | – | – | – | – | – | – | 12.56B BRL | 11.63B BRL | – | – |
| Special Steels Operation | – | – | – | – | – | – | – | – | 6.23B BRL | 6.88B BRL | – | – |
| South America Operation | – | – | – | – | – | – | – | – | 4.03B BRL | 4.78B BRL | – | – |
| Special Steel | – | 10.99B BRL | 11.39B BRL | 13.63B BRL | 10.98B BRL | 6.10B BRL | 6.70B BRL | 8.16B BRL | 6.23B BRL | 6.88B BRL | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | – | 3.75B BRL | 5.74B BRL | 8.64B BRL | 5.10B BRL | 511.67M BRL | 779.58M BRL | 1.10B BRL | -1.11B BRL | -2.66B BRL | – |
| Brazil Operation | – | 1.51B BRL | 1.73B BRL | 5.10B BRL | 11.63B BRL | 3.02B BRL | 1.51B BRL | 2.10B BRL | 969.94M BRL | 553.53M BRL | – |
| South America | – | 663.69M BRL | 1.23B BRL | 1.78B BRL | 1.66B BRL | 813.33M BRL | 459.45M BRL | 473.78M BRL | 352.29M BRL | 338.19M BRL | – |
| North America Operation | – | – | – | – | – | – | – | – | -1.11B BRL | -2.66B BRL | – |
| Brazil Operation | – | – | – | – | – | – | – | – | 969.94M BRL | 553.53M BRL | – |
| Special Steels Operation | – | – | – | – | – | – | – | – | 791.16M BRL | 375.19M BRL | – |
| South America Operation | – | – | – | – | – | – | – | – | 352.29M BRL | 338.19M BRL | – |
| Special Steel | – | 1.41B BRL | 1.40B BRL | 2.20B BRL | 1.42B BRL | 114.18M BRL | 404.06M BRL | 933.69M BRL | 791.16M BRL | 375.19M BRL | – |
By product or service
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 35.79B BRL | 31.93B BRL | 5.12B BRL | – | – | – | – | – | 18.14B BRL | 17.92B BRL | 51.2% | +12.1% |
| Brazil | 28.51B BRL | 29.34B BRL | 30.62B BRL | 36.42B BRL | 37.73B BRL | 18.80B BRL | 17.57B BRL | 17.28B BRL | 13.45B BRL | 12.23B BRL | 40.8% | -2.8% |
| South America | 5.56B BRL | 5.76B BRL | 33.18B BRL | – | – | – | – | – | – | – | 8.0% | -3.4% |
| Europe/Asia | – | – | – | – | – | – | – | 565.34M BRL | 555.50M BRL | 1.68B BRL | – | – |
| Latin America | – | 5.83B BRL | 8.00B BRL | 8.29B BRL | 8.57B BRL | 5.00B BRL | 4.20B BRL | 4.79B BRL | 4.77B BRL | 5.83B BRL | – | – |
| North America | – | 31.93B BRL | 33.18B BRL | 37.70B BRL | 32.04B BRL | 20.02B BRL | 17.87B BRL | 23.52B BRL | 18.14B BRL | 17.92B BRL | – | – |
From the segment and revenue-disaggregation notes of Gerdau's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.