How Gerdau makes money

Period

FY2025

How does Gerdau make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Gerdau S.A. · FY2025 · year ended 2025-12-31

Revenue$12.5BGross profit$1.4B · 11%Cost of revenue$11.1B · 89%Operating income$669M · 5%Operating expenses$756M · 6%Other opex$756M · 6%Pre-tax income$452M · 4%Other expense$217M · 2%Net income$254M · 2%Income tax$198M · 2%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.