Cleveland-Cliffs Gross Profit Growth & History (CLF)
Cleveland-Cliffs's gross profit was −$860.0M for fiscal 2025.
View full Cleveland-Cliffs company overviewCleveland-Cliffs annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$860.0M | −$923.0M | — |
| 2024 | 2024-12-31 | $63.0M | −$1.31B | −95.41% |
| 2023 | 2023-12-31 | $1.37B | −$1.15B | −45.47% |
| 2022 | 2022-12-31 | $2.52B | −$2.02B | −44.46% |
| 2021 | 2021-12-31 | $4.53B | $4.28B | +1699.21% |
| 2020 | 2020-12-31 | $252.0M | −$323.7M | −56.23% |
| 2019 | 2019-12-31 | $575.7M | −$233.9M | −28.89% |
| 2018 | 2018-12-31 | $809.6M | $342.0M | +73.14% |
| 2017 | 2017-12-31 | $467.6M | $187.5M | +66.94% |
| 2016 | 2016-12-31 | $280.1M | $43.6M | +18.44% |
| 2015 | 2015-12-31 | $236.5M | −$649.2M | −73.30% |
| 2014 | 2014-12-31 | $885.7M | −$598.7M | −40.33% |
| 2013 | 2013-12-31 | $1.48B | $312.3M | +26.64% |
| 2012 | 2012-12-31 | $1.17B | −$1.44B | −55.11% |
| 2011 | 2011-12-31 | $2.61B | $1.15B | +78.99% |
| 2010 | 2010-12-31 | $1.46B | $1.15B | +367.98% |
| 2009 | 2009-12-31 | $311.7M | −$848.0M | −73.12% |
| 2008 | 2008-12-31 | $1.16B | $697.7M | +151.02% |
| 2007 | 2007-12-31 | $462.0M | — | — |
Cleveland-Cliffs quarterly gross profit
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $132.0M | $344.0M | — |
| Q1 2026 | 2026-03-31 | −$82.0M | $314.0M | — |
| Q4 2025 | 2025-12-31 | −$206.0M | $72.0M | — |
| Q3 2025 | 2025-09-30 | −$46.0M | $60.0M | — |
| Q2 2025 | 2025-06-30 | −$212.0M | −$374.0M | — |
| Q1 2025 | 2025-03-31 | −$396.0M | −$681.0M | — |
| Q4 2024 | 2024-12-31 | −$278.0M | −$428.0M | — |
| Q3 2024 | 2024-09-30 | −$106.0M | −$586.0M | — |
| Q2 2024 | 2024-06-30 | $162.0M | −$482.0M | −74.84% |
| Q1 2024 | 2024-03-31 | $285.0M | $186.0M | +187.88% |
| Q4 2023 | 2023-12-31 | $150.0M | $210.0M | — |
| Q3 2023 | 2023-09-30 | $480.0M | $132.0M | +37.93% |
| Q2 2023 | 2023-06-30 | $644.0M | −$337.0M | −34.35% |
| Q1 2023 | 2023-03-31 | $99.0M | −$1.15B | −92.07% |
| Q4 2022 | 2022-12-31 | −$60.0M | −$1.33B | — |
| Q3 2022 | 2022-09-30 | $348.0M | −$1.43B | −80.39% |
| Q2 2022 | 2022-06-30 | $981.0M | −$216.0M | −18.05% |
| Q1 2022 | 2022-03-31 | $1.25B | $961.0M | +333.68% |
| Q4 2021 | 2021-12-31 | $1.27B | $1.03B | +424.28% |
| Q3 2021 | 2021-09-30 | $1.77B | $1.65B | +1366.94% |
| Q2 2021 | 2021-06-30 | $1.20B | $1.31B | — |
| Q1 2021 | 2021-03-31 | $288.0M | $285.0M | +9500.00% |
| Q4 2020 | 2020-12-31 | $243.0M | $116.1M | +91.49% |
| Q3 2020 | 2020-09-30 | $121.0M | −$33.9M | −21.89% |
| Q2 2020 | 2020-06-30 | −$115.0M | −$378.0M | — |
| Q1 2020 | 2020-03-31 | $3.0M | −$27.9M | −90.29% |
| Q4 2019 | 2019-12-31 | $126.9M | −$75.1M | −37.18% |
| Q3 2019 | 2019-09-30 | $154.9M | −$106.7M | −40.79% |
| Q2 2019 | 2019-06-30 | $263.0M | −$21.5M | −7.56% |
| Q1 2019 | 2019-03-31 | $30.9M | −$30.6M | −49.76% |
| Q4 2018 | 2018-12-31 | $202.0M | $85.9M | +73.99% |
| Q3 2018 | 2018-09-30 | $261.6M | $103.8M | +65.78% |
| Q2 2018 | 2018-06-30 | $284.5M | $139.8M | +96.61% |
| Q1 2018 | 2018-03-31 | $61.5M | $12.5M | +25.51% |
| Q4 2017 | 2017-12-31 | $116.1M | −$65.4M | −36.03% |
| Q3 2017 | 2017-09-30 | $157.8M | $72.4M | +84.78% |
| Q2 2017 | 2017-06-30 | $144.7M | $53.2M | +58.14% |
| Q1 2017 | 2017-03-31 | $49.0M | $18.1M | +58.58% |
| Q4 2016 | 2016-12-31 | $181.5M | $138.2M | +319.17% |
| Q3 2016 | 2016-09-30 | $85.4M | $30.3M | +54.99% |
| Q2 2016 | 2016-06-30 | $91.5M | $34.2M | +59.69% |
| Q1 2016 | 2016-03-31 | $30.9M | −$49.9M | −61.76% |
| Q4 2015 | 2015-12-31 | $43.3M | −$212.7M | −83.09% |
| Q3 2015 | 2015-09-30 | $55.1M | −$201.1M | −78.49% |
| Q2 2015 | 2015-06-30 | $57.3M | −$126.2M | −68.77% |
| Q1 2015 | 2015-03-31 | $80.8M | −$109.2M | −57.47% |
| Q4 2014 | 2014-12-31 | $256.0M | −$38.5M | −13.07% |
| Q3 2014 | 2014-09-30 | $256.2M | −$92.5M | −26.53% |
| Q2 2014 | 2014-06-30 | $183.5M | −$84.7M | −31.58% |
| Q1 2014 | 2014-03-31 | $190.0M | −$47.9M | −20.13% |
| Q4 2013 | 2013-12-31 | $294.5M | $56.0M | +23.48% |
| Q3 2013 | 2013-09-30 | $348.7M | $150.4M | +75.84% |
| Q2 2013 | 2013-06-30 | $268.2M | −$175.2M | −39.51% |
| Q1 2013 | 2013-03-31 | $237.9M | −$53.9M | −18.47% |
| Q4 2012 | 2012-12-31 | $238.5M | −$241.6M | −50.32% |
| Q3 2012 | 2012-09-30 | $198.3M | −$644.8M | −76.48% |
| Q2 2012 | 2012-06-30 | $443.4M | −$288.2M | −39.39% |
| Q1 2012 | 2012-03-31 | $291.8M | −$307.7M | −51.33% |
| Q4 2011 | 2011-12-31 | $480.1M | −$3.4M | −0.70% |
| Q3 2011 | 2011-09-30 | $843.1M | $365.8M | +76.64% |
| Q2 2011 | 2011-06-30 | $731.6M | $316.4M | +76.20% |
| Q1 2011 | 2011-03-31 | $599.5M | $449.0M | +298.34% |
| Q4 2010 | 2010-12-31 | $483.5M | $308.5M | +176.29% |
| Q3 2010 | 2010-09-30 | $477.3M | $374.1M | +362.50% |
| Q2 2010 | 2010-06-30 | $415.2M | $426.9M | — |
| Q1 2010 | 2010-03-31 | $150.5M | $108.1M | +254.95% |
| Q4 2009 | 2009-12-31 | $175.0M | — | — |
| Q3 2009 | 2009-09-30 | $103.2M | −$261.8M | −71.73% |
| Q2 2009 | 2009-06-30 | −$11.7M | −$438.0M | — |
| Q1 2009 | 2009-03-31 | $42.4M | — | — |
| Q3 2008 | 2008-09-30 | $365.0M | — | — |
| Q2 2008 | 2008-06-30 | $426.3M | — | — |
Cleveland-Cliffs gross profit trends
Over the last five fiscal years, Cleveland-Cliffs's gross profit decreased from $252.0M to −$860.0M, a change of −$1.11B. The latest reported quarter, Q2 2026, shows $132.0M.
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cleveland-Cliffs source filings ↗