Quarterly ResultAug 5, 2026, 08:26 AM
Gerdau Q2 Adjusted Net Income R$1.5B (+45%); EBITDA R$3.4B (+16%)
AI Summary
Gerdau S.A. reported strong second-quarter 2026 results with adjusted net income of R$1.5 billion, a 45% increase from the previous quarter, and adjusted EBITDA of R$3.4 billion, up 16%. The company achieved positive free cash flow of R$237 million and maintained a solid balance sheet with leverage at 0.69x ND/EBITDA. Performance was driven by strong results in North America, with over 7% volume growth, and gradual improvement in Brazil, where EBITDA increased 15% quarter-over-quarter. Gerdau also increased its energy self-generation to over 50% and announced dividends and share buybacks.
Key Highlights
- 2Q26 Adjusted Net Income R$1.5 billion, up 45% quarter-over-quarter.
- 2Q26 Adjusted EBITDA R$3.4 billion, a 16% increase from 1Q26.
- Earnings Per Share (EPS) reached R$0.74, up from R$0.51 in 1Q26.
- North America volumes grew over 7% year-over-year, contributing to strong results.
- Brazil segment EBITDA increased 15% quarter-over-quarter, showing gradual recovery.
- Increased energy self-generation to over 50% of total consumption.
- Declared dividends of R$0.23/share for Gerdau S.A. and R$0.11/share for Metalúrgica Gerdau S.A.
- Repurchased ~R$334 million in Gerdau S.A. shares and ~R$21 million in Metalúrgica Gerdau S.A. shares.
Price Impact
More from GGB