NYSE:CLF | Income Statement | CLEVELAND-CLIFFS INC.

Complete source-backed income-statement history.

Available history
2007-12-31 to 2026-06-30
Data captured

Historical Income Statement

DateRevenueCost of revenueGross profitR&D expenseSG&A expenseOperating expensesOperating incomeNonoperating income/expensePre-tax incomeIncome taxNet incomeBasic EPSDiluted EPSBasic sharesDiluted shares
2026-06-30$5.23B$5.09B$154M-$49M-$103M-$152M-$20M-$145M-$0.25-$0.25571,000,000571,000,000
2026-03-31$4.92B$5B$125M-$213M-$94M-$307M-$81M-$237M-$0.42-$0.42570,000,000570,000,000
2025-12-31$4.31B$4.52B$144M-$331M-$108M-$439M-$206M-$243M-$0.42-$0.4213,000,00013,000,000
2025-09-30$4.73B$4.78B$130M-$204M-$105M-$309M-$78M-$251M-$0.51-$0.51495,000,000495,000,000
2025-06-30$4.93B$5.15B$137M-$501M-$120M-$621M-$148M-$486M-$0.98-$0.98495,000,000495,000,000
2025-03-31$4.63B$5.03B$133M-$543M-$92M-$635M-$149M-$498M-$1.01-$1.01495,000,000495,000,000
2024-12-31$4.33B$4.6B$139M-$465M-$105M-$570M-$136M-$447M-$0.92-$0.922,000,0002,000,000
2024-09-30$4.57B$4.68B$112M-$261M-$47M-$308M-$76M-$244M-$0.52-$0.52468,000,000468,000,000
2024-06-30$5.09B$4.93B$103M$6M-$12M-$6M-$15M$2M$0.00$0.00473,000,000474,000,000
2024-03-31$5.2B$4.91B$132M-$38M-$23M-$61M-$8M-$67M-$0.14-$0.14492,000,000492,000,000
2023-12-31$5.11B$4.96B$162M-$118M-$8M-$126M$26M-$169M-$0.33-$0.33-2,000,000-2,000,000
2023-09-30$5.61B$5.13B$139M$325M-$22M$303M$29M$264M$0.52$0.52508,000,000509,000,000
2023-06-30$5.98B$5.34B$149M$483M-$25M$458M$102M$347M$0.68$0.67513,000,000514,000,000
2023-03-31$5.3B$5.2B$127M-$31M-$25M-$56M-$13M-$57M-$0.11-$0.11515,000,000515,000,000
2022-12-31$5.04B$5.1B$112M-$182M-$4M-$186M$19M-$214M-$0.41-$0.40-1,000,000-2,000,000
2022-09-30$5.65B$5.31B$124M$187M-$12M$175M$10M$152M$0.30$0.29516,000,000519,000,000
2022-06-30$6.34B$5.36B$107M$840M-$83M$757M$157M$596M$1.14$1.13523,000,000526,000,000
2022-03-31$5.96B$4.71B$122M$1.09B-$44M$1.05B$237M$801M$1.54$1.50521,000,000532,000,000
2021-12-31$5.35B$4.07B$93M$1.12B-$7M$1.11B$214M$893M$1.76$1.671,000,000-9,000,000
2021-09-30$6B$4.23B$116M$1.65B-$34M$1.62B$334M$1.27B$2.46$2.33500,000,000547,000,000
2021-06-30$5.05B$3.85B$105M$1.07B-$57M$1.01B$216M$780M$1.40$1.33500,000,000585,000,000
2021-03-31$4.05B$3.76B$108M$177M-$111M$66M$9M$41M$0.08$0.07490,000,000571,000,000
2020-12-31$2.26B$2.01B$95M$107M-$47M$60M-$13M$64M$0.19$0.1914,000,00014,000,000
2020-09-30$1.65B$1.53B$59M$38M-$58M-$20M-$22M-$10M-$0.02-$0.02399,000,000399,000,000
2020-06-30$1.09B$1.21B$62M-$208M$76M-$132M-$25M-$124M-$0.31-$0.31399,000,000399,000,000
2020-03-31$359M$356M$28M-$79M-$22M-$101M-$51M-$52M-$0.18-$0.18298,000,000298,000,000
2019-12-31$534.2M$407M$126.9M$30.8M$45.2M$81.4M-$22.6M$58.8M-$5.1M$63.4M$0.24$0.23-1,418,000-3,755,000
2019-09-30$555.6M$400.7M$154.9M$25.5M$33.3M$121.6M-$25M$96.6M$4.8M$90.9M$0.34$0.33269,960,000276,578,000
2019-06-30$697.4M$480.2M$263M$29.4M$36.2M$226.8M-$43.4M$183.4M$22M$160.8M$0.59$0.57275,769,000285,479,000
2019-03-31$145.4M$126.1M$30.9M$27.3M$31.7M-$800,000.00-$25M-$25.8M-$3.7M-$22.1M-$0.08-$0.08289,525,000289,525,000
2018-12-31$646.4M$494.5M$202M$34.1M$38.8M$163M-$28.2M$134.8M-$489.4M$609.4M$2.05$2.00-587,000482,000
2018-09-30$684.7M$480.2M$261.6M$29.1M$36.1M$225.5M-$25.2M$200.3M$500,000.00$437.8M$1.47$1.41297,878,000310,203,000
2018-06-30$672M$429.8M$284.5M$26.2M$30.3M$254.2M-$26.6M$227.6M-$1.8M$165.1M$0.55$0.55297,618,000301,275,000
2018-03-31$169.2M$118.5M$61.5M$25.1M$31.2M$30.3M-$28M$2.3M$15.7M-$84.3M-$0.29-$0.29297,266,000297,266,000
2017-12-31$449.6M$395.7M$116.1M$27.4M$3.2M$112.9M-$25.1M$87.8M-$245.2M$309.9M$1.08$1.072,664,0002,449,000
2017-09-30$530.7M$438.9M$157.8M$23.8M$29.1M$128.7M-$113.6M$15.1M-$7.2M$53.4M$0.18$0.18296,100,000301,100,000
2017-06-30$471.3M$326.6M$144.7M$26.6M$29.5M$115.2M-$32.5M$82.7M-$1.1M$31.8M$0.10$0.10296,100,000300,700,000
2017-03-31$461.6M$365.3M$96.3M$27.7M$16.2M$80.1M-$112.2M-$32.1M-$1.8M-$28.1M-$0.11-$0.11265,164,000265,164,000
2016-12-31$24.7M$127.2M$72.3M$34M$50.7M$21.6M-$28.6M-$7M-$10.5M$79.1M$0.37$0.3611,200,00011,600,000
2016-09-30$553.3M$467.9M$85.4M$31.1M$50.7M$34.7M-$66.9M-$32.2M-$7.1M-$25.8M-$0.12-$0.12206,300,000206,300,000
2016-06-30$496.2M$404.7M$91.5M$22.5M$16.8M$74.7M-$46.9M$27.8M-$2.1M$12.8M$0.07$0.07182,300,000184,600,000
2016-03-31$305.5M$274.6M$30.9M$28.2M$31.2M-$300,000.00$122.1M$121.8M$7.5M$108M$0.62$0.62171,700,000172,000,000
2015-12-31$476M$432.7M$43.3M$27.8M$18.8M$24.5M-$59.9M-$35.4M-$600,000.00-$60.3M-$0.39-$0.380400,000
2015-09-30$593.2M$538.1M$55.1M$22.4M$25.9M$29.2M$17.4M$46.6M-$3.4M$10.6M-$0.10-$0.10153,200,000153,200,000
2015-06-30$498.1M$440.8M$57.3M$30.8M$31.6M$25.7M-$65.7M-$40M-$1.8M$60.2M$0.39$0.39153,232,000153,232,000
2015-03-31$446M$365.2M$80.8M$29.1M$8.9M$71.9M$270M$341.9M$175.1M-$759.8M-$5.04-$4.26153,185,000178,696,000
2014-12-31$1.03B$774.3M$256M$23.6M$261.6M-$5.6M-$31.6M-$37.2M-$207.3M-$1.29B-$8.47-$8.4713,00013,000
2014-09-30$979.7M$723.5M$256.2M$49.7M$399M-$142.8M-$38.1M-$180.9M$84.1M-$5.88B-$38.49-$38.49153,108,000153,108,000
2014-06-30$747.7M$564.2M$183.5M$40.9M$44.2M$139.3M-$40.5M$98.8M$7.6M$10.9M-$0.01-$0.02153,087,000153,881,000
2014-03-31$615.5M$425.5M$190M$37.5M$50.8M$139.2M-$39.6M$99.6M$29.6M-$70.3M-$0.55-$0.54153,040,000153,653,000
2013-12-31-$284.8M-$914.4M$629.6M-$4.1M-$96.4M$726M-$52M$674M$168.6M$43.3M$0.19$0.23438,0001,699,000
2013-09-30$1.55B$1.2B$348.7M$70.6M$124.7M$224M-$45.9M$178.1M$65.7M$117.2M$0.68$0.66153,029,000178,459,000
2013-06-30$1.49B$1.22B$268.2M$48.9M$6.2M$262M-$43.5M$218.5M$9.3M$146M$0.87$0.82153,011,000178,428,000
2013-03-31$1.14B$902.6M$237.9M$48.4M$69.6M$168.3M-$48M$120.3M-$6M$107M$0.66$0.66147,827,000148,081,000
2012-12-31$1.54B$1.3B$238.5M$79.9M$1.21B-$970.1M-$58.3M-$1.03B$491.1M-$1.62B-$11.38-$11.3619,000-429,000
2012-09-30$1.54B$1.35B$198.3M$63.9M$122M$76.3M-$43.9M$32.4M-$64M$85.1M$0.60$0.59142,396,000142,895,000
2012-06-30$1.58B$1.14B$443.4M$80.8M$81.5M$361.9M-$47.5M$314.4M$41.9M$258M$1.81$1.81142,380,000142,814,000
2012-03-31$1.21B$920.6M$291.8M$59.5M$68.9M$222.9M-$43.3M$179.6M-$213.2M$375.8M$2.64$2.63142,226,000142,709,000
2011-12-31$1.6B$1.12B$480.1M$83.9M$128.7M$351.4M-$45.3M$306.1M$120.5M$185.5M$1.28$1.26671,000691,000
2011-09-30$2.09B$1.25B$843.1M$61.3M$26M$817.1M-$54.7M$762.4M$3.7M$601.2M$4.17$4.15144,203,000144,989,000
2011-06-30$1.81B$1.07B$731.6M$69.4M$113.8M$617.8M-$28M$589.8M$150.4M$409.1M$2.94$2.92139,000,000139,783,000
2011-03-31$1.18B$583.7M$599.5M$50.6M$57.4M$542.1M$20.9M$563M$142.2M$423.4M$3.12$3.11135,486,000136,191,000
2010-12-31$1.42B$940.3M$483.9M$59.1M$85.4M$398.5M-$7M$391.5M$11M$384.5M$2.84$2.8221,00040,000
2010-09-30$1.35B$868.8M$477.2M$57.3M$86.8M$390.4M$20.2M$410.6M$116.1M$297.4M$2.20$2.18135,345,000136,213,000
2010-06-30$1.18B$769.6M$414.7M$42.5M$48.9M$365.8M-$14.1M$351.7M$99.3M$260.7M$1.93$1.92135,319,000136,134,000
2010-03-31$727.7M$577.7M$150M$44.4M$36.6M$113.4M$33.8M$147.2M$66.4M$77.4M$0.57$0.57135,174,000135,954,000
2009-12-31$820.5M$642.7M$177.8M$34M$16.3M$161.5M-$2.2M$159.3M$37.1M$108.2M$0.85$0.851,953,0001,983,000
2009-09-30$666.4M$563.2M$103.2M$28.4M$22.7M$80.5M$900,000.00$81.4M$1.9M$58.8M$0.45$0.45130,840,000131,736,000
2009-06-30$390.3M$402M-$11.7M$23.4M$5.6M-$17.3M$70.4M$53.1M-$17.6M$45.5M$0.36$0.36125,055,000125,779,000
2008-12-31$916.3M$630.4M$285.9M$50.2M$138.6M$147.3M-$121.8M$25.5M-$29.4M$53.9M$0.35$0.423,866,0001,849,000
2008-09-30$1.19B$824.7M$365M$41.8M$25.6M$339.4M-$95.8M$243.6M$52M$174.9M$1.67$1.61104,753,000108,719,000
2008-06-30$1.01B$582.3M$426.3M$52.1M$16.9M$409.4M-$3.2M$406.2M$107.4M$270.2M$2.75$2.5798,127,000105,227,000

Annual Income Statement

DateRevenueCost of revenueGross profitR&D expenseSG&A expenseOperating expensesOperating incomeNonoperating income/expensePre-tax incomeIncome taxNet incomeBasic EPSDiluted EPSBasic sharesDiluted shares
2025-12-31$18.61B$19.47B$543M-$1.58B-$425M-$2B-$581M-$1.48B-$2.91-$2.91508,000,000508,000,000
2024-12-31$19.19B$19.12B$486M-$763M-$187M-$950M-$236M-$760M-$1.58-$1.58480,000,000480,000,000
2023-12-31$22B$20.62B$577M$659M-$80M$579M$144M$385M$0.75$0.75510,000,000511,000,000
2022-12-31$22.99B$20.47B$465M$1.94B-$143M$1.8B$423M$1.34B$2.57$2.55519,000,000524,000,000
2021-12-31$20.44B$15.91B$422M$4.01B-$209M$3.8B$773M$2.99B$5.63$5.36498,000,000558,000,000
2020-12-31$5.35B$5.1B$244M-$142M-$51M-$193M-$111M-$122M-$0.32-$0.32379,000,000379,000,000
2019-12-31$1.99B$1.41B$575.7M$113M$146.4M$429M-$116M$313M$18M$293M$1.06$1.03277,000,000284,000,000
2018-12-31$2.17B$1.52B$809.6M$113M$136.4M$673M-$108M$565M-$475M$1.13B$3.80$3.71297,000,000304,000,000
2017-12-31$1.64B$1.4B$467.6M$102.9M$77.4M$390.2M-$282M$108.2M-$252.4M$367M$1.28$1.26288,435,000292,961,000
2016-12-31$1.38B$1.27B$280.1M$115.8M$149.4M$130.7M-$20.3M$110.4M-$12.2M$174.1M$0.88$0.87197,700,000200,100,000
2015-12-31$2.01B$1.78B$236.5M$110M$85.2M$151.3M$161.8M$313.1M$169.3M-$749.3M-$5.14-$5.13153,200,000153,600,000
2014-12-31$3.37B$2.49B$885.7M$154.7M$755.6M$130.1M-$149.8M-$19.7M-$86M-$7.22B-$47.52-$47.52153,098,000153,098,000
2013-12-31$3.89B$2.41B$1.48B$163.8M$104.1M$1.38B-$189.4M$1.19B$237.6M$413.5M$2.40$2.37151,726,000174,323,000
2012-12-31$5.87B$4.7B$1.17B$282.5M$1.48B-$308.8M-$193M-$501.8M$255.9M-$899.4M-$6.32-$6.32142,351,000142,351,000
2011-12-31$6.56B$3.95B$2.61B$248.3M$314.1M$2.3B-$106.3M$2.19B$407.7M$1.62B$11.55$11.48140,234,000141,012,000
2010-12-31$4.48B$3.03B$1.46B$171.7M$225.9M$1.23B$33.6M$1.27B$282.5M$1.02B$7.54$7.49135,301,000136,138,000
2009-12-31$2.34B$2.03B$311.7M$117.6M$75.6M$236.1M$60.4M$296.5M$22.5M$205.1M$1.64$1.63124,998,000125,751,000
2008-12-31$3.61B$2.45B$1.16B$188.6M$220.8M$938.9M-$222.6M$716.3M$144.2M$515.8M$5.07$4.76101,471,000108,288,000
2007-12-31$2.28B$1.81B$462M$114.2M$80.4M$381.6M-$900,000.00$380.7M$84.1M$270M$3.19$2.5782,988,000105,026,000