Metalurgica Gerdau stock reports BRL 17.87 billion in Q2 revenue

Metalurgica Gerdau stock stood at BRL 10.19 on B3 on September 24, 2026, up 0.20 percent for the session and 3.04 percent below its 52-week high of BRL 10.51. The latest operating figures add substance to the market view, with Q2 2026 revenue reaching BRL 17.8706 billion.

Revenue expands from Q1

BolsaData lists Q2 2026 revenue at BRL 17.8706 billion, gross profit at BRL 2.8292 billion and net income at BRL 1.4643 billion. The revenue figure was 6.91 percent above Q1 2026 revenue of BRL 16.7157 billion, giving the sequential comparison a positive direction.

Operating profit also increased from BRL 1.7401 billion in Q1 to BRL 2.2909 billion in Q2. That lifted the operating margin from 10.41 percent to 12.82 percent, while net income per share reached BRL 0.39 in Q2 2026.

Cash flow strengthens the picture

Metalurgica Gerdau generated BRL 1.4711 billion in operating cash flow during Q2 2026 and invested BRL 1.0643 billion in property, plant and equipment. The resulting free cash flow was BRL 406.9 million, compared with BRL 156.6 million in Q1.

The June 30, 2026 balance sheet showed BRL 5.1860 billion in cash and BRL 15.1704 billion in total debt. Net debt stood at BRL 9.9845 billion, making cash generation an important counterweight to the companys leverage profile.

Stock stays below yearly high

At BRL 10.19, GOAU3 was BRL 0.32 below its 52-week high of BRL 10.51 and BRL 3.24 above its 52-week low of BRL 6.95 on September 24, 2026. The market capitalization was BRL 10.1261 billion at the same date.

The combination of higher Q2 revenue, a 12.82 percent operating margin and BRL 406.9 million of free cash flow gives the stock a measurable operating backdrop. The daily gain of 0.20 percent was modest, but the share price remained close to its yearly high.