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Cleveland-Cliffs Reports First-Quarter 2026 Results

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Business Wire
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2026.First-Quarter Consolidated ResultsSteel shipments of 4.1 million net tons, a 338,000 increase from the prior quarterRevenues of $4.9 billion, a $600 million increase from the prior quarterGAAP net loss of $229 million, or $0.42 per diluted shareAdjusted EBITDA2 of $95 million, inclusive of an $80 million one-time energy cost impact driven by extreme cold weatherLiquidity of $3.1 billion as of March 31, 2026First-quarter 2026 consolidated revenues were $4.9 billion, compared to $4.6 billion in the first quarter of 2025 and $4.3 billion in the fourth quarter of 2025.For the first quarter of 2026, the Company recorded a GAAP net loss of $229 million, or $0.42 per diluted share, with an adjusted net loss1 of $0.40 per diluted share. This compares to a first quarter 2025 GAAP net loss of $486 million, or $1.01 per diluted share, with an adjusted net los Show less Read more
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