Common Shares, par value $0.125 per share
- Symbol
- CLF
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 9.01 · 8-K
CLFNYSEEQUITYCurrent
Item 2.02. Results of Operations and Financial Condition. On April 20, 2026, Cleveland-Cliffs Inc. issued a news release announcing the first-quarter financial results for the quarter ended March 31, 2026. A copy of the news release is attached as Exhibit 99.1 to this Current Report on Form 8-K.…
Cleveland-Cliffs is a leading North America-based steel producer with focus on value-added sheet products, particularly for the automotive industry. The Company is vertically integrated from the mining of iron ore, production of pellets and direct reduced iron, and processing of ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling, and tubing. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 25,000 people across its operations in the United States and Canada.
CLEVELAND-CLIFFS INC. · 8-K · Filed 2026-04-20
EX-99.1 2 clf-202603318xkex991.htm EX-99.1 Document EXHIBIT 99.1 NEWS RELEASE Cleveland-Cliffs Reports First-Quarter 2026 Results CLEVELAND - April 20, 2026 - Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2026. First-Quarter Consolidated Results • Steel shipments of 4.1 million net tons, a 338,000 increase from the prior quarter • Revenues of $4.9 billion, a $600 million increase from the prior quarter • GAAP net loss of $229 million, or $0.42 per diluted share • Adjusted EBITDA2 of $95 million, inclusive of an $80 million one‑time energy cost impact driven by extreme cold weather • Liquidity of $3.1 billion as of March 31, 2026 First-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 loss1 of $0.93 per diluted share; and a fou…
Open exhibit ↗