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CLF · XBRL financial data

Cleveland-Cliffs financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

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How these numbers work
  • Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
  • Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
  • * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
  • 0 means a filing states zero; a dash (—) means no filing states that number.
  • “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
  • Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
  • Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
  • Shares outstanding come from each filing's cover page, as of the date printed there.
  • Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

CSV

Fiscal quarters (CLF's year ends in late December)

In millions of dollarsDec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026Sep 30, 2026
Revenue5,112*5,1995,0924,5694,325*4,6294,9344,7344,313*4,9225,2265,612
Cost of goods and services sold4,944*4,9144,9304,6734,598*5,0205,1434,7804,519*5,0045,0945,147
Selling, general and administrative157*132103112139*133137130144*125154153
Other operating income (expense)26*(23)(13)(27)(25)*(11)(27)(25)13*(6)(24)0
Operating income (loss)(100)*(38)6(259)(465)*(538)(498)(204)(331)*(213)(49)311
Other income (expense)1*210(40)*(9)(14)1(1)*—11
Income tax expense (benefit)30*(8)(15)(76)(136)*(147)(148)(78)(206)*(81)(20)46
Net income (loss)(155)*(67)2(242)(447)*(498)(486)(251)(243)*(237)(145)152
Earnings per share, basic USD per share(0.31)*(0.14)0.00(0.52)(0.92)*(1.01)(0.98)(0.51)(0.44)*(0.42)(0.25)0.27
Earnings per share, diluted USD per share(0.31)*(0.14)0.00(0.52)(0.92)*(1.01)(0.98)(0.51)(0.44)*(0.42)(0.25)0.26
Weighted average shares, basic millions of shares504*492473468487*495495495547*570571572
Weighted average shares, diluted millions of shares506*492474468486*495495495547*570571574

Balance sheet

CSV

Fiscal quarters (CLF's year ends in late December)

In millions of dollarsDec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026Sep 30, 2026
Cash and cash equivalents19830110395457616657457077
Accounts receivable1,8401,8681,7731,5831,5761,7981,7831,7971,4421,8822,0442,159
Inventory4,4604,4494,1994,2365,0944,8864,6994,6834,7724,5914,5254,694
Total current assets6,6366,4696,1926,0276,9076,9646,6876,6896,4356,7106,8147,104
Property and equipment, net8,8958,7718,7288,6879,9429,7979,6209,5089,4819,3459,2399,186
Right-of-use asset228———351———292———
Goodwill1,0051,0051,0051,0051,7681,7671,8141,7961,8141,8001,7841,782
Total assets17,53717,23616,92816,79620,94720,83620,47120,29020,01220,11520,11520,342
Accounts payable2,0992,0512,0801,9832,0082,0201,9471,9141,8932,0112,1592,327
Accrued liabilities380318296379375361348339396346378310
Total current liabilities3,5083,3963,3183,2553,3223,2663,2773,2803,3023,3233,6063,792
Long-term debt3,1373,6643,5073,7747,0657,6017,7278,0397,2537,7637,7037,645
Lease liability, non-current197———275———234———
Total liabilities9,4159,7949,5569,70114,05014,35214,42914,58313,68914,09614,29714,376
Retained earnings (accumulated deficit)1,7331,6661,6681,4269794841(286)(529)(766)(911)(759)
Total stockholders' equity7,8877,2017,1106,8546,6646,2545,8195,4666,1165,8225,6045,687
Total liabilities and equity17,53717,23616,92816,79620,94720,83620,47120,29020,01220,11520,11520,342
Common shares outstanding (cover page) millions of shares498475468494494495495495570570571571

Cash flows

CSV

Fiscal quarters (CLF's year ends in late December)

In millions of dollarsDec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026Sep 30, 2026
Net income (loss)(155)*(67)2(242)(447)*(498)(486)(251)(243)*(237)(145)152
Depreciation and amortization235*230228235258*282393288272*259262259
Net cash from operating activities652*142519*(84)*(472)*(351)45*(143)*(13)*(325)230*224*
Purchases of property and equipment165*182157*151*205*152112*157*140*152157*152*
Net cash from investing activities(121)*(179)(152)*(146)*(2,735)*(145)(111)*(138)*(85)*(140)(126)*(121)*
Proceeds from issuing common stockyear only———year only———year only———
Share repurchases0*608125*0*0*00*0*0*———
Repayments of long-term debt0*652193*0*0*00*0*685*———
Net cash from financing activities(364)*(131)(287)*159*3,229*49968*286*89*454(79)*(102)*
Net change in cash167*(168)80*(71)*————————

Compare with peers

SIC 1000 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen
  • SIC 1000 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
  • Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
  • Runway shows only for companies burning cash with under $10B of public float.
  • * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
  • A cell reading “not reported” means the filings give no figure for that quarter alone.
CompanyCash ($M)Revenue, quarter ($M)Operating cash flow, quarter ($M)Shares outstandingRunwayQuarter
Cleveland-Cliffs775,612224*570.6M— 10-QSep 30, 2026
MP Materials4291086.8*178.1M— 10-QJun 30, 2026
TMC the metals99not reported(20)*441.1M4.9 quarters 10-QJun 30, 2026
Southern Copper4,8244,6972,224844.3M— 10-QSep 30, 2026
Ivanhoe Electric2570.7(20)*159.6M12.9 quarters 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.