What is Cleveland-Cliffs's total revenue?

Cleveland-Cliffs (CLF) reported total revenue of $4.92B in Q1 2026.

How has Cleveland-Cliffs's total revenue changed year-over-year?

Cleveland-Cliffs's total revenue increased by 6.3% year-over-year, from $4.63B to $4.92B.

What is the long-term trend for Cleveland-Cliffs's total revenue?

Over 4 years (2021 to 2025), Cleveland-Cliffs's total revenue has grown at a -2.3% compound annual growth rate (CAGR), from $20.44B to $18.61B.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

Cleveland-Cliffs CLF Total Revenue

Total Revenue at other companies

NucorNUE

$9.5B+21.3%

Steel DynamicsSTLD

$5.2B+19.1%

Suncoke EnergySXC

$455.1M+4.4%

MetallusMTUS

$308.3M+9.9%

RelianceRS

$4.03B+15.5%

Worthington SteelWS

$769.8M+12.0%

Segments

By product

See full

Coated steel$1.43B+5.1%

Hot-rolled steel$1.41B+20.9%

Plate$1.08B-3.6%

Cold-rolled steel$637M+7.8%

Other$617M+7.7%

Stainless and electrical steel$465M+4.7%

By segment

See full

Steelmaking$4.8B+6.7%

Other Businesses$167M+3.1%

Eliminations-$42M-50.0%

By geography

See full

United States$17.34B-13.3%

Canada$1.07B+2.0%

Other financials

Income statement

See full

Gross profit-$82.0M+79.3%

Operating income-$213.0M+60.8%

Net income-$229.0M+52.9%

EPS (diluted)-$0.42+58.4%

Balance sheet

See full

Cash & equivalents$45.0M-21.1%

Total debt$7.8B+2.1%

Total equity$5.8B-6.9%

Total assets$20.1B-3.5%

Cash flow

See full

Operating cash flow-$325.0M+7.4%

CapEx$152.0M0.0%

Free cash flow-$477.0M+5.2%

Valuation

See full

Market cap$6.14B+77.8%

Enterprise value$13.86B+26.0%

P/S0.3×+0.1×

Profitability

See full

Gross margin-2.9%—

Operating margin-6.6%-0.2pp

Net margin-6.2%0.0pp

FCF margin-5.3%-0.3pp

Returns & leverage

See full

Return on equity-19.3%+3.1pp

Debt / equity1.3×+0.1×

Current ratio2×-0.1×

Where this comes from

Reported directly by Cleveland-Cliffs in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Cleveland-Cliffs’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cleveland-Cliffs's total revenue?: Cleveland-Cliffs (CLF) reported total revenue of $4.92B in Q1 2026.
How has Cleveland-Cliffs's total revenue changed year-over-year?: Cleveland-Cliffs's total revenue increased by 6.3% year-over-year, from $4.63B to $4.92B.
What is the long-term trend for Cleveland-Cliffs's total revenue?: Over 4 years (2021 to 2025), Cleveland-Cliffs's total revenue has grown at a -2.3% compound annual growth rate (CAGR), from $20.44B to $18.61B.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.