Metalurgica Gerdau stock heads into October 27 results

Published on 10/07/2026 at 05:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Metalurgica Gerdau stock posted BRL 3.4 billion in adjusted EBITDA in Q2 2026, its strongest level since Q3 2023. Adjusted net income rose 45 percent quarter over quarter to BRL 1.5 billion.

Metalurgica Gerdau Ord., BRGOAUACNPR8, Illustration mit AI erstellt.

Metalurgica Gerdau (BRGOAUACNPR8) was last at BRL 11.64 on B3 on October 6, 2026, down 1.19 percent for the session. The next earnings release is scheduled for October 27, 2026, according to MarketScreener.

Second quarter sets the benchmark

ScanX News reported on September 18, 2026, that Gerdau delivered consolidated adjusted EBITDA of BRL 3.4 billion in the second quarter of 2026. The figure was described as the companys strongest adjusted EBITDA performance since Q3 2023, giving the Metalurgica Gerdau share story a clear operating reference before the next report.

The same Q2 release showed adjusted net income of BRL 1.5 billion, up 45 percent from the first quarter. For investors, the comparison matters because the earnings improvement was accompanied by positive free cash flow of BRL 237 million and a debt-to-EBITDA ratio of 0.69 times.

North America drives the result

North American shipments increased 7 percent year over year in Q2 2026, while regional adjusted EBITDA rose 15 percent quarter over quarter, according to ScanX News. That regional mix is central to the current investment case because the stronger North American operation offsets pressure from imported steel in Brazil.

The operating contrast is also visible in the half-year figures. Brazils operation sold 2.67 million tonnes of crude steel in the first half of 2026, down 4 percent year over year, while North American sales reached 2.62 million tonnes, up 5.6 percent, according to Valor 1000. The divergence leaves North American utilization and Brazilian import conditions as the key variables for the October report.

October 27 is the next checkpoint

MarketScreener lists October 27, 2026, for the Q3 2026 earnings release and presentation. The date gives the market a defined checkpoint for testing whether the BRL 3.4 billion Q2 adjusted EBITDA level and the 45 percent quarterly increase in adjusted net income can be sustained.

Stock trades below its October high

Metalurgica Gerdau stock was last at BRL 11.64 on B3 on October 6, 2026, with 15,142,500 shares changing hands and a session move of minus 1.19 percent. The companys latest operating figures and the October 27 reporting date provide the measurable context for that market level.