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Cleveland-Cliffs revenue CLF

Sales by quarter and over the last twelve months, from 2008.

Last 12 months, to Jun 30, 2026
$19.2B
Latest quarter, Q2 FY26
$5.2B
+6% on a year earlier
Fiscal year 2025
$18.6B
−3% on the year before

Cleveland-Cliffs' revenue was $19.2B over the twelve months to Jun 30, 2026, up 4% on a year earlier.

In its latest quarter, Q2 FY26, it was $5.2B, up 6% on the same quarter a year before.

Over the five fiscal years to FY2025 it grew 28% a year on average.

Revenue over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearRevenueChange
FY2025$18.6B−3%
FY2024$19.2B−13%
FY2023$22B−4%
FY2022$23B+12%
FY2021$20.4B+282%
FY2020$5.4B+169%
FY2019$2B−15%
FY2018$2.3B+25%
FY2017$1.9B−12%
FY2016$2.1B+5%
FY2015$2B−40%
FY2014$3.4B−41%
FY2013$5.7B−3%
FY2012$5.9B−11%
FY2011$6.6B+40%

Each fiscal year is the twelve months to its fourth quarter.

Quarter by quarter

QuarterEndedRevenueOn a year earlierLast 12 months
Q2 FY26$5.2B+6%$19.2B
Q1 FY26$4.9B+6%$18.9B
Q4 FY25$4.3B−0%$18.6B
Q3 FY25$4.7B+4%$18.6B
Q2 FY25$4.9B−3%$18.5B
Q1 FY25$4.6B−11%$18.6B
Q4 FY24$4.3B−15%$19.2B
Q3 FY24$4.6B−18%$20B
Q2 FY24$5.1B−15%$21B
Q1 FY24$5.2B−2%$21.9B
Q4 FY23$5.1B+1%$22B
Q3 FY23$5.6B−1%$21.9B

Against its peers

Companies in Basic Materials nearest Cleveland-Cliffs' size, closest first, today.

CompanyRevenue, 12 monthsGrowth
CLFCleveland-Cliffs$19.2B+4% a year
NEUNewmarket$2.7B−1% a year
ESIElement Solutions$3.2B+27% a year
CTVACorteva$17.8B+4% a year
EMNEastman Chemical$8.9B−5% a year
AXTAAxalta Coating Systems$5.2B−1% a year
HLHecla Mining$1.6B+74% a year
AAAlcoan/m
HXLHexcel$2B+5% a year
CLXClorox$6.7B−5% a year
SSRMSSR Mining$1.9B+48% a year
Peer median$3.2B

Where Cleveland-Cliffs ranks

What the revenue tells you

Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.

Growing revenue with shrinking margins is a warning, not a win.

More on Cleveland-Cliffs

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.