Gerdau (NYSE:GGB) reported Adjusted EBITDA of R$3.0 billion in 1Q26, a 25% increase from 4Q25, with North America contributing 75% of consolidated EBITDA.
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Gerdau (NYSE:GGB) reported Adjusted EBITDA of R$3.0 billion in 1Q26, a 25% increase from 4Q25, with North America contributing 75% of consolidated EBITDA. CAPEX was R$1.1 billion in 1Q26, 27% below 4Q25, aligned with a 2026 guidance of R$4.7 billion.
The board approved a R$0.18 per‑share dividend (R$354.1 million), payable June 9, 2026, and advanced its 2026 share buyback, acquiring 21% of authorized shares. Gerdau inaugurated the Barro Alto Solar Complex (~111 MWm). 1Q26 filings and a valuation guide are available on Gerdau's investor website.
Loading...
Loading translation...
Positive
Adjusted EBITDA R$3.0B in 1Q26, +25% vs 4Q25
North America delivered 75% of consolidated EBITDA
CAPEX R$1.1B in 1Q26, 27% lower than 4Q25
Dividend R$0.18 per share (R$354.1M) payable June 9, 2026
Share buyback progressed; 21% of authorized shares acquired
Barro Alto Solar inaugurated with ~111 MWm installed capacity
Negative
EBITDA concentration: 75% from North America increases regional exposure
2026 CAPEX guidance R$4.7B indicates continued sizeable capital spending
3Q25 EBITDA growth, higher North America mix, dividend, CAPEX and bond actions.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
adjusted ebitda, capex, dividend distribution, share buyback program, +4 more
8 terms
adjusted ebitdafinancial
"1Q26 HighlightsAdjusted EBITDA (earnings before interest, taxes, depreciation..."
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
capexfinancial
"Investments (CAPEX) of R$1.1 billion in 1Q26, 27% lower than in 4Q25..."
Capex, short for capital expenditures, refers to the money a company spends to buy, upgrade, or maintain physical assets such as buildings, equipment, or technology. It matters to investors because these investments can help a company grow and improve its long-term performance, but they also represent significant costs that can impact profitability and cash flow.
dividend distributionfinancial
"the Company approved a dividend distribution of R$0.18 per share..."
A dividend distribution is when a company gives a portion of its profits or reserves to shareholders, usually in cash or additional shares. Investors care because it provides a direct return on ownership and signals how confident management is in the company’s cash flow and long-term health; like a bakery sharing weekly tips with owners, regular or growing distributions often indicate steady earnings, while cuts can warn of trouble.
share buyback programfinancial
"advanced with the 2026 Share Buyback Program, with the acquisition of 21%..."
A share buyback program is when a company uses its cash to repurchase its own outstanding shares from the market, reducing the number of shares available to investors. That matters because it can raise the value of remaining shares and signal management's confidence in the business—similar to a bakery buying back unsold loafs to make each remaining loaf represent a larger share of its oven’s output—though buybacks can also affect cash available for other uses.
installed capacitytechnical
"Barro Alto Solar Complex in Goiás, with an installed capacity of ~111 MWm..."
Installed capacity is the maximum output a power plant, factory or piece of equipment is built to produce under ideal conditions, usually expressed in units like megawatts for electricity. Investors care because it sets the upper limit on potential revenue and growth—like the size of a water pipe or engine: bigger means more possible output, but actual earnings depend on how often and efficiently that capacity is used.
securities and exchange commission (sec)regulatory
"it is filling today its 1Q26 results at the Securities and Exchange Commission (SEC)..."
A U.S. federal agency that oversees the stock and securities markets, requiring public companies and brokers to register and share accurate financial information so investors can see the facts. It enforces rules, investigates fraud and can pause or change market activity; think of it as a referee whose decisions and investigations affect investor confidence, legal risk and the value of traded securities.
comissão de valores mobiliários (cvm)regulatory
"results at the Securities and Exchange Commission (SEC) and at the Comissão de Valores Mobiliários (CVM)..."
The Comissão de Valores Mobiliários (CVM) is Brazil’s federal agency that oversees and enforces rules for securities markets, including stock exchanges, public offerings and market intermediaries. It matters to investors because it acts like a referee and safety inspector—setting standards, investigating fraud, and requiring clear disclosures so investors can trust the information they use to make decisions and rely on fair play in the market.
valuation guidefinancial
"The 1Q26 Valuation Guide is also available on Gerdau's website."
A valuation guide is a clear outline or tool that shows the steps, assumptions and numbers used to estimate what a company is worth today. It lays out the forecasts, key metrics and calculation choices so readers can see why one price range was produced instead of another. For investors it works like a recipe or map—making it easier to compare opportunities, check the realism of assumptions, and spot the risks that could change a stock’s fair value.
Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$3.0 billion in 1Q26, up 25% from 4Q25. Notably, North America accounted for 75% of the Company's Consolidated EBITDA in the first quarter of 2026.
Investments (CAPEX) of R$1.1 billion in 1Q26, 27% lower than in 4Q25, in line with guidance of R$4.7 billion for 2026.
Return to shareholders: the Company approved a dividend distributionof R$0.18 per share, equivalent to R$354.1 million, to be paid as of June 09, 2026. Also, advanced with the 2026Share Buyback Program, with the acquisition of 21% of the authorized shares in Gerdau S.A.
Inauguration of the Barro Alto Solar Complex in Goiás, with an installed capacity of ~111 MWm, marks an important step for Gerdau in its pursuit to enhance the competitiveness and sustainability of its operations in Brazil.
Additional information
Gerdau S.A. informs that it is filling today its 1Q26 results at the Securities and Exchange Commission (SEC) and at the Comissão de Valores Mobiliários (CVM), which are available at Gerdau's website. To access this document, please click on: https://ri.gerdau.com/en/notices-and-results/results-center/.
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Gerdau (GGB) report for 1Q26 Adjusted EBITDA?
Adjusted EBITDA was R$3.0 billion in 1Q26. According to the company, this figure represents a 25% increase versus 4Q25 and reflects stronger contribution from North American operations.
How much dividend did Gerdau (GGB) declare for payment in 2026?
Gerdau declared a R$0.18 per share dividend, totaling R$354.1 million. According to the company, the dividend is payable on June 9, 2026 to shareholders of record.
What is Gerdau's 2026 CAPEX guidance and 1Q26 spending (GGB)?
The company guided R$4.7 billion for 2026 CAPEX and reported R$1.1 billion invested in 1Q26. According to the company, 1Q26 CAPEX was 27% lower than 4Q25.
How large is the Barro Alto Solar Complex Gerdau opened in 2026 (GGB)?
The Barro Alto Solar Complex has an installed capacity of approximately 111 MWm. According to the company, the project aims to enhance competitiveness and sustainability in Brazil.
What progress has Gerdau (GGB) made on its 2026 share buyback program?
Gerdau has acquired 21% of the authorized shares under the 2026 buyback program. According to the company, repurchases are underway as part of its return-to-shareholders actions.
View original content:https://www.prnewswire.com/news-releases/gerdau-sa--consolidated-information-302754886.html