• Gerdau posted 1Q26 adjusted net income of R$ 1 billion, up 51% from 4Q25, with earnings per share at R$ 0.51 versus (R$ 0.66) in 4Q25.
• Adjusted EBITDA rose 25% to R$ 3 billion, with North America accounting for 75% of consolidated EBITDA.
• Free cash flow came in positive at R$ 16 million, while capex totaled R$ 1.1 billion, about 23% of the amount planned for 2026.
• Brazil results faced competitive pressure as imported steel penetration hit 27% in the quarter, up 2 percentage points from 4Q25.
• For 2Q26, Gerdau expects slight margin recovery in Brazil and margin growth in North America, supported by a roughly 90-day order backlog and metal spread expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gerdau SA published the original content used to generate this news brief on April 28, 2026, and is solely responsible for the information contained therein.