Cleveland-Cliffs Inc. (NYSE: CLF) reported total revenue of $4.9 billion for the first quarter of 2026 ending 31 March 2026, representing a 14.1% sequential increase from $4.3 billion in Q4 2025 and a 6.3% year-over-year increase from $4.6 billion in Q1 2025. The results were disclosed in CLF's 10-Q filing dated 21 April 2026, available on the US Securities and Exchange Commission website.

CLF reported a net loss of $237 million for Q1 2026, a modest improvement from the net loss of $249 million in Q4 2025 and the net loss of $251 million in Q3 2025. On a year-over-year basis, CLF also recorded a net loss in Q1 2025.

Sequential quarterly revenue performance over the past three reported periods has been as follows: CLF Q1 2026 revenue of $4.9 billion was up 14.1%, Q4 2025 revenue of $4.3 billion was down 8.9%, and Q3 2025 revenue of $4.7 billion was down 4.1%.

CLF shares closed at $12.41 on 10 June 2026, within a 52-week range of $6.72 to $16.96. Average daily volume is approximately 20.8 million shares. Market capitalisation stands at $7.1 billion with 570 million shares outstanding. Institutional ownership is 71.9%. CLF has delivered a one-year total return of approximately 54.7%.

CLF is classified under the North American Industry Classification System code 212210, covering iron ore mining. CLF operates as the sixth-largest iron and steel company on the NYSE by market capitalisation. Its business integrates iron ore mining and processing with downstream steel manufacturing, serving primarily the automotive, construction, and infrastructure industries.