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Companhia Siderúrgica Nacional (SID) Releases Q3 2026 Earnings: Revenue Down 8.7%, Net Loss Widens

Investivoq EarningsTracker

Companhia Siderúrgica Nacional $SID reported third-quarter 2026 revenue of $2.0 billion, down 8.7% from a year earlier, as profitability weakened across the income statement. Gross profit fell to $442.2 million, while operating profit swung to a loss of $110.3 million.

The company also posted a net loss attributable to common shareholders of $240.8 million, compared with a much smaller loss a year ago, and diluted earnings per share came in at -$0.18. Costs of sales edged higher to $1.6 billion, adding pressure to margins.

  • Revenue: $2.0 billion, down 8.7% year over year
  • Gross profit: $442.2 million, down 32.1%
  • Operating profit: -$110.3 million
  • Net loss: $240.8 million
  • Diluted EPS: -$0.18

On the balance sheet, Companhia Siderúrgica Nacional ended the period with $2.0 billion in cash and cash equivalents, while total liabilities declined sharply to $16.0 billion. Cash from operating activities was negative $189.5 million, and capital spending on property, plant and equipment totaled $267.1 million.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Investivoq.

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Companhia Siderúrgica Nacional Hedge Fund Activity

We have seen 34 institutional investors add shares of Companhia Siderúrgica Nacional stock to their portfolio, and 50 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • AMERICAN CENTURY COMPANIES INC removed 3,112,770 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2,848,184
  • RENAISSANCE TECHNOLOGIES LLC removed 1,707,700 shares (-47.3%) from their portfolio in Q3 2026, for an estimated $1,810,162
  • GOLDMAN SACHS GROUP INC removed 1,006,198 shares (-89.1%) from their portfolio in Q2 2026, for an estimated $920,671
  • BANQUE CANTONALE VAUDOISE removed 800,000 shares (-50.0%) from their portfolio in Q3 2026, for an estimated $848,000
  • MORGAN STANLEY removed 793,058 shares (-76.5%) from their portfolio in Q2 2026, for an estimated $725,648
  • MARSHALL WACE, LLP removed 637,833 shares (-64.6%) from their portfolio in Q2 2026, for an estimated $583,617
  • MILLENNIUM MANAGEMENT LLC removed 598,472 shares (-71.6%) from their portfolio in Q2 2026, for an estimated $547,601

To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.