The financials
Vale S.A. by the numbers
Vale S.A. (VALE) reported revenue of $21.5B in H2 2025 (quarter ended December 31, 2025), up 117% from the same quarter a year earlier. That came with a gross margin of 38% and net loss of $1.16B. For the full year FY2025, revenue was $38.4B (+0.9% year on year) and net income $2.35B.
| Income statement | H2 2025 | Q2 2024 | Change |
|---|---|---|---|
| Revenue | $21.5B | $9.92B | +117% |
| Gross profit | $8.07B | $3.57B | +126% |
| Operating income | $2.09B | $3.88B | −46% |
| Net income | −$1.16B | $2.77B | to a loss |
| Diluted EPS | n/a | $0.65 | n/a |
Other Industrial Metals & Mining
Ranks #1 of 16 by Smart Score