{"url":"https://newsforagent.com/news/2026-11-13/csn-q3-2026-revenue-net-loss","markdown_url":"https://newsforagent.com/news/2026-11-13/csn-q3-2026-revenue-net-loss.md","title":"CSN Posts $2.0 Billion Q3 Revenue, Down 8.7%","headline":"Companhia Siderúrgica Nacional Reports $2.0 Billion Q3 Revenue and $240.8 Million Net Loss","description":"Companhia Siderúrgica Nacional reported $2.0 billion in third-quarter revenue, down 8.7%, as its net loss widened to $240.8 million and operating profit turned negative.","section":"Earnings & Results","published_at":"2026-11-13T04:23:44+00:00","modified_at":"2026-11-13T04:23:44+00:00","author":"News Desk","key_takeaways":["Companhia Siderúrgica Nacional reported third-quarter 2026 revenue of $2.0 billion, down 8.7% year over year.","The steelmaker's net loss attributable to common shareholders was $240.8 million, with diluted earnings per share of -$0.18.","Cash from operating activities was negative $189.5 million, while capital spending on property, plant and equipment totaled $267.1 million."],"companies":[{"name":"Companhia Siderúrgica Nacional","is_primary":true,"profile_url":null,"website":"http://www.csn.com.br"}],"source":{"publisher":"Quiver Quantitative","title":"Companhia Siderúrgica Nacional (SID) Releases Q3 2026 Earnings: Revenue Down 8.7%, Net Loss Widens | SID Stock News","url":"https://www.quiverquant.com/news/Companhia+Sider%C3%BArgica+Nacional+%28SID%29+Releases+Q3+2026+Earnings%3A+Revenue+Down+8.7%25%2C+Net+Loss+Widens"},"other_sources":[],"tags":["Earnings & Results","Companhia Siderúrgica Nacional"],"body_markdown":"Companhia Siderúrgica Nacional reported third-quarter 2026 revenue of $2.0 billion, down 8.7% from a year earlier, and a net loss attributable to common shareholders of $240.8 million. [Quiver Quantitative](https://www.quiverquant.com/news/Companhia+Sider%C3%BArgica+Nacional+%28SID%29+Releases+Q3+2026+Earnings%3A+Revenue+Down+8.7%25%2C+Net+Loss+Widens) published the results on November 13, 2026. The Brazilian steelmaker's diluted earnings per share came in at -$0.18.\n\n## CSN's Margin Pressure and Cash Burn\n\nGross profit fell 32.1% to $442.2 million, and operating profit swung to a loss of $110.3 million. Costs of sales edged higher to $1.6 billion, adding pressure to margins. The company 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. Quiver Quantitative noted that the financials data is sourced from a third-party provider and has not been independently verified by the publisher.\n\n## CSN's Earlier 2026 Results\n\nIn August 2026, Companhia Siderúrgica Nacional reported second-quarter revenue of $2.18 billion, a 12.86% year-over-year increase that beat analyst estimates by $29.47 million, according to Seeking Alpha. The same outlet reported a second-quarter net loss of R$773.1 million, a significant widening from the R$130 million loss recorded in the same period of 2025. In July 2026, Seeking Alpha reported that a financial analyst at DM Martins Research had revised his outlook on the steelmaker, arguing that its deleveraging strategy had failed and the company was now a potential value trap. In October 2026, Seeking Alpha reported that the deleveraging thesis had become more plausible since July, but that financial recovery had not yet occurred.\n\n## CSN's Financial Calendar Dates\n\nIn October 2026, The future of trading reported that Companhia Siderúrgica Nacional published an update to its financial calendar, setting the full-year 2025 financial statements for March 11, 2026, first-quarter results for May 13, 2026, and the annual shareholders meeting for April 24, 2026. The company's own [website](http://www.csn.com.br) carries its corporate announcements.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}