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Vale SA revenue 2000–2026What is revenue? Revenue is the money a company brings in from selling its goods and services over a period, before any costs. It is the top line of the income statement.
Vale SA's revenue in Q3 FY2026, the three months to 30 September 2026, was 10.60B USD, up 1.9% on the same quarter a year before. Vale SA's revenue over the last twelve months was 41.41B USD, up 12.1% on the twelve months before. In fiscal year 2025 it was 38.23B USD, up 0.5% on the year before.
Last updated 11 Nov 2026 · Next report 11 Feb 2027
Revenue
Growth
| Fiscal year | Period ending | Revenue | Growth | Gross profit | Net income |
|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 41.41B | +12.13% | 12.94B | 599.91M |
| FY2025 | 31 Dec 2025 | 38.23B | +0.46% | 13.14B | 2.35B |
| FY2024 | 31 Dec 2024 | 38.06B | -8.92% | 13.79B | 6.17B |
| FY2023 | 31 Dec 2023 | 41.78B | -4.69% | 17.70B | 7.98B |
| FY2022 | 31 Dec 2022 | 43.84B | -19.56% | 19.81B | 18.79B |
| FY2021 | 31 Dec 2021 | 54.50B | +37.82% | 32.77B | 22.45B |
| FY2020 | 31 Dec 2020 | 39.55B | +9.90% | 21.98B | 4.88B |
| FY2019 | 31 Dec 2019 | 35.98B | -1.62% | 16.97B | -1.66B |
| FY2018 | 31 Dec 2018 | 36.58B | +7.68% | 14.47B | 6.86B |
| FY2017 | 31 Dec 2017 | 33.97B | +23.57% | 12.93B | 5.51B |
| FY2016 | 31 Dec 2016 | 27.49B | +7.34% | 9.84B | 3.98B |
| FY2015 | 31 Dec 2015 | 25.61B | -33.02% | 5.10B | -12.13B |
| FY2014 | 31 Dec 2014 | 38.24B | -18.24% | 12.48B | 657.00M |
| FY2013 | 31 Dec 2013 | 46.77B | -1.94% | 22.52B | 584.00M |
| FY2012 | 31 Dec 2012 | 47.69B | -19.15% | 21.21B | 5.37B |
| FY2011 | 31 Dec 2011 | 58.99B | +30.24% | 35.42B | 22.89B |
| FY2010 | 31 Dec 2010 | 45.29B | +62.93% | 26.48B | 17.26B |
| FY2009 | 31 Dec 2009 | 27.80B | -25.72% | 11.91B | 5.88B |
| FY2008 | 31 Dec 2008 | 37.43B | +16.08% | 19.79B | 13.22B |
| FY2007 | 31 Dec 2007 | 32.24B | +64.07% | 15.78B | 11.83B |
| FY2006 | 31 Dec 2006 | 19.65B | +35.07% | 9.50B | 6.53B |
| FY2005 | 31 Dec 2005 | 14.55B | +80.37% | 7.57B | 4.47B |
| FY2004 | 31 Dec 2004 | 8.07B | +50.77% | 3.99B | 2.57B |
| FY2003 | 31 Dec 2003 | 5.35B | +29.76% | 2.22B | 1.55B |
| FY2002 | 31 Dec 2002 | 4.12B | +3.33% | 1.86B | 680.00M |
| FY2001 | 31 Dec 2001 | 3.99B | +1.40% | 1.66B | 1.29B |
| FY2000 | 31 Dec 2000 | 3.94B | — | 1.51B | 1.09B |
| Quarter | Period ending | Revenue | Growth on a year before | Gross profit | Net income |
|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 10.60B | +1.87% | 2.58B | 1.25B |
| Q2 FY2026 | 30 Jun 2026 | 10.49B | +19.16% | 3.22B | 1.35B |
| Q1 FY2026 | 31 Mar 2026 | 9.26B | +14.07% | 3.06B | 1.89B |
| Q4 FY2025 | 31 Dec 2025 | 11.06B | +15.17% | 4.08B | -3.90B |
| Q3 FY2025 | 30 Sept 2025 | 10.41B | +8.93% | 3.79B | 2.68B |
| Q2 FY2025 | 30 Jun 2025 | 8.80B | -11.25% | 2.72B | 2.12B |
| Q1 FY2025 | 31 Mar 2025 | 8.12B | -4.02% | 2.67B | 1.39B |
| Q4 FY2024 | 31 Dec 2024 | 9.60B | -26.21% | 3.66B | -756.23M |
| Q3 FY2024 | 30 Sept 2024 | 9.55B | -10.07% | 3.27B | 2.41B |
| Q2 FY2024 | 30 Jun 2024 | 9.92B | +2.55% | 3.57B | 2.77B |
| Q1 FY2024 | 31 Mar 2024 | 8.46B | +0.30% | 3.09B | 1.68B |
| Q4 FY2023 | 31 Dec 2023 | 13.02B | +9.68% | 6.11B | 2.42B |
| Q3 FY2023 | 30 Sept 2023 | 10.62B | +6.99% | 4.31B | 2.84B |
| Q2 FY2023 | 30 Jun 2023 | 9.67B | -13.30% | 3.73B | 892.00M |
| Q1 FY2023 | 31 Mar 2023 | 8.43B | -21.99% | 3.49B | 1.84B |
| Q4 FY2022 | 31 Dec 2022 | 11.87B | -9.76% | 4.75B | 3.70B |
| Q3 FY2022 | 30 Sept 2022 | 9.93B | -19.47% | 3.63B | 4.46B |
| Q2 FY2022 | 30 Jun 2022 | 11.16B | -32.44% | 5.21B | 6.15B |
| Q1 FY2022 | 31 Mar 2022 | 10.81B | -13.87% | 6.19B | 4.46B |
| Q4 FY2021 | 31 Dec 2021 | 13.15B | -10.96% | 6.64B | 5.45B |
| Q3 FY2021 | 30 Sept 2021 | 12.33B | +14.57% | 6.86B | 3.89B |
| Q2 FY2021 | 30 Jun 2021 | 16.51B | +119.66% | 11.05B | 7.59B |
| Q1 FY2021 | 31 Mar 2021 | 12.55B | +80.13% | 8.26B | 5.55B |
| Q4 FY2020 | 31 Dec 2020 | 14.77B | +48.22% | 9.04B | 739.00M |
| Q3 FY2020 | 30 Sept 2020 | 10.76B | +5.33% | 5.95B | 2.91B |
| Q2 FY2020 | 30 Jun 2020 | 7.52B | -18.16% | 3.31B | 995.00M |
| Q1 FY2020 | 31 Mar 2020 | 6.97B | -15.04% | 2.69B | 239.00M |
| Q4 FY2019 | 31 Dec 2019 | 9.96B | +1.54% | 4.33B | -1.56B |
| Q3 FY2019 | 30 Sept 2019 | 10.22B | +7.06% | 4.54B | 1.65B |
| Q2 FY2019 | 30 Jun 2019 | 9.19B | +6.62% | 4.01B | -133.00M |
| Q1 FY2019 | 31 Mar 2019 | 8.20B | -4.65% | 3.50B | -1.64B |
| Q4 FY2018 | 31 Dec 2018 | 9.81B | +7.05% | 4.06B | 3.79B |
| Q3 FY2018 | 30 Sept 2018 | 9.54B | +5.45% | 3.79B | 1.41B |
| Q2 FY2018 | 30 Jun 2018 | 8.62B | +19.09% | 3.24B | 76.00M |
| Q1 FY2018 | 31 Mar 2018 | 8.60B | +1.03% | 3.38B | 1.59B |
| Q4 FY2017 | 31 Dec 2017 | 9.17B | +17.24% | 3.38B | 771.00M |
| Q3 FY2017 | 30 Sept 2017 | 9.05B | +23.57% | 3.64B | 2.23B |
| Q2 FY2017 | 30 Jun 2017 | 7.24B | +9.19% | 2.13B | 16.00M |
| Q1 FY2017 | 31 Mar 2017 | 8.52B | +48.89% | 3.78B | 2.49B |
| Q4 FY2016 | 31 Dec 2016 | 7.82B | +32.55% | 4.17B | 525.00M |
| Q3 FY2016 | 30 Sept 2016 | 7.32B | +12.59% | 2.37B | 575.00M |
| Q2 FY2016 | 30 Jun 2016 | 6.63B | -4.87% | 1.83B | 1.11B |
| Q1 FY2016 | 31 Mar 2016 | 5.72B | -8.35% | 1.47B | 1.78B |
| Q4 FY2015 | 31 Dec 2015 | 5.90B | -36.06% | 780.00M | -8.57B |
| Q3 FY2015 | 30 Sept 2015 | 6.51B | -28.22% | 1.47B | -2.12B |
| Q2 FY2015 | 30 Jun 2015 | 6.97B | -29.66% | 1.78B | 1.68B |
| Q1 FY2015 | 31 Mar 2015 | 6.24B | -34.34% | 1.07B | -3.12B |
| Q4 FY2014 | 31 Dec 2014 | 9.23B | -29.71% | 2.18B | -1.85B |
| Q3 FY2014 | 30 Sept 2014 | 9.06B | -26.52% | 2.56B | -1.44B |
| Q2 FY2014 | 30 Jun 2014 | 9.90B | -10.24% | 3.82B | 1.43B |
| Q1 FY2014 | 31 Mar 2014 | 9.50B | -13.10% | 3.91B | 2.52B |
| Q4 FY2013 | 31 Dec 2013 | 13.13B | -12.97% | 6.47B | -6.45B |
| Q3 FY2013 | 30 Sept 2013 | 12.33B | +14.99% | 6.07B | 3.50B |
| Q2 FY2013 | 30 Jun 2013 | 11.03B | -7.24% | 4.81B | 424.00M |
| Q1 FY2013 | 31 Mar 2013 | 10.94B | -1.08% | 5.22B | 3.11B |
| Q4 FY2012 | 31 Dec 2012 | 15.08B | -13.32% | 5.26B | -2.65B |
| Q3 FY2012 | 30 Sept 2012 | 10.73B | -29.98% | 4.60B | 1.64B |
| Q2 FY2012 | 30 Jun 2012 | 11.89B | -20.66% | 5.88B | 2.64B |
| Q1 FY2012 | 31 Mar 2012 | 11.05B | -16.34% | 5.36B | 3.79B |
| Q4 FY2011 | 31 Dec 2011 | 17.40B | +16.54% | 9.88B | 6.78B |
| Q3 FY2011 | 30 Sept 2011 | 15.32B | +8.61% | 9.61B | 4.32B |
| Q2 FY2011 | 30 Jun 2011 | 14.99B | +55.20% | 9.27B | 6.45B |
| Q1 FY2011 | 31 Mar 2011 | 13.21B | +100.08% | 7.64B | 6.83B |
| Q4 FY2010 | 31 Dec 2010 | 14.93B | -10.09% | 8.89B | 5.92B |
| Q3 FY2010 | 30 Sept 2010 | 14.10B | -16.94% | 8.99B | 6.20B |
| Q2 FY2010 | 30 Jun 2010 | 9.66B | +95.19% | 5.54B | 3.71B |
| Q1 FY2010 | 31 Mar 2010 | 6.60B | +24.04% | 3.07B | 1.60B |
| Q4 FY2009 | 31 Dec 2009 | 16.61B | +75.94% | 6.58B | 3.67B |
| Q3 FY2009 | 30 Sept 2009 | 16.98B | +55.80% | 7.35B | 3.83B |
| Q2 FY2009 | 30 Jun 2009 | 4.95B | -53.32% | 1.81B | 790.00M |
| Q1 FY2009 | 31 Mar 2009 | 5.32B | -32.02% | 2.42B | 1.36B |
| Q4 FY2008 | 31 Dec 2008 | 9.44B | +15.62% | 4.46B | 3.08B |
| Q3 FY2008 | 30 Sept 2008 | 10.90B | +37.97% | 6.35B | 6.55B |
| Q2 FY2008 | 30 Jun 2008 | 10.60B | +21.95% | 5.84B | 5.01B |
| Q1 FY2008 | 31 Mar 2008 | 7.83B | +4.58% | 3.59B | 2.02B |
| Q4 FY2007 | 31 Dec 2007 | 8.16B | +11.62% | 3.66B | 2.57B |
| Q3 FY2007 | 30 Sept 2007 | 7.90B | +62.78% | 4.11B | 2.94B |
| Q2 FY2007 | 30 Jun 2007 | 8.69B | +109.65% | 4.91B | 4.10B |
| Q1 FY2007 | 31 Mar 2007 | 7.49B | +124.22% | 3.10B | 2.22B |
| Q4 FY2006 | 31 Dec 2006 | 7.31B | +36.56% | 2.93B | 1.57B |
| Q3 FY2006 | 30 Sept 2006 | 4.85B | +37.22% | 2.67B | 1.90B |
| Q2 FY2006 | 30 Jun 2006 | 4.15B | +17.25% | 2.26B | 1.88B |
| Q1 FY2006 | 31 Mar 2006 | 3.34B | +50.93% | 1.65B | 1.17B |
| Q4 FY2005 | 31 Dec 2005 | 5.36B | +131.12% | 2.77B | 825.00M |
| Q3 FY2005 | 30 Sept 2005 | 3.54B | +62.72% | 2.03B | 1.32B |
| Q2 FY2005 | 30 Jun 2005 | 3.54B | +84.17% | 2.03B | 1.63B |
| Q1 FY2005 | 31 Mar 2005 | 2.21B | +37.45% | 966.00M | 698.00M |
| Q4 FY2004 | 31 Dec 2004 | 2.32B | +41.45% | 1.11B | 721.00M |
| Q3 FY2004 | 30 Sept 2004 | 2.17B | +51.75% | 1.12B | 943.00M |
| Q2 FY2004 | 30 Jun 2004 | 1.92B | +64.10% | 1.01B | 504.00M |
| Q1 FY2004 | 31 Mar 2004 | 1.61B | +45.05% | 682.00M | 405.00M |
| Q4 FY2003 | 31 Dec 2003 | 1.64B | +56.15% | 633.00M | 270.00M |
| Q3 FY2003 | 30 Sept 2003 | 1.43B | +30.90% | 620.00M | 468.00M |
| Q2 FY2003 | 30 Jun 2003 | 1.17B | +13.92% | 500.00M | 456.00M |
| Q1 FY2003 | 31 Mar 2003 | 1.11B | +16.47% | 469.00M | 354.00M |
| Q4 FY2002 | 31 Dec 2002 | 1.05B | — | 467.00M | 569.00M |
| Q3 FY2002 | 30 Sept 2002 | 1.09B | — | 544.00M | -150.00M |
| Q2 FY2002 | 30 Jun 2002 | 1.03B | — | 433.00M | -14.00M |
| Q1 FY2002 | 31 Mar 2002 | 953.00M | — | 416.00M | 275.00M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
Vale SA revenue growth by segment
FY2025 against FY2024
Iron Ore25.01B
+0.8%
Copper3.75B
+33.8%
Other229.00M
+62.4%
Vale SA revenue by segment over time
Iron Ore Copper Other Base Metals Fertilizers Bulk Material All Other Segments
See also:Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Vale SA's revenue
Source: Financial Modeling Prep