CLEVELAND—October 20, 2025—Cleveland-Cliffs Inc. (NYSE: CLF) today reported third-quarter results for the period ended September 30, 2025. Third-Quarter Consolidated Results Third-quarter 2025 consolidated revenues were $4.7 billion, compared to$4.9 billion in the second quarter of 2025. For the third quarter of 2025, the Company recorded a GAAP net loss of $234 million and adjusted net loss of$223 million, or $0.45 per diluted share. This compares to a second quarter 2025 GAAP net loss of$473 million an ...