Algoma Steel Group Inc. income statement

In fiscal 2025, Algoma Steel Group Inc. reported revenue of $1.49bn, down 28.0% on the year before, operating income of −$949m (a -63.6% margin) and net income of −$705m, or −$6.49 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Algoma Steel Group Inc.: income statement, annual
Fiscal year	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Dec 2025
Revenue	1,471	1,359	3,037	2,102	2,074	1,493
Cost of revenue	1,531	1,240	1,829	1,807	1,864	1,969
Gross profit	−60	119	1,208	295	209	−476
Operating income	−103	64	1,126	220	124	−949
Income before tax	−135	−58	923	285	107	−931
Income tax	−3	0	238	59	29	−226
Net income	−132	−58	684	226	78	−705
Diluted EPS	−$1.85	−$0.80	$6.18	$1.29	$0.52	−$6.49
Diluted shares (average)	—	—	112m	147m	133m	109m

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Algoma Steel Group Inc.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Algoma Steel Group Inc.