Steel Dynamics

STLD · Materials · Market cap $36.2B

Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 28, 2026

Revenue$6.09B +33% year over year

Gross profit$0.96B

Operating profit$0.70B

Net profit$0.53B 9% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	6.09	100%	+33%
Cost of revenue	−5.13	84%
Gross profit	0.96	16% margin	+2pp
SG&A	−0.19	3%	−1pp
Other	−0.07	1%	+0pp
Operating profit	0.70	11% margin	+3pp
Tax	−0.17
Net profit	0.53	9%	+2pp

Quarter by quarter

So far we hold one set of results. Another one arrives with the next filing.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26	Apr 1 – Jun 30, 2026	Jul 28, 2026	$6.1B	+33%	11%	$0.5B	9%