Nucor Q1 FY26: where the revenue came from and where it went
The whole income statement of Nucor for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Apr 4, 2026
- Reported
- May 13, 2026
Revenue$9.50B
+21% year over year
Gross profit$1.50B
16% margin
Operating profit$1.12B
12% margin
Net profit$0.74B
8% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.50 | 100% | +21% |
| Sheet | 2.79 | 29% | +26% |
| Bar | 1.69 | 18% | +13% |
| Other | 1.27 | 13% | |
| Other steel products | 0.99 | 11% | +15% |
| Structural | 0.85 | 9% | +32% |
| Plate | 0.70 | 7% | +25% |
| Raw materials | 0.67 | 7% | +30% |
| Tubular products | 0.53 | 6% | +45% |
| Cost of revenue | −8.00 | 84% | |
| Gross profit | 1.50 | 16% margin | +8pp |
| SG&A | −0.38 | 4% | +0pp |
| Operating profit | 1.12 | 12% margin | +0pp |
| Interest & other costs | −0.15 | ||
| Tax | −0.23 | ||
| Net profit | 0.74 | 8% margin | +6pp |
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