FINHUB Insights

STLD · Q2 FY26 · Apr 1 – Jun 30, 2026

Steel Dynamics Q2 FY26: where the revenue came from and where it went

Steel Dynamics Q2 FY26: revenue $6.1B (+33% year over year). Net profit $0.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2026
Reported
Jul 28, 2026 10-Q
Sankey diagram of Steel Dynamics's income statement for Q2 FY26: revenue of $6.09 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$6.09B +33% year over year
Gross profit$0.96B 16% margin
Operating profit$0.70B 11% margin
Net profit$0.53B 9% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear over year
Revenue 6.09 100% +33%
Cost of revenue−5.1384%
Gross profit0.9616% margin+2pp
SG&A−0.193%−1pp
Other−0.071%+0pp
Operating profit0.7011% margin+3pp
Tax−0.17
Net profit0.539%+2pp
Filing on EDGAR More quarters of STLD

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.