Friedman Industries, Incorporated (FRD) FY2026 earnings

Reported results

• Net sales for the second quarter ended September 30, 2026 were approximately $286.8 million (GAAP), an 88% increase year-over-year.
• GAAP net earnings were approximately $15.6 million ($2.19 diluted earnings per share) for the quarter ended September 30, 2026.
• Non-GAAP EBITDA for the quarter ended September 30, 2026 was approximately $23.0 million, compared to approximately $4.7 million for the quarter ended September 30, 2025.
• GAAP earnings from operations were $36,574 thousand for the three months ended September 30, 2026.
• Quarterly sales volume reached approximately 219,500 tons, an increase of 23% year-over-year.

Guidance

• The Company expects third quarter sales volume consistent with seasonal trends.
• The Company anticipates sequential improvement in sales margins driven by increases in average selling prices during the third quarter.

Price and volatility reaction

The stock moved +1.4% on the print. No front-expiry chain was on file, so there is no straddle expected move.

Source

The figures above come from the earnings release the company filed with the SEC on 2026-11-05 (8-K, Item 2.02). Read the original filing on sec.gov.