Dudediligence.

Friedman Industries, Incorporated

FRDNASDAQ · Steel Works, Blast Furnaces & Rolling & Finishing Mills
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Fundamentals

Oldest to newest
Revenue, by quarter
$106.8MSep ’24$94.1MDec ’24$129.2MMar ’25$134.8MJun ’25$152.4MSep ’25$168.0MDec ’25$191.8MMar ’26$240.0MJun ’26
Net income, by quarter
−$675,000Sep ’24−$1.2MDec ’24$5.3MMar ’25$5.0MJun ’25$2.2MSep ’25$3.0MDec ’25$9.2MMar ’26$12.8MJun ’26
Fiscal years, by the month each ended
LineMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue$285.2M$547.5M$516.3M$444.6M$646.9M
Gross profit$41.0M$43.1M$24.5M$2.8Mnone on file
Operating income$28.5M$21.1M$24.5M$3.0M$25.7M
Net income$14.1M$21.3M$17.3M$6.1M$19.5M
Operating cash flow−$13.4M$63.9M$5.0M−$4.4M$8.5M
Free cash flow−$21.5M$47.4M−$813,000−$8.4M$1.4M
Cash$2.6M$3.0M$2.9M$3.7M$2.5M
Shares outstanding8.3M8.9M8.9M8.9M9.0M