)

Friedman Industries (FRD) investor relations material
Friedman Industries Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Net sales rose to $134.8 million for the quarter ended June 30, 2025, up from $114.6 million year-over-year, driven by higher sales volume and improved capacity utilization.
Net earnings increased to $5.0 million from $2.6 million year-over-year, reflecting stronger demand and higher margins.
Adjusted gross profit margin improved to 21.6% from 15.8% year-over-year, aided by stable steel prices and effective hedging.
Operating cash flow reached $15.5 million, and debt was reduced by $14.7 million; working capital stood at $117.5 million.
Improved margins and solid sales volume contributed to strong quarterly performance.
Financial highlights
Net sales: $134.8 million, up $20.2 million year-over-year.
Net earnings: $5.0 million, up from $2.6 million year-over-year.
Adjusted gross profit: $29.1 million, up from $18.1 million year-over-year.
Basic and diluted EPS: $0.71, up from $0.37 year-over-year.
Earnings from operations were $7.0 million, up from a loss of $1.4 million year-over-year.
Outlook and guidance
Second quarter sales volume expected to be slightly higher than the first quarter as capacity utilization increases.
Margins anticipated to be lower in the second quarter due to softening hot-rolled coil prices.
Management remains optimistic about long-term industry demand and growth potential.
Current cash, operations, and borrowing capacity deemed adequate for the next 12 months.
Next Friedman Industries earnings date

Next Friedman Industries earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage