FRIEDMAN INDUSTRIES INC (FRD) Form 8-K — Aug 6, 2026
Friedman Industries (NASDAQ: FRD) reported record fiscal Q1 results for the quarter ended June 30, 2026, with net earnings of $12.8 million ($1.79 diluted EPS) on net sales of $240.0 million, up 78% year over year from $5.0 million ($0.71 diluted EPS) on $134.8 million. EBITDA rose to $19.3 million from $8.2 million a year ago on record sales volume of approximately 206,000 tons, up 28% year over year; roughly 33,000 tons of the increase was organic growth at legacy facilities, with the remainder from Century Metals, acquired in August 2025.
Key figures
- Eps
- 1.79
- Revenue
- 239971000
- Guidance
- Expects second quarter sales volumes comparable to first quarter volumes with sequential improvement in sales margins driven by increases in average selling prices
- Net Income
- 12784000
- Revenue Yoy
- 78%
- Total Assets
- 373438000
- Ebitda
- 19270000
- Ebitda Prior Year
- 8170000
- Sales Volume Tons
- 206000
- Operating Cash Flow
- 7300000
- Sales Volume Yoy Pct
- 28
- Prior Year Net Income
- 5028000
- Prior Year Diluted Eps
- 0.71
- Tubular Segment Sales
- 18200000
- Flat Roll Segment Sales
- 221800000
- Sales Volume Seq Growth Pct
- 9
- Total Stockholders Equity
- 164151000
- Avg Selling Price Tubular Per Ton
- 1341
- Avg Selling Price Flat Roll Per Ton
- 1262
Price after filing
Close on the filing date to close N calendar days later (from $35.37). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.