Friedman Industries, Incorporated (FRD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 191.78M | 167.97M | 152.38M | 134.78M | 129.22M | 94.07M | 106.76M | 114.55M | 132.23M | 115.97M | 130.75M | 137.3M | 124.19M | 111.86M | 149.69M | 161.8M | 75.09M | 51.66M | 92.57M | 65.92M |
| Revenue Growth % | 48.42% | 78.56% | 42.74% | 17.66% | -2.28% | -18.88% | -18.35% | -16.57% | 6.48% | 3.68% | -12.66% | -15.14% | 65.38% | 116.55% | 61.71% | 145.47% | 52.58% | 81.24% | 272.34% | 180.2% |
| Cost of Goods Sold | 170.22M | 156.93M | 143.22M | 122.28M | 111.93M | 85.98M | 96.62M | 104.59M | 92.41M | 105.53M | 117.68M | 114.81M | 83.69M | 105.73M | 145.01M | 143.13M | 77.53M | 55.26M | 62.88M | 48.59M |
| COGS % of Revenue | 88.76% | 93.42% | 93.98% | 90.73% | 86.62% | 91.4% | 90.5% | 91.31% | 69.88% | 91% | 90.01% | 83.62% | 67.39% | 94.52% | 96.87% | 88.46% | 103.24% | 106.98% | 67.92% | 73.71% |
| Gross Profit | 21.56M | 11.05M | 9.17M | 12.5M | 17.29M | 8.09M | 10.14M | 9.96M | 39.83M | 10.44M | 13.06M | 22.49M | 40.5M | 6.13M | 4.68M | 18.67M | -2.43M | -3.6M | 29.69M | 17.33M |
| Gross Margin % | 11.24% | 6.58% | 6.02% | 9.27% | 13.38% | 8.6% | 9.5% | 8.69% | 30.12% | 9% | 9.99% | 16.38% | 32.61% | 5.48% | 3.13% | 11.54% | -3.24% | -6.98% | 32.08% | 26.29% |
| Gross Profit Growth % | 24.73% | 36.53% | -9.58% | 25.49% | -56.6% | -22.5% | -22.41% | -55.72% | -1.66% | 70.34% | 179.26% | 20.44% | 1763.88% | 270.09% | -84.25% | 7.74% | -113.72% | -180.16% | 2621.57% | 6649.63% |
| Operating Expenses | 9.73M | 7.15M | 6.29M | 5.46M | 11.43M | 9.28M | 10.36M | 11.36M | 32.89M | 4.27M | 12.01M | 12.13M | 33.24M | 4.7M | 4.61M | 6.35M | 1.83M | 1.99M | 5.36M | 3.37M |
| OpEx % of Revenue | 5.07% | 4.26% | 4.13% | 4.05% | 8.85% | 9.86% | 9.71% | 9.91% | 24.88% | 3.68% | 9.18% | 8.84% | 26.77% | 4.2% | 3.08% | 3.93% | 2.44% | 3.86% | 5.79% | 5.12% |
| Selling, General & Admin | 9.73M | 7.15M | 6.29M | 5.46M | 3.84M | 3.89M | 9.32M | 10.56M | 29.82M | 0 | 4.73M | 11.38M | 30.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | 5.07% | 4.26% | 4.13% | 4.05% | 2.97% | 4.13% | 8.73% | 9.22% | 22.55% | - | 3.62% | 8.29% | 24.73% | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 847K | 1000K | 1000K | 1000K | 795K | 1000K | 1000K | 1000K | 749K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 11.83M | 3.9M | 2.88M | 7.04M | 5.85M | -1.19M | -224K | -1.4M | 6.93M | 6.17M | 1.05M | 10.36M | 7.26M | 1.43M | 71K | 12.32M | -4.27M | -5.6M | 24.33M | 13.96M |
| Operating Margin % | 6.17% | 2.32% | 1.89% | 5.23% | 4.53% | -1.26% | -0.21% | -1.22% | 5.24% | 5.32% | 0.81% | 7.54% | 5.84% | 1.28% | 0.05% | 7.61% | -5.68% | -10.84% | 26.29% | 21.17% |
| Operating Income Growth % | 102.15% | 428.48% | 1385.27% | 603.79% | -15.59% | -119.23% | -121.23% | -113.5% | -4.45% | 331.98% | 1385.92% | -15.93% | 270.07% | 125.53% | -99.71% | -11.73% | -129.59% | -302.5% | 7774.8% | 1323.24% |
| EBITDA | 12.88M | 4.93M | 3.82M | 7.89M | 6.7M | -360K | 599K | -603K | 7.71M | 6.93M | 1.81M | 11.13M | 7.9M | 2.13M | 713K | 12.85M | -3.94M | -5.27M | 24.66M | 14.29M |
| EBITDA Margin % | 6.72% | 2.93% | 2.5% | 5.85% | 5.18% | -0.38% | 0.56% | -0.53% | 5.83% | 5.98% | 1.39% | 8.11% | 6.36% | 1.91% | 0.48% | 7.94% | -5.25% | -10.2% | 26.64% | 21.68% |
| EBITDA Growth % | 92.37% | 1468.89% | 537.06% | 1408.46% | -13.13% | -105.19% | -67% | -105.42% | -2.44% | 224.82% | 154.56% | -13.4% | 300.55% | 140.53% | -97.11% | -10.1% | -126.8% | -277.72% | 20385.49% | 1874.6% |
| D&A (Non-Cash Add-back) | 1.05M | 1.03M | 937K | 847K | 846K | 827K | 823K | 795K | 777K | 762K | 760K | 771K | 647K | 706K | 642K | 531K | 325.79K | 331.05K | 325.81K | 337.36K |
| EBIT | 14.14M | 5.28M | 3.73M | 7.32M | 7.62M | -920K | -2K | 3.98M | 8.08M | 2.05M | 5.47M | 10.79M | 9.24M | 2.25M | 3.83M | 13.12M | -5.32M | -3.87M | 24.4M | 13.98M |
| Net Interest Income | -1.39M | -1.28M | -754K | -678K | -771K | -632K | -869K | -681K | -937K | -790K | -805K | -540K | -719.85K | -448K | -621K | -429.38K | -101.43K | -58.38K | -72.3K | -23.21K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -1.39M | 1.28M | 754K | 678K | 771K | 632K | 869K | 681K | 937K | 790K | 805K | 540K | 719.85K | 448K | 621K | 429.38K | 101.43K | 58.38K | 72.3K | 23.21K |
| Other Income/Expense | 916K | 105K | 98K | -398K | 996K | -365K | -678K | 4.7M | 208K | -4.92M | 3.61M | -104K | 1.26M | 378K | 3.13M | 2.34M | -1.16M | 1.67M | -6.84M | 312.06K |
| Pretax Income | 12.75M | 4M | 2.98M | 6.64M | 6.85M | -1.55M | -902K | 3.3M | 7.14M | 1.26M | 4.66M | 10.25M | 8.52M | 1.81M | 3.21M | 14.66M | -5.42M | -3.93M | 17.49M | 14.27M |
| Pretax Margin % | 6.65% | 2.38% | 1.95% | 4.93% | 5.3% | -1.65% | -0.84% | 2.88% | 5.4% | 1.08% | 3.57% | 7.47% | 6.86% | 1.62% | 2.14% | 9.06% | -7.22% | -7.61% | 18.9% | 21.65% |
| Income Tax | 3.52M | 961K | 737K | 1.62M | 1.5M | -400K | -227K | 732K | 2.18M | 74K | 1.15M | 2.56M | 2.21M | 431K | 735K | 3.47M | 2.04M | -967.68K | 4.31M | 2.96M |
| Effective Tax Rate % | 27.65% | 24% | 24.76% | 24.33% | 21.95% | 25.77% | 25.17% | 22.19% | 30.57% | 5.88% | 24.65% | 25% | 25.9% | 23.85% | 22.93% | 23.7% | -37.6% | 24.63% | 24.67% | 20.72% |
| Net Income | 9.19M | 3.04M | 2.21M | 5.03M | 5.34M | -1.15M | -675K | 2.57M | 4.96M | 1.18M | 3.51M | 7.69M | 6.31M | 1.38M | 2.47M | 11.18M | -7.46M | -2.96M | 13.18M | 11.31M |
| Net Margin % | 4.79% | 1.81% | 1.45% | 3.73% | 4.14% | -1.22% | -0.63% | 2.24% | 3.75% | 1.02% | 2.69% | 5.6% | 5.08% | 1.23% | 1.65% | 6.91% | -9.94% | -5.73% | 14.24% | 17.16% |
| Net Income Growth % | 71.97% | 364.15% | 427.41% | 95.87% | 7.81% | -197.3% | -119.21% | -66.62% | -21.46% | -13.95% | 42.17% | -31.24% | 184.61% | 146.46% | -81.25% | -1.13% | -171.72% | -239.07% | 5370.94% | 1417.07% |
| Net Income (Continuing) | 9.22M | 3.04M | 2.24M | 5.03M | 5.34M | -1.15M | -675K | 2.57M | 4.96M | 1.18M | 3.51M | 7.69M | 6.31M | 1.38M | 2.47M | 11.18M | -7.46M | -2.96M | 13.18M | 11.31M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.30 | 0.43 | 0.32 | 0.71 | 0.76 | -0.17 | -0.10 | 0.37 | 0.70 | 0.16 | 0.48 | 1.04 | 0.84 | 0.19 | 0.34 | 1.58 | -1.11 | -0.43 | 1.91 | 1.64 |
| EPS Growth % | 71.05% | 352.94% | 428.54% | 91.89% | 8.57% | -206.25% | -120.29% | -64.42% | -16.67% | -15.79% | 41.18% | -34.18% | 175.68% | 144.19% | -82.2% | -3.66% | -174% | -243.33% | 5495.48% | 1466.67% |
| EPS (Basic) | 1.30 | 0.43 | 0.32 | 0.71 | 0.76 | -0.17 | -0.10 | 0.37 | 0.70 | 0.16 | 0.48 | 1.04 | 0.84 | 0.19 | 0.34 | 1.58 | -1.11 | -0.43 | 1.91 | 1.64 |
| Diluted Shares Outstanding | 6.97M | 6.97M | 6.97M | 6.97M | 7.03M | 6.95M | 6.94M | 6.94M | 6.98M | 7.25M | 7.29M | 7.29M | 7.38M | 7.28M | 7.24M | 7.07M | 6.72M | 6.91M | 6.58M | 6.58M |
| Basic Shares Outstanding | 6.97M | 6.97M | 6.97M | 6.97M | 7.03M | 6.95M | 6.94M | 6.94M | 6.98M | 7.25M | 7.29M | 7.29M | 7.38M | 7.28M | 7.24M | 7.07M | 6.72M | 6.91M | 6.58M | 6.58M |
| Dividend Payout Ratio | 3.11% | 9.23% | 12.81% | 5.61% | 5.22% | - | - | 10.87% | 2.78% | 12.5% | 4.18% | 1.92% | 2.33% | 10.68% | 5.99% | 1.31% | - | - | 1.05% | 1.22% |