Nucor Corporation (NUE) Financials
Key financial figures for Nucor Corporation (Q2 2026).
Nucor posted a second consecutive quarterly shipment record and net earnings of $1.16 billion ($5.04 diluted EPS), up 56% year-over-year, as 50% Section 232 tariffs pushed steel mill utilization to 91%. Results vs prior periods: Net sales of $10.40 billion (up 23% YoY, up 9% sequentially); net earnings attributable to Nucor stockholders of $1.16 billion, or $5.04 diluted EPS (up from $3.23 in Q1 2026 and $2.60 in Q2 2025). Adjusted EPS (excluding a $61 million non-cash Helion investment gain) was $4.84. Drivers: Steel mills segment earnings more than doubled sequentially to $1.556 billion (from $1.128 billion in Q1 2026), driven by higher average selling prices and record volumes, plus a $130 million reduction to cost of products sold from prior-period raw materials procurement cash refunds. On the outlook: Nucor expects higher consolidated reported earnings in Q3 2026: steel mills segment earnings should rise on higher realized pricing across all major product categories with stable volumes; steel products segment earnings should rise on both higher volumes and higher realized pricing; raw materials segment earnings are expected to decrease due to lower margins. Figures are for Q2 2026, as Nucor Corporation reported them.
- Revenue
- $10.4B
- Net Income
- $1.3B
- EPS
- $5.05
- Total Assets
- $37.0B
- Operating Cash Flow
- $1.4B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $10.4B | $1.2B | $5.04 | 15.67% | $829M |
| Q1 FY2026 | $9.5B | $743M | $3.23 | 11.54% | $225M |
| Q4 FY2025 | $7.7B | $378M | $1.64 | 6.87% | -$3M |
| Q3 FY2025 | $8.5B | $607M | $2.63 | 10.42% | $532M |
| Q2 FY2025 | $8.5B | $603M | $2.60 | 10.87% | -$222M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $32.5B | $1.7B | $7.52 | 8.18% | -$188M |
| FY2024 | $30.7B | $2.0B | $8.46 | 9.69% | $806M |
| FY2023 | $34.7B | $4.5B | $18.00 | 17.95% | $4.9B |
Frequently asked questions
What was Nucor Corporation's revenue last quarter?
Nucor Corporation reported revenue of $10.40 billion for Q2 FY2026, up 23.0% from the same period a year earlier.
Is Nucor Corporation profitable?
Yes. Nucor Corporation reported net income of $1.16 billion for Q2 FY2026, a net margin of 11.12% on revenue.
How has Nucor Corporation's margin trended?
Operating margin was 15.67% in Q2 FY2026, compared with 10.87% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Nucor Corporation generate?
Nucor Corporation generated free cash flow of $829.0 million in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Nucor Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.