FRD at a glance
FRIEDMAN INDUSTRIES INC (FRD, SEC CIK 39092) filed its latest 10-K annual report on June 11, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 28, 2026 and Form 4 insider filings as recently as June 22, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended March 31, 2025 (FY2025), FRIEDMAN INDUSTRIES INC (FRD) reported revenue of $444.6 million (down 13.9% from FY2024) and net income of $6.1 million. Diluted EPS was $0.87.
- As of June 30, 2026, 18 institutional investment managers tracked by SignalX reported holding FRIEDMAN INDUSTRIES INC (FRD) shares worth $64.7 million in 13F-HR filings.
- The most recent insider open-market purchase reported on Form 4 was by Chhibbar Gaurav on March 18, 2026 of 400 shares at $16.94 per share.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $444.6M
- −13.9% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 18 funds
- $64.7M · +1 vs prior quarter
- Latest 8-K
- Sep 28, 2026
- Item 5.07
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Mar 31, 2026
Risk Factors
- Section 'risk_factors' was empty or not found.
Management Discussion & Analysis
- Revenue $646.9M in fiscal 2026, up $202.3M from $444.6M in fiscal 2025; driven by volume and higher prices
- Adjusted gross profit margin 19.8% in 2026 vs 17.8% in 2025; adjusted gross profit $128.2M vs $79.0M
- Best segment flat-roll: sales $596.1M (+$191.5M YoY), operating income $34.0M vs $13.7M; worst tubular: $50.8M sales (+$10.8M), operating income $5.6M up from -$1.4M loss
- Cash & liquidity: working capital $180.9M vs $128.1M; debt $92.6M at 5.3% interest; no buybacks, dividends steady at $0.16/share, capex not detailed
- Outlook cautious due to metal price volatility; hedging gains $3.4M in 2026; risks include raw material supply and demand changes impacting margins
Business Overview
- Core business: manufacturing and processing metals via flat-roll and tubular product segments
- Introduced Gaurav Chhibbar as Chief Operating Officer in July 2025, indicating possible operational leadership change
- Employee count stable at 381 full-time U.S. employees as of March 31, 2026
- Flat-roll segment sales largely driven by O'Neal Steel at 15% of total sales in fiscal 2026, slight decline from 16% in 2025
- Emphasis on inclusive talent management and safety programs to foster employee well-being and operational continuity
AI summary of the FRD 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue increased $105.2M YoY; adjusted gross profit $55.8M vs $29.1M
- Adjusted gross margin 23.2% vs 21.6% YoY
- Flat-roll best performer: sales $221.8M vs $124.1M; operating earnings $24.7M vs $8.8M
- Tubular sales $18.2M vs $10.7M; operating earnings $2.1M vs $1.3M
- ABL balance $91.5M at 5.3%; management expects cash, operations and borrowing capacity adequate for 12 months
AI summary of the FRD 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.07: Submission of Matters to a Vote of Security Holders
- All six director nominees elected, preserving board continuity through the next annual meeting
- Executive compensation approved on advisory basis, with 4,034,540 shares for versus 98,253 against
Item 2.03: Creation of a Direct Financial Obligation
- Item 2.03 section contains only execution details, signed September 10, 2026 by CFO Alex LaRue
- No borrowing amount, interest rate, maturity, lender, or purpose disclosed in the provided text
Item 2.02: Results of Operations and Financial Condition
- Q1 fiscal 2026 results covered quarter ended June 30, 2026
- Press release issued August 6, 2026 and furnished as Exhibit 99.1
AI summaries of FRD 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for FRD
Don't miss the next FRD filing
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- Fund moves. Which tracked funds opened, added or cut FRD, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Taylor Mike J | A | Jun 3, 2026 | 30,000 | - |
| Chhibbar Gaurav | A | Jun 3, 2026 | 15,000 | - |
| LaRue Alex | A | Jun 3, 2026 | 10,000 | - |
| Chhibbar Gaurav | Buy | Mar 18, 2026 | 400 | $16.94 |
| Taylor Mike J | Buy | Mar 9, 2026 | 500 | $18.00 |
| Taylor Mike J | Buy | Mar 3, 2026 | 400 | $18.00 |
| Taylor Mike J | Buy | Feb 23, 2026 | 100 | $18.00 |
| Taylor Mike J | Buy | Feb 18, 2026 | 600 | $18.75 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $516.3M | $444.6M |
| Operating Income | - | $24.5M | $3.0M |
| Net Income | - | $17.3M | $6.1M |
| Op. Margin | - | 4.7% | 0.7% |
| Net Margin | - | 3.4% | 1.4% |
| Balance Sheet | |||
| Total Assets | - | $230.0M | $226.8M |
| Equity | $115.4M | $127.5M | $132.4M |
| ROE | - | 13.6% | 4.6% |
| Per Share | |||
| EPS | $2.91 | $2.39 | $0.87 |
| Cash Flow | |||
| Operating CF | $63.9M | $5.0M | -$4.4M |
| CapEx | $16.5M | $5.8M | $4.0M |
Source: XBRL data in FRIEDMAN INDUSTRIES INC (FRD)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate FRD share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 18 | $64.7M |
| Q1 2026 | 17 | $33.8M |
| Q4 2025 | 15 | $39.2M |
| Q3 2025 | 14 | $41.1M |
| Q2 2025 | 15 | $30.2M |
| Q1 2025 | 12 | $20.8M |
| Q4 2024 | 7 | $19.4M |
| Q3 2024 | 5 | $15.6M |
- BlackRock+66.4K (+20%)
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- Renaissance Technologies LLC−33.4K (-10%)
- Citadel Advisors LLC−7.8K (-30%)
- Morgan Stanley−5.5K (-6%)
- Wells Fargo & Co−4.7K (-38%)
- Northern Trust−3.6K (-6%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 103 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
FRD filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 28, 2026 | - | Analysis | - |
| 8-K | Sep 10, 2026 | - | Analysis | - |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| SC 13G | Jul 28, 2026 | - | - | |
| 4 | Jun 22, 2026 | - | - | - |
| 4 | Jun 22, 2026 | - | - | - |
| 4 | Jun 22, 2026 | - | - | - |
| 8-K | Jun 11, 2026 | - | Analysis | - |
| 10-K | Jun 11, 2026 | Mar 31, 2026 | Analysis | |
| 4 | Mar 19, 2026 | - | - | - |
| 8-K | Mar 17, 2026 | - | Analysis | - |
| 4 | Mar 11, 2026 | - | - | - |
| 4 | Mar 5, 2026 | - | - | - |
| 4 | Feb 25, 2026 | - | - | - |
| 4 | Feb 20, 2026 | - | - | |
| 10-Q | Feb 9, 2026 | Dec 31, 2025 | Analysis | |
| 8-K | Feb 9, 2026 | - | - | |
| 8-K | Dec 15, 2025 | - | - | |
| 4 | Dec 4, 2025 | - | - | |
| 4 | Dec 2, 2025 | - | - | |
| 4 | Nov 25, 2025 | - | - | |
| 10-Q | Nov 10, 2025 | Sep 30, 2025 | Analysis | |
| 10-Q | Aug 7, 2025 | Jun 30, 2025 | - | |
| SC 13G | Jul 29, 2025 | - | - |
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FRD SEC filings: frequently asked questions
Which institutions hold FRD stock?
As of June 30, 2026, the largest FRIEDMAN INDUSTRIES INC (FRD) holders among the 13F filers tracked by SignalX were Dimensional Fund Advisors ($17.5 million), BlackRock ($12.7 million), Vanguard Capital Management LLC ($9.8 million), Renaissance Technologies LLC ($9.6 million), State Street Corp ($3.1 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was FRD's revenue in fiscal year 2025?
For the fiscal year ended March 31, 2025 (FY2025), FRIEDMAN INDUSTRIES INC (FRD) reported revenue of $444.6 million (down 13.9% from FY2024) and net income of $6.1 million. Diluted EPS was $0.87. The figures come from the XBRL data in the 10-K.
What are the main risks in FRD's latest 10-K?
In the 10-K filed June 11, 2026, FRIEDMAN INDUSTRIES INC (FRD) flagged: Section 'risk_factors' was empty or not found. (AI summary of the Risk Factors section.)
What did FRD report in its latest 8-K?
FRIEDMAN INDUSTRIES INC (FRD) filed an 8-K on September 28, 2026 reporting Item 5.07 (Submission of Matters to a Vote of Security Holders). All six director nominees elected, preserving board continuity through the next annual meeting.
What are the latest FRD SEC filings?
FRIEDMAN INDUSTRIES INC (FRD) filed its latest 10-K annual report on June 11, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 28, 2026 and a Form 4 insider filing on June 22, 2026.
What is FRD's SEC CIK number?
FRIEDMAN INDUSTRIES INC (FRD)'s SEC Central Index Key (CIK) is 39092. EDGAR lists every FRD filing under that number.
Ask anything about FRD
The research agent reads FRD's filings, financials, insider trades and 13F holders, then answers with sources.