10-Q quarterly report · filed Nov 10, 2025

FRIEDMAN INDUSTRIES INC (FRD) Q3 2025 10-Q Quarterly Report

Short answer

FRIEDMAN INDUSTRIES INC (FRD) filed its Q3 2025 10-Q quarterly report on Nov 10, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $152M (up 42.7% year over year) with net income of $2M.

Q3 2025 key financials · XBRL

Revenue
$152M
+42.7% YoY · +13.1% QoQ
Net income
$2M
+431.9% YoY · −55.4% QoQ
Operating margin
1.9%
EPS (diluted)
$0.32
+420.0% YoY · −54.9% QoQ

Source: XBRL data from the FRIEDMAN INDUSTRIES INC (FRD) Q3 2025 10-Q on SEC EDGAR. USD.

FRIEDMAN INDUSTRIES INC Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly sales increased $45.6M YoY, with inventory volume rising to 154,500 tons from 121,500 tons
  • Adjusted gross margin 17.3% vs 16.9% YoY, with adjusted gross profit $26.3M vs $18.0M
  • Flat-roll best performer: sales $143.3M vs $97.4M, operating earnings $5.7M vs $2.7M
  • Tubular sales $9.0M vs $9.4M, but operating earnings improved to $0.9M from a $0.6M loss
  • Working capital $159.9M vs $128.1M; ABL borrowings $83.5M at 5.8%; modest margin improvement expected next quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other FRIEDMAN INDUSTRIES INC quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.