Friedman Industries Inc. (FRD)

Nasdaq: FRD · Steel Works, Blast Furnaces & Rolling & Finishing Mills · Longview, TX · filing with the SEC since 1995

Grade4.1

◀ Past 3.7● Present 5.5▶ Future 2.5

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in March.

The Form 10-K filed Jun 11, 2026 for the period ended Mar 31, 2026 is not in EDGAR's company facts yet; its figures here are that filing's own, read from the SEC's financial statement data sets.

Income statement, by fiscal year, newest first
Fiscal year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017
Report filed	Jun 11, 2026	Jun 12, 2025	Jun 11, 2024	Jul 14, 2023	Aug 2, 2022	Jul 7, 2021	Jun 29, 2020	Jul 1, 2019	Jun 28, 2018	Jun 29, 2017
Revenue	646,913,000	444,600,000	516,251,000	547,542,000	285,235,000^r	126,102,533	142,102,324	187,154,493	121,157,278	77,756,055
Cost of revenue	·	441,815,000	491,733,000	504,457,000	244,248,000^r	102,517,335	139,491,989	174,247,456	111,208,087^r	77,947,677
Selling, general and administrative	28,622,000	16,171,000	21,039,000	21,894,000^r	12,467,000^r	7,835,184	5,124,572	4,782,510	4,181,657	4,018,199
Total costs and expenses	621,262,000	441,815,000	491,733,000	526,468,000	256,715,000^r	110,377,138	148,959,786	180,771,051	115,417,590^r	81,965,876
Operating income	25,651,000	3,043,000	24,518,000	21,074,000	28,520,000^r	15,725,395	-6,857,462	6,383,442	5,739,688^r	-4,209,821
Interest expense	4,104,000	2,953,000	3,072,000	2,218,000	255,000^r	24,619	4,806	17,546	27,846	·
Other income (expense), net	·	5,000	20,000	·	·	·	·	·	·	·
Total non-operating income (expense)	-7,000	5,000	20,000	27,000	1,702,000^r	-503,422	19,260	·	·	·
Income before income taxes	26,372,000	7,693,000	23,314,000	28,189,000	18,331,000^r	15,221,973	-6,838,202	6,823,945	5,764,588^r	-4,150,816
Income tax expense	6,839,000	1,608,000	5,969,000	6,845,000	4,265,000^r	3,797,498	-1,588,992	1,724,021	1,830,487^r	-1,472,132
Net income	19,533,000	6,085,000	17,345,000	21,344,000	14,066,000^r	11,424,475	-5,249,210	5,099,924	3,934,101^r	-2,678,684
Net income to common shareholders	·	6,064,000	17,168,000	21,015,000	13,523,000^r	10,932,013	·	·	·	·
Earnings per share, basic	2.76	0.87	2.39	2.91	2.04	1.63	-0.75	0.73	0.56^r	-0.39
Earnings per share, diluted	2.76	0.87	2.39	2.91	2.04	1.63	-0.75	0.73	0.56^r	-0.39
Weighted average shares, basic	·	·	·	·	6,623,769	6,703,654^r	7,000,403	7,010,266	7,009,444	6,851,944
Weighted average shares, diluted	·	6,944,602	7,183,702	7,216,142	6,623,769	6,703,654^r	7,000,403	7,010,266	7,009,444	6,851,944

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:Revenues
us-gaap:SalesRevenueGoodsNet

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton FRD · research, not advice