Operating Income

Gross Profit

Steel Dynamics Gross Profit increased by 44.2% to $763.22M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 56.9%, from $486.54M to $763.22M. Over 4 years (FY 2021 to FY 2025), Gross Profit shows a downward trend with a -18.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.

Detailed definition

The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...

Peer comparison

Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.

Metric ID: gross_profit

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.20B$1.60B$1.76B$1.78B$1.88B$1.46B$987.55M$1.06B$1.31B$952.02M$730.88M$980.80M$774.84M$605.22M$441.73M$486.54M$618.47M$757.88M$529.29M$763.22M
QoQ Change+33.4%+10.1%+1.2%+5.7%-22.2%-32.6%+6.9%+23.7%-27.2%-23.2%+34.2%-21.0%-21.9%-27.0%+10.1%+27.1%+22.5%-30.2%+44.2%
YoY Change+57.0%-8.5%-43.9%-40.8%-30.6%-35.0%-26.0%-7.1%-40.7%-36.4%-39.6%-50.4%-20.2%+25.2%+19.8%+56.9%
Range$441.73M$1.88B
CAGR-9.1%
Avg YoY Growth-13.8%
Median YoY Growth-28.3%

Frequently Asked Questions

What is Steel Dynamics's gross profit?
Steel Dynamics (STLD) reported gross profit of $763.22M in Q1 2026.
How has Steel Dynamics's gross profit changed year-over-year?
Steel Dynamics's gross profit increased by 56.9% year-over-year, from $486.54M to $763.22M.
What is the long-term trend for Steel Dynamics's gross profit?
Over 4 years (2021 to 2025), Steel Dynamics's gross profit has grown at a -18.3% compound annual growth rate (CAGR), from $5.36B to $2.39B.
What does gross profit mean?
The money left over from sales after paying for the direct cost of goods sold.