Filing Flows › Commercial Metals (CMC) › Q4 FY26 › vs Q3 FY26
Commercial Metals (CMC) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Commercial Metals's revenue rose $175M (+7%) from $2.5B in Q3 FY26 to $2.7B in Q4 FY26. Operating margin 8.6% against 7.6% (+1.0 pts).
Commercial Metals, Q4 FY26: revenue $2.7B (+26% year over year), operating margin 8.6%, net earnings $213M, operating cash flow $456M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Operating margin | 8.6% | 7.6% | +1.0 pts |
| Net margin | 8.0% | 7.0% | +1.0 pts |
| Free cash flow margin | 10.5% | 3.1% | +7.5 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $2.7B | $2.5B | $175M | +7% |
| Operating profit | $229M | $189M | $40.7M | +22% |
| Costs & expenses | $2.4B | $2.3B | $134M | +6% |
| Pre-tax earnings | $229M | $189M | $40.7M | +22% |
| Cost of revenue | $2.2B | $2.0B | $129M | +6% |
| SG&A | $231M | $222M | $8.5M | +4% |
| Other operating costs | $41.2M | $44.0M | −$2.8M | -6% |
| Net earnings | $213M | $173M | $39.5M | +23% |
| Income tax | $17.0M | $15.8M | $1.2M | +7% |
| Depreciation & amortization | $113M | $107M | $5.8M | +5% |
| Share-based compensation | $6.5M | $11.4M | −$4.9M | -43% |
| Working capital & other | $124M | −$59.3M | $183M | — |
| Operating cash flow | $456M | $233M | $223M | +96% |
| Free cash flow (OCF − capex) | $280M | $76.4M | $204M | +267% |
| Capital expenditures | $176M | $156M | $19.4M | +12% |
Questions
How much did Commercial Metals's revenue grow quarter over quarter in Q4 FY26?
Commercial Metals's revenue rose $175M (+7%) from $2.5B in Q3 FY26 to $2.7B in Q4 FY26. Operating margin 8.6% against 7.6% (+1.0 pts).