Filing Flows › Commercial Metals (CMC) › Q4 FY26
Commercial Metals (CMC) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Oct 16, 2026
Commercial Metals (CMC) reported revenue of $2.7B for the fourth quarter fiscal 2026 (Q4 FY26), +26% from a year earlier and +7% from the quarter before. Operating margin was 8.6%, net earnings $213M (8.0% of revenue).
Commercial Metals, Q4 FY26: revenue $2.7B (+26% year over year), operating margin 8.6%, net earnings $213M, operating cash flow $456M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | +7% | +26% |
| Operating profit | $229M | +22% | +19% |
| Net earnings | $213M | +23% | +40% |
| Operating cash flow | $456M | +96% | +45% |
| Free cash flow | $280M | +267% | +36% |
What changed
Revenue was $2.7B in Q4 FY26, up 26% year over year and up 7% from the previous quarter.
Operating profit was $0.23B, a 8.6% margin (down 0.5 points year over year). Of the extra revenue versus Q4 FY25, 7% reached operating profit, below the 9% margin then. Total costs grew 26% against revenue growth of 26%. The fastest-growing cost line was Other operating costs (+100%). Net earnings were $0.21B, up 40% year over year. The effective tax rate was 7.4%.
Operating cash flow was $0.46B (up 45% year over year), 215% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.12B. Capital expenditures of $0.18B left free cash flow of $0.28B.
Questions
What was Commercial Metals' revenue in the fourth quarter fiscal 2026?
Commercial Metals (CMC) reported revenue of $2.7B for the fourth quarter fiscal 2026 (Q4 FY26), +26% from a year earlier and +7% from the quarter before.
Was Commercial Metals profitable in the fourth quarter fiscal 2026?
Operating profit was $229M (8.6% of revenue) and net earnings $213M.
Source: Commercial Metals 10-K on SEC EDGAR.