Filing Flows › Friedman Industries (FRD) › Q1 FY27 › vs Q1 FY26
Friedman Industries (FRD) Q1 FY27 vs Q1 FY26 (year over year)
Friedman Industries's revenue rose $105M (+78%) from $135M in Q1 FY26 to $240M in Q1 FY27. The biggest changes: Flat-roll +$97.7M (+79%); Tubular +$7.5M (+70%). Operating margin 8.8% against 5.2% (+3.5 pts).
Friedman Industries, Q1 FY27: revenue $240M (+78% year over year), operating margin 8.8%, net earnings $12.8M, operating cash flow $7.3M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 8.8% | 5.2% | +3.5 pts |
| Net margin | 5.3% | 3.7% | +1.6 pts |
| Free cash flow margin | 2.1% | 10.2% | -8.0 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Flat-roll | $222M | $124M | $97.7M | +79% |
| Tubular | $18.2M | $10.7M | $7.5M | +70% |
| Revenue | $240M | $135M | $105M | +78% |
| Operating profit | $21.0M | $7.0M | $14.0M | +199% |
| Costs & expenses | $219M | $128M | $91.2M | +71% |
| Pre-tax earnings | $17.0M | $6.6M | $10.3M | +155% |
| Other expense, net | $4.1M | $398K | $3.7M | +919% |
| SG&A | $10.8M | $5.5M | $5.4M | +99% |
| Other operating costs | $208M | $122M | $85.8M | +70% |
| Net earnings | $12.8M | $5.0M | $7.8M | +154% |
| Income tax | $4.2M | $1.6M | $2.6M | +159% |
| Depreciation & amortization | $1.1M | $847K | $222K | +26% |
| Working capital & other | $6.5M | −$9.6M | $16.2M | — |
| Operating cash flow | $7.3M | $15.5M | −$8.2M | -53% |
| Free cash flow (OCF − capex) | $5.1M | $13.7M | −$8.6M | -63% |
| Capital expenditures | $2.2M | $1.8M | $392K | +22% |
Questions
How much did Friedman Industries's revenue grow year over year in Q1 FY27?
Friedman Industries's revenue rose $105M (+78%) from $135M in Q1 FY26 to $240M in Q1 FY27.
What drove Friedman Industries's revenue change in Q1 FY27?
Flat-roll +$97.7M (+79%); Tubular +$7.5M (+70%).