Filing Flows › Friedman Industries (FRD) › Q4 FY25
Friedman Industries (FRD) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jun 12, 2025
Friedman Industries (FRD) reported revenue of $129M for the fourth quarter fiscal 2025 (Q4 FY25), -2% from a year earlier and +37% from the quarter before. Operating margin was 4.5%, net earnings $5.3M (4.1% of revenue).
Friedman Industries, Q4 FY25: revenue $129M (-2% year over year), operating margin 4.5%, net earnings $5.3M, operating cash flow −$11.8M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $129M | +37% | -2% |
| Operating profit | $5.9M | — | -16% |
| Net earnings | $5.3M | — | +8% |
| Operating cash flow | −$11.8M | -538% | — |
What changed
Revenue was $129.2M in Q4 FY25, down 2% year over year and up 37% from the previous quarter.
Operating profit was $5.9M, a 4.5% margin (down 0.7 points year over year). Total costs fell 2% while revenue fell 2%. Net earnings were $5.3M, up 8% year over year. The effective tax rate was 21.9%.
Operating cash flow was −$11.8M. Non-cash charges added back $846K of depreciation and amortization. Working capital and other items used $18.0M. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$12.8M.
Questions
What was Friedman Industries' revenue in the fourth quarter fiscal 2025?
Friedman Industries (FRD) reported revenue of $129M for the fourth quarter fiscal 2025 (Q4 FY25), -2% from a year earlier and +37% from the quarter before.
Was Friedman Industries profitable in the fourth quarter fiscal 2025?
Operating profit was $5.9M (4.5% of revenue) and net earnings $5.3M.