Filing Flows › Nucor (NUE) › Q2 2026
Nucor (NUE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Nucor (NUE) reported revenue of $10.4B for the second quarter 2026 (Q2 2026), +23% from a year earlier and +9% from the quarter before. Operating margin was 15.6%, net earnings $1.2B (11.1% of revenue).
Nucor, Q2 2026: revenue $10.4B (+23% year over year), operating margin 15.6%, net earnings $1.2B, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.4B | +9% | +23% |
| Operating profit | $1.6B | +48% | +81% |
| Net earnings | $1.2B | +56% | +92% |
| Operating cash flow | $1.4B | +58% | +91% |
| Free cash flow | $829M | +268% | — |
What changed
Revenue was $10.4B in Q2 2026, up 23% year over year and up 9% from the previous quarter. Sheet was the largest line at 28% of revenue. Bar added $0.47B year over year (up 33%), 24% of the total change. Joist and Deck declined 14%.
Operating profit was $1.6B, a 15.6% margin (up 5.0 points year over year). Of the extra revenue versus Q2 2025, 37% reached operating profit, above the 11% margin then. Total costs grew 16% against revenue growth of 23%. The fastest-growing cost line was SG&A (+33%). Net earnings were $1.2B, up 92% year over year. The effective tax rate was 21.2%.
Operating cash flow was $1.4B (up 91% year over year), 109% of net income including minority interests. Non-cash charges added back $0.38B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items used $0.32B. Capital expenditures of $0.57B left free cash flow of $0.83B.
Questions
What was Nucor's revenue in the second quarter 2026?
Nucor (NUE) reported revenue of $10.4B for the second quarter 2026 (Q2 2026), +23% from a year earlier and +9% from the quarter before.
Was Nucor profitable in the second quarter 2026?
Operating profit was $1.6B (15.6% of revenue) and net earnings $1.2B.
Source: Nucor 10-Q on SEC EDGAR.