Filing Flows › Nucor (NUE) › Q3 2025
Nucor (NUE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Nucor (NUE) reported revenue of $8.5B for the third quarter 2025 (Q3 2025), +14% from a year earlier and +0.8% from the quarter before. Operating margin was 10.4%, net earnings $607M (7.1% of revenue).
Nucor, Q3 2025: revenue $8.5B (+14% year over year), operating margin 10.4%, net earnings $607M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.5B | +0.8% | +14% |
| Operating profit | $883M | -2% | +127% |
| Net earnings | $607M | +0.7% | +143% |
| Operating cash flow | $1.3B | +83% | +3% |
| Free cash flow | $532M | — | +11% |
What changed
Revenue was $8.5B in Q3 2025, up 14% year over year and up 1% from the previous quarter. Sheet was the largest line at 28% of revenue. Bar added $0.19B year over year (up 15%), 18% of the total change. Building Systems declined 3%.
Operating profit was $0.88B, a 10.4% margin (up 5.1 points year over year). Of the extra revenue versus a year earlier, 46% reached operating profit, above the 5% margin then. The fastest-growing cost line was SG&A (+23%). Net earnings were $0.61B, up 143% year over year. The effective tax rate was 22.7%.
Operating cash flow was $1.3B (up 3% year over year), 196% of net income including minority interests. Non-cash charges added back $0.37B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.27B. Capital expenditures of $0.81B left free cash flow of $0.53B.
Questions
What was Nucor's revenue in the third quarter 2025?
Nucor (NUE) reported revenue of $8.5B for the third quarter 2025 (Q3 2025), +14% from a year earlier and +0.8% from the quarter before.
Was Nucor profitable in the third quarter 2025?
Operating profit was $883M (10.4% of revenue) and net earnings $607M.
Source: Nucor 10-Q on SEC EDGAR.