Filing Flows › Ryerson Holding (RYZ) › Q2 2026 › vs Q2 2025
Ryerson Holding (RYZ) Q2 2026 vs Q2 2025 (year over year)
Ryerson Holding's revenue rose $837M (+72%) from $1.2B in Q2 2025 to $2.0B in Q2 2026. Gross margin 17.7% against 17.9% (-0.2 pts).
Ryerson Holding, Q2 2026: revenue $2.0B (+72% year over year), operating margin 1.7%, net earnings $16.0M, operating cash flow $21.4M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 17.7% | 17.9% | -0.2 pts |
| Operating margin | 1.7% | 0.5% | +1.2 pts |
| Net margin | 0.8% | 0.2% | +0.6 pts |
| Free cash flow margin | 0.3% | 2.5% | -2.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.0B | $1.2B | $837M | +72% |
| Gross profit | $355M | $209M | $146M | +70% |
| Cost of revenue | $1.7B | $960M | $691M | +72% |
| Operating profit | $34.4M | $5.8M | $28.6M | +493% |
| Operating expenses | $321M | $204M | $117M | +58% |
| Pre-tax earnings | $22.0M | −$6.3M | $28.3M | — |
| Other expense, net | $12.4M | $12.1M | $300K | +2% |
| Net earnings | $16.0M | $2.1M | $13.9M | +662% |
| Income tax | $6.0M | −$8.4M | $14.4M | — |
| Operating cash sources | $51.2M | $25.0M | $26.2M | +105% |
| Depreciation & amortization | $31.7M | $19.4M | $12.3M | +63% |
| Share-based compensation | $3.5M | $3.5M | $0 | 0% |
| Working capital & other | $29.8M | −$13.8M | $43.6M | — |
| Operating cash flow | $21.4M | $38.8M | −$17.4M | -45% |
| Free cash flow (OCF − capex) | $5.1M | $28.9M | −$23.8M | -82% |
| Capital expenditures | $16.3M | $9.9M | $6.4M | +65% |
Questions
How much did Ryerson Holding's revenue grow year over year in Q2 2026?
Ryerson Holding's revenue rose $837M (+72%) from $1.2B in Q2 2025 to $2.0B in Q2 2026. Gross margin 17.7% against 17.9% (-0.2 pts).