Filing Flows › Ryerson Holding (RYZ) › Q2 2026
Ryerson Holding (RYZ) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Ryerson Holding (RYZ) reported revenue of $2.0B for the second quarter 2026 (Q2 2026), +72% from a year earlier and +28% from the quarter before. Operating margin was 1.7%, net earnings $16.0M (0.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +28% | +72% |
| Gross profit | $355M | +23% | +70% |
| Operating profit | $34.4M | +48% | +493% |
| Net earnings | $16.0M | +220% | +662% |
| Operating cash flow | $21.4M | — | -45% |
| Free cash flow | $5.1M | — | -82% |
What changed
Revenue was $2.0B in Q2 2026, up 72% year over year and up 28% from the previous quarter.
Gross margin was 17.7%, down 0.2 points from Q2 2025. Operating profit was $0.03B, a 1.7% margin (up 1.2 points year over year). Of the extra revenue versus Q2 2025, 3% reached operating profit, above the 0% margin then. Operating expenses grew 58% against revenue growth of 72%. Net earnings were $0.02B, up 716% year over year. The effective tax rate was 27.3%.
Operating cash flow was $0.02B (down 45% year over year), 134% of net income including minority interests. Non-cash charges added back $0.03B of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items used $0.03B. Capital expenditures of $0.02B left free cash flow of $0.01B.
Questions
What was Ryerson Holding's revenue in the second quarter 2026?
Ryerson Holding (RYZ) reported revenue of $2.0B for the second quarter 2026 (Q2 2026), +72% from a year earlier and +28% from the quarter before.
Was Ryerson Holding profitable in the second quarter 2026?
Operating profit was $34.4M (1.7% of revenue) and net earnings $16.0M.
Source: Ryerson Holding 10-Q on SEC EDGAR.