Filing Flows › Ryerson Holding (RYZ) › Q3 2025
Ryerson Holding (RYZ) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 28, 2025
Ryerson Holding (RYZ) reported revenue of $1.2B for the third quarter 2025 (Q3 2025), +3% from a year earlier and -0.7% from the quarter before. Operating margin was -0.1%, net loss $14.4M (1.2% of revenue).
Ryerson Holding, Q3 2025: revenue $1.2B (+3% year over year), operating margin -0.1%, net loss $14.4M, operating cash flow −$8.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -0.7% | +3% |
| Operating profit | −$1.0M | -117% | — |
| Net earnings | −$14.4M | -786% | — |
| Operating cash flow | −$8.3M | -135% | — |
What changed
Revenue was $1.2B in Q3 2025, up 3% year over year and down 1% from the previous quarter.
Gross margin was 17.2%, down 0.8 points from a year earlier. Operating costs exceeded revenue by $1.0M, an operating margin of -0.1%. Operating expenses grew 2% against revenue growth of 3%. The quarter ended with a net loss of $0.01B, after a profit of $2.1M the previous quarter. Net interest and other expense of $0.01B was the main reason.
Operating cash flow was −$0.01B. Non-cash charges added back $0.02B of depreciation and amortization. Working capital and other items used $0.01B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.02B.
Questions
What was Ryerson Holding's revenue in the third quarter 2025?
Ryerson Holding (RYZ) reported revenue of $1.2B for the third quarter 2025 (Q3 2025), +3% from a year earlier and -0.7% from the quarter before.
Was Ryerson Holding profitable in the third quarter 2025?
Operating loss was $1.0M (-0.1% of revenue) and net loss $14.4M.
Source: Ryerson Holding 10-Q on SEC EDGAR.