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Ryerson Holding (RYZ) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 28, 2026

Ryerson Holding (RYZ) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), +87% from a year earlier and +9% from the quarter before. Operating margin was 2.4%, net earnings $32.5M (1.5% of revenue).

Revenue$2.2B
Year over year+87%
Quarter over quarter+9%
Operating margin2.4%
Net earnings$32.5M

Ryerson Holding, Q3 2026: revenue $2.2B (+88% year over year), operating margin 2.4%, net earnings $32.5M, operating cash flow −$18.2M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$2.2B+9%+87%
Gross profit$374M+5%+87%
Operating profit$51.5M+50%—
Net earnings$32.5M+103%—
Operating cash flow−$18.2M-185%—

What changed

Revenue was $2.2B in Q3 2026, up 87% year over year and up 9% from the previous quarter.

Gross margin was 17.2%, unchanged from Q3 2025. Operating profit was $0.05B, a 2.4% margin (up 2.5 points year over year). Operating expenses grew 61% against revenue growth of 87%. Net earnings were $0.03B. The effective tax rate was 10.7%.

Operating cash flow was −$0.02B. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.09B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.04B.

Questions

What was Ryerson Holding's revenue in the third quarter 2026?

Ryerson Holding (RYZ) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), +87% from a year earlier and +9% from the quarter before.

Was Ryerson Holding profitable in the third quarter 2026?

Operating profit was $51.5M (2.4% of revenue) and net earnings $32.5M.

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Source: Ryerson Holding 10-Q on SEC EDGAR.