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Worthington Steel (WS) gross margin by quarter

Worthington Steel's gross margin was 9.9% in Q3 FY26 (third quarter fiscal 2026), -0.8 pts from Q2 FY26. Over the last 5 quarters it ranged from 9.9% (Q3 FY26) to 15.2% (Q4 FY25).

Worthington Steel gross margin by quarterWorthington Steel gross margin by quarter11.8%Q3 FY2515.2%Q4 FY2513.2%Q1 FY2610.7%Q2 FY269.9%Q3 FY26
QuarterGross marginQ/QY/Y
Q3 FY269.9%-0.8 pts-1.9 pts
Q2 FY2610.7%-2.5 pts—
Q1 FY2613.2%-2.1 pts—
Q4 FY2515.2%+3.4 pts—
Q3 FY2511.8%——

Q3 FY26 at a glance

Worthington Steel, Q3 FY26: revenue $770M (+12% year over year), operating margin 0.4%, net earnings $10.4M, operating cash flow $63.3M. The chart follows the revenue to costs, profit and cash.

Questions

What is Worthington Steel's gross margin?

Worthington Steel's gross margin was 9.9% in Q3 FY26 (third quarter fiscal 2026), -0.8 pts from Q2 FY26.

How has Worthington Steel's gross margin changed?

Over the last 5 quarters it ranged from 9.9% (Q3 FY26) to 15.2% (Q4 FY25).

Q3 FY26 results → · How Worthington Steel makes money →