Friedman Industries (FRD) Cost of Revenue (2010 - 2025)

Friedman Industries' (FRD) quarterly Cost of Revenue came in at $137.5 million in Q4 2025, up 1739.83% year-on-year from $7.5 million in Q4 2024, and down 8.05% quarter-over-quarter from $149.5 million in Q3 2025.

Friedman Industries (FRD) Cost of Revenue (2010 - 2025) Analysis & Trends

Friedman Industries has disclosed Cost of Revenue across 16 years of filings, most recently posting $137.5 million for Q4 2025.

  • Cost of Revenue for Q4 2025 came in at $137.5 million, up 1739.83% year-over-year; the trailing twelve-month figure through Dec 2025 was $714.1 million (up 7.07% YoY), and the FY2025 annual result was $441.8 million, down 10.15% from the prior year.
  • Cost of Revenue came in at $137.5 million for Q4 2025 at Friedman Industries, down from $149.5 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $474.3 million in Q1 2024 to a low of -$369.4 million in Q1 2023.
  • The 5-year median for Cost of Revenue is $90.4 million (2023), against an average of $89.7 million.
  • Across the five-year window, Cost of Revenue sank 576.48% in 2023 and jumped 1739.83% in 2025, its largest moves.
  • Friedman Industries' Cost of Revenue stood at $55.3 million in 2021, then jumped by 91.33% to $105.7 million in 2022, then fell by 13.01% to $92.0 million in 2023, then sank by 91.88% to $7.5 million in 2024, then surged by 1739.83% to $137.5 million in 2025.
  • The last three Cost of Revenue figures came in at $137.5 million (Q4 2025), $149.5 million (Q3 2025), and $9.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 3.25 Bn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 8.00 Bn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 4.44 Bn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 2.85 Bn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 5.00 Bn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 308.82
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn 208.42 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 521.80 Mn
10 Friedman Industries 169.97 Mn 165.36 Mn 30.50 Mn 137.47 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 137.47 Mn
Dec 31, 2025 137.47 Mn
Sep 30, 2025 149.50 Mn
Sep 30, 2025 149.50 Mn
Jun 30, 2025 9.33 Mn
Jun 30, 2025 9.33 Mn
Mar 31, 2025 417.79 Mn
Mar 31, 2025 417.79 Mn
Dec 31, 2024 7.47 Mn
Dec 31, 2024 7.47 Mn
Sep 30, 2024 88.76 Mn
Sep 30, 2024 88.76 Mn
Jun 30, 2024 96.41 Mn
Jun 30, 2024 96.41 Mn
Mar 31, 2024 474.30 Mn
Mar 31, 2024 474.30 Mn
Dec 31, 2023 91.97 Mn
Dec 31, 2023 91.97 Mn
Sep 30, 2023 110.28 Mn
Sep 30, 2023 110.28 Mn