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| Date | Value |
|---|---|
| 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 |