Friedman Industries (FRD) Operating Expenses (2010 - 2025)

Friedman Industries has disclosed Operating Expenses across 16 years of filings, most recently posting $164.1 million for Q4 2025.

• Operating Expenses for Q4 2025 came in at $164.1 million, up 71.56% year-over-year; the trailing twelve-month figure through Dec 2025 was $564.8 million (up 27.24% YoY), and the FY2025 annual result was $441.8 million, down 10.15% from the prior year.
• Operating Expenses came in at $164.1 million for Q4 2025 at Friedman Industries, up from $149.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $164.1 million in Q4 2025 to a low of $34.8 million in Q1 2021.
• The 5-year median for Operating Expenses is $116.4 million (2023), against an average of $109.7 million.
• Across the five-year window, Operating Expenses surged 187.69% in 2022 and retreated 17.51% in 2024, its largest moves.
• Friedman Industries' Operating Expenses stood at $57.3 million in 2021, then soared by 92.88% to $110.4 million in 2022, then declined by 0.57% to $109.8 million in 2023, then decreased by 12.9% to $95.6 million in 2024, then soared by 71.56% to $164.1 million in 2025.
• The last three Operating Expenses figures came in at $164.1 million (Q4 2025), $149.5 million (Q3 2025), and $127.7 million (Q2 2025), per Business Quant data.