Nucor (NUE) Operating Expenses (2009 - 2026)

Nucor's (NUE) quarterly Operating Expenses came in at $378.0 million in Q2 2026, up 34.52% year-on-year from $281.0 million in Q2 2025, and up 13.17% quarter-over-quarter from $334.0 million in Q4 2025.

Nucor (NUE) Operating Expenses (2009 - 2026) Analysis & Trends

Nucor has disclosed Operating Expenses across 18 years of filings, most recently posting $378.0 million for Q2 2026.

  • Operating Expenses for Q2 2026 came in at $378.0 million, up 34.52% year-over-year; the trailing twelve-month figure through Apr 2026 was $1.3 billion (up 24.27% YoY), and the FY2025 annual result was $1.2 billion, up 8.55% from the prior year.
  • Operating Expenses came in at $378.0 million for Q2 2026 at Nucor, up from $334.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $563.2 million in Q3 2022 to a low of $240.0 million in Q4 2024.
  • The 5-year median for Operating Expenses is $355.9 million (2023), against an average of $370.7 million.
  • Across the five-year window, Operating Expenses surged 80.19% in 2022 and slumped 36.75% in 2024, its largest moves.
  • Nucor's Operating Expenses stood at $422.6 million in 2022, then fell by 15.78% to $355.9 million in 2023, then slumped by 32.57% to $240.0 million in 2024, then jumped by 39.17% to $334.0 million in 2025, then gained by 13.17% to $378.0 million in 2026.
  • The last three Operating Expenses figures came in at $378.0 million (Q2 2026), $334.0 million (Q4 2025), and $300.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -390.27 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 378.00 Mn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 175.22 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 3.66 Bn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 5.14 Bn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -423.40 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 71.50 Mn
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 14.01 Mn

Historic Data

Download Data
DateValue
Apr 4, 2026 378.00 Mn
Dec 31, 2025 334.00 Mn
Oct 4, 2025 300.00 Mn
Jul 5, 2025 304.00 Mn
Apr 5, 2025 281.00 Mn
Dec 31, 2024 240.00 Mn
Sep 28, 2024 244.00 Mn
Jun 29, 2024 294.00 Mn
Mar 30, 2024 345.00 Mn
Dec 31, 2023 355.95 Mn
Sep 30, 2023 385.77 Mn
Jul 1, 2023 453.39 Mn
Apr 1, 2023 389.90 Mn
Dec 31, 2022 422.65 Mn
Oct 1, 2022 486.56 Mn
Jul 2, 2022 563.21 Mn
Apr 2, 2022 524.58 Mn
Dec 31, 2021 502.07 Mn
Oct 2, 2021 526.35 Mn
Jul 3, 2021 387.07 Mn