Steel Dynamics STLD
NASDAQ STLD
$228.68 +9.68 (+4.42%)
At close: Aug 21, 2026 · 4:00 PM EDT

Steel Dynamics (STLD) Cost of Revenue (2009 - 2026)

Steel Dynamics (STLD) posted Cost of Revenue of $5.1 billion for Q2 2026, up 15.56% sequentially from $4.4 billion in Q1 2026, and up 30.05% YoY from $3.9 billion in Q2 2025.

Steel Dynamics (STLD) Cost of Revenue (2009 - 2026) Analysis & Trends

Steel Dynamics has reported Cost of Revenue for 18 years, with the latest figure at $5.1 billion in Q2 2026.

  • Quarterly Cost of Revenue rose 30.05% year-over-year to $5.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $17.5 billion (up 16.89% YoY) and the FY2025 annual result came in at $15.8 billion, up 7.1% from the prior year.
  • Cost of Revenue rose to $5.1 billion in Q2 2026 per STLD's latest filing, from $4.4 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $5.1 billion in Q2 2026 and troughed at $3.4 billion in Q4 2024.
  • A 5-year average of $3.9 billion and a median of $3.8 billion in 2022 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 38.01% in 2022, then decreased 13.19% in 2023.
  • Over 5 years, Cost of Revenue stood at $3.8 billion in 2022, then retreated by 8.76% to $3.5 billion in 2023, then retreated by 2.06% to $3.4 billion in 2024, then rose by 13.24% to $3.9 billion in 2025, then soared by 32.12% to $5.1 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $5.1 billion, $4.4 billion, and $3.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Ternium 108.84 Bn 98.95 Bn 941.02 Mn 3.40 Bn
2 Nucor 55.75 Bn 53.05 Bn 2.03 Bn 8.36 Bn
3 ArcelorMittal 54.97 Bn 50.12 Bn - -
4 Steel Dynamics 32.99 Bn 32.40 Bn 958.97 Mn 5.13 Bn
5 Reliance 19.82 Bn 19.59 Bn 1.30 Bn 3.33 Bn
6 Cleveland-Cliffs 6.46 Bn 6.39 Bn 132.00 Mn 5.09 Bn
7 Gerdau 5.42 Bn 4.28 Bn 558.98 Mn 2.97 Bn
8 GRUPO SIMEC, S.A.B. de C.V 4.53 Bn 2.97 Bn - -
9 Posco Holdings 4.32 Bn 1.83 Bn 1.04 Bn 11.19 Bn
10 Worthington Steel 1.74 Bn 1.66 Bn 118.80 Mn 810.40 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 5.13 Bn
Jun 30, 2026 5.13 Bn
Mar 31, 2026 4.44 Bn
Mar 31, 2026 4.44 Bn
Dec 31, 2025 3.88 Bn
Dec 31, 2025 3.88 Bn
Sep 30, 2025 4.07 Bn
Sep 30, 2025 4.07 Bn
Jun 30, 2025 3.95 Bn
Jun 30, 2025 3.95 Bn
Mar 31, 2025 3.88 Bn
Mar 31, 2025 3.88 Bn
Dec 31, 2024 3.43 Bn
Dec 31, 2024 3.43 Bn
Sep 30, 2024 3.74 Bn
Sep 30, 2024 3.74 Bn
Jun 30, 2024 3.86 Bn
Jun 30, 2024 3.86 Bn
Mar 31, 2024 3.71 Bn
Mar 31, 2024 3.71 Bn