Steel Dynamics (STLD) Operating Expenses (2009 - 2026)

Steel Dynamics has disclosed Operating Expenses across 15 years of filings, most recently posting $193.5 million for Q2 2026.

• In Q2 2026, Operating Expenses fell 2.3% year-over-year to $193.5 million; the TTM figure through Jun 2026 stood at $754.2 million (up 4.11% YoY), while the FY2025 annual figure was $765.3 million, up 15.24% from the prior year.
• Operating Expenses came in at $193.5 million for Q2 2026 at Steel Dynamics, up from $175.2 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $200.8 million in Q3 2025 to a low of $141.2 million in Q2 2023.
• Average Operating Expenses over 4 years is $170.5 million, with a median of $171.5 million recorded in 2024.
• Year-over-year, Operating Expenses gained 23.74% in 2025 and decreased 3.62% in 2026.
• Over 4 years, Operating Expenses stood at $157.2 million in 2023, then grew by 12.53% to $176.9 million in 2024, then grew by 4.38% to $184.6 million in 2025, then advanced by 4.77% to $193.5 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $193.5 million in Q2 2026, $175.2 million in Q1 2026, and $184.6 million in Q4 2025.