Prime Coil was Friedman Industries’s largest segment in fiscal 2026, bringing in $590.96M of $646.91M (91%).
| Segment | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Prime Coil | $482.89M | $467.51M | $399.85M | $590.96M | |||||
| Manufactured Pipe | $61.90M | $43.48M | $39.96M | $50.78M | |||||
| Secondary Coil | — | — | — | — | |||||
| Mill Reject Pipe | — | — | — | — | |||||
| Customer Owned | $2.75M | $5.26M | $4.79M | $5.17M | |||||
| Pipe Finishing Services | — | — | — | — | |||||
| Total | $547.54M | $516.25M | $444.60M | $646.91M |
Friedman Industries brought in $646.91M from its three segments in fiscal 2026, the year ended March 31, 2026. That was up 45.5% from $444.60M in fiscal 2025. Prime Coil was the largest at $590.96M (91.4%), ahead of Manufactured Pipe at $50.78M (7.9%) and Customer Owned at $5.17M (0.8%).
Compared with fiscal 2025, Prime Coil grew 47.8% to $590.96M and Manufactured Pipe grew 27.1% to $50.78M. From fiscal 2023 to 2026, combined revenue from these segments grew from $547.54M to $646.91M, a compound annual growth rate of 5.7%. Prime Coil's share of the total rose from 88.2% to 91.4%.
Flat-Roll was Friedman Industries’s largest segment in fiscal 2026, bringing in $590.96M of $641.74M (92%).
| Statement Business Segments | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Flat-Roll | — | — | $399.85M | $590.96M | |||||||||||
| Coil | $482.89M | $467.51M | — | — | |||||||||||
| Tubular | $61.90M | $43.48M | $39.96M | $50.78M | |||||||||||
| Total | $544.79M | $510.99M | $439.81M | $641.74M |
Friedman Industries brought in $641.74M from its two segments in fiscal 2026, the year ended March 31, 2026. That was up 45.9% from $439.81M in fiscal 2025. Flat-Roll was the largest at $590.96M (92.1%), ahead of Tubular at $50.78M (7.9%).
Compared with fiscal 2025, Flat-Roll grew 47.8% to $590.96M and Tubular grew 27.1% to $50.78M.
Friedman Industries began breaking out Flat-Roll in fiscal 2025, when it brought in $399.85M. Friedman Industries stopped reporting Coil as a separate segment after fiscal 2024, when it brought in $467.51M.
Friedman Industries (FRD) reports its revenue by segment and by statement business segments. In fiscal 2026, Prime Coil was its largest segment, bringing in $590.96M (91.4% of the total), followed by Manufactured Pipe at $50.78M (7.9%).
Prime Coil was Friedman Industries' largest segment in fiscal 2026, bringing in $590.96M, or 91.4% of the $646.91M total across its three segments.
Prime Coil grew faster than Manufactured Pipe in fiscal 2026, up 47.8% from $399.85M to $590.96M. Manufactured Pipe grew 27.1% to $50.78M.
Every figure comes from Friedman Industries' annual financial filings, as reported. Each line keeps the name Friedman Industries gives it, and years follow its fiscal calendar.
Friedman Industries' revenue by segment goes back to fiscal 2018, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.