Worthington Steel Income Statement (2022-2026)

Reported Financials

Worthington Steel Quarterly Income Statement

Periods 16 quarters

Latest Aug 2026

Worthington Steel reported revenue of $2726.60M and net income of -$5.00M for the quarter ended Aug 2026, up 212.4% year over year. This income statement covers 16 quarters of results from Nov 2022 through Aug 2026, standardized by Business Quant from the company’s SEC filings.

Income StatementIncome Statement	Nov2022	Feb2023	May2023	Aug2023	Nov2023	Feb2024	May2024	Aug2024	Nov2024	Feb2025	May2025	Aug2025	Nov2025	Feb2026	May2026	Aug2026
Revenue & cost
Revenue	868.40M	780.70M	884.00M	905.80M	808.00M	805.80M	911.00M	834.00M	739.00M	687.40M	832.90M	872.90M	871.90M	769.80M	929.20M	2,726.60M
Cost of RevenueCost of Rev	833.90M	717.50M	733.80M	777.30M	747.80M	685.70M	780.00M	733.60M	659.00M	606.20M	705.90M	757.70M	778.70M	693.70M	810.40M	2,465.40M
Gross Profit	34.50M	63.20M	150.20M	128.50M	60.20M	120.10M	131.00M	100.40M	80.00M	81.20M	127.00M	115.20M	93.20M	76.10M	118.80M	261.20M
Operating items
Selling, General & AdministrativeSG&A	50.70M	49.70M	53.10M	53.80M	54.10M	52.80M	63.70M	57.00M	61.10M	54.60M	58.90M	67.90M	70.90M	77.50M	81.10M	208.80M
Restructuring CostsRestructuring	-4.30M			3.60M						0.90M	1.70M	-1.00M		-6.00M		-3.60M
Operating ExpensesOpex	46.40M	49.70M	53.10M	57.40M	54.10M	52.80M	63.70M	57.00M	61.10M	55.50M	60.60M	66.90M	70.90M	71.50M	81.10M	205.20M
Operating IncomeOp. Inc	-19.90M	9.50M	89.80M	69.70M	-8.80M	66.30M	67.30M	43.40M	18.90M	18.30M	66.40M	48.30M	21.70M	3.10M	-74.50M	56.00M
Non-operating items
Non Operating Interest Expenses	0.90M	0.50M	0.30M	0.50M	0.20M	2.90M	2.40M	2.60M	2.10M	1.40M	1.00M	-2.90M	2.70M	2.10M	20.70M	-38.80M
Goodwill impairment chargesGoodwill Impair.			1.80M	1.40M			-1.40M			7.40M	-7.40M		0.60M	1.50M	51.70M
Other Non Operating IncomeOther Non Op Inc.	0.90M	1.30M	1.30M	0.90M	0.60M	0.10M	3.70M	-5.90M	3.80M	0.20M	5.70M	0.20M	-0.10M	9.80M	6.70M	-10.50M
Net income details
EBIT	-19.90M	9.50M	89.80M	69.70M	-8.80M	66.30M	67.30M	43.40M	18.90M	18.30M	66.40M	48.30M	21.70M	3.10M	-74.50M	56.00M
EBT	-18.00M	10.10M	95.00M	79.10M	-4.60M	66.40M	75.30M	36.20M	19.70M	17.10M	75.10M	52.00M	25.70M	14.30M	-63.50M	12.00M
Tax ProvisionsTaxes	-5.50M	0.80M	23.40M	17.00M	-2.50M	14.00M	17.60M	4.00M	3.60M	5.00M	16.20M	13.40M	4.20M	3.50M	-1.10M	12.10M
Income After Tax	-12.50M	9.30M	71.60M	62.10M	-2.10M	52.40M	57.70M	32.20M	16.10M	12.10M	58.90M	38.60M	21.50M	10.80M	-62.40M	-0.10M
Equity Income	1.90M	-0.20M	4.20M	9.00M	3.80M	2.90M	6.70M	1.30M	-0.90M		4.00M	6.40M	6.80M	3.50M	3.60M	5.30M
Income from Continuing OperationsIncome (Continuing)	-12.50M	9.30M	71.60M	62.10M	-2.10M	52.40M	57.70M	32.20M	16.10M	12.10M	58.90M	38.60M	21.50M	10.80M	-62.40M	-7.00M
Income from Discontinued OperationsIncome (Discontinued)																-4.90M
Consolidated Net IncomeConsol Net Inc.	-12.50M	9.30M	71.60M	62.10M	-2.10M	52.40M	57.70M	32.20M	16.10M	12.10M	58.90M	38.60M	21.50M	10.80M	-83.80M	-5.00M
Net Income Attributable to Noncontrolling InterestsNCI Net Income	3.30M	3.90M	4.30M	3.60M	3.90M	3.40M	4.50M	3.80M	3.30M	-1.70M	3.20M	1.80M	2.70M	0.40M	-26.30M	5.00M
Income towards Parent CompanyParent Net Inc	-15.80M	5.40M	67.30M	58.50M	-6.00M	49.00M	53.20M	28.40M	12.80M	13.80M	55.70M	36.80M	18.80M	10.40M	-57.50M	-10.00M
Preferred Dividend PaymentsPref Dividends												0.50M
Net Income towards Common StockholdersNet Income	-15.80M	5.40M	67.30M	58.50M	-6.00M	49.00M	53.20M	28.40M	12.80M	13.80M	55.70M	36.30M	18.80M	10.40M	-57.50M	-10.00M
Additional items
EPS (Basic)	-0.32	0.11	1.37	1.19	-0.12	0.99	1.08	0.57	0.26	0.28	1.13	0.73	0.38	0.21	-1.15	-0.20
EPS (Diluted)	-0.32	0.11	1.37	1.19	-0.12	0.97	1.07	0.56	0.25	0.27	1.10	0.72	0.37	0.20	-1.13	-0.20
Shares Outstanding	49.30M	49.30M	49.30M	49.30M	49.30M	49.30M	49.30M	49.40M	49.50M	49.50M	49.50M	49.60M	49.80M	49.90M	49.80M	50.00M
Shares Outstanding (Diluted)Shares Outstanding (Dil.)	49.30M	49.30M	49.30M	49.30M	49.30M	50.30M	49.80M	50.40M	50.60M	50.50M	50.50M	50.60M	50.70M	50.90M	50.80M	50.00M
Shares Outstanding (Entity)Shares Outstanding (Entity.)	49.30M	49.30M	49.30M	49.30M	49.30M	49.30M	49.33M	49.42M	49.50M	49.54M	49.55M	49.64M	49.90M	49.91M	49.92M	50.10M
EBITDA	-2.10M	26.50M	107.00M	86.60M	7.60M	82.20M	83.40M	59.60M	35.20M	34.90M	83.30M	68.60M	43.40M	24.70M	-53.90M	83.80M
Interest ExpensesInt Expense	0.90M	0.50M	0.30M	0.50M	0.20M	2.90M	2.40M	2.60M	2.10M	1.40M	1.00M	-2.90M	2.70M	2.10M	20.70M	-38.80M
Tax Rate		7.92%	24.63%	21.49%		21.08%	23.37%	11.05%	18.27%	29.24%	21.57%	25.77%	16.34%	24.48%		100.83%

Worthington Steel Income Statement API

Pull Worthington Steel's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/statements?ticker=WS&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/statements"
params = {"ticker": "WS", "statement": "IS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}

data = requests.get(url, params=params).json()

const res = await fetch("https://data.businessquant.com/statements?ticker=WS&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Worthington Steel WS Income Statement (2022-2026)

Worthington Steel Quarterly Income Statement

Worthington Steel Income Statement API

Create an account

Sign In

Reset Password