# National Steel (SID) — Earnings

SID · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/sid/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | −$0.11 |
| EPS estimate | −$0.12 |
| EPS surprise | +7.98% |
| Revenue surprise | +1.99% |
| Revenue | $2.2B |
| Revenue estimate | $2.1B |
| Reported | Aug 13, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1049659/000129281426004216/sidpr2q26_6k.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/beb29875-91f8-37c5-ce04-80bfdf088690.html) |

National Steel reported Q2 2026 results on August 13, 2026. It posted a loss of $0.11 per share, slightly narrower than the expected $0.12 loss, a beat of 6.75%. Revenue was $2.2 billion, 3.06% above the $2.1 billion estimate. A year earlier, Q2 2025 brought a smaller loss of $0.02 per share on revenue of $1.9 billion.

Losses have become common in the table. Eleven of the 20 quarters shown were losses, including the last three and five of the last six. Annual EPS fell from $0.24 in 2022 to $0.01 in 2023, then turned to losses of $0.21 in 2024 and $0.22 in 2025. The first half of 2026 lost $0.19 per share, against $0.12 a year earlier. The highest EPS in the table is the oldest row, Q2 2021 at $0.72, which also had the highest revenue, $2.8 billion. Since then, quarterly revenue has ranged from $1.8 billion to $2.4 billion. National Steel beat the EPS estimate only four times in 20 quarters, most recently in Q2 2026.

Q3 results came out between November 1 and November 14 in each of the past four years, pointing to November 2026 for the next report.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 13, 2026 | −$0.12 | −$0.11 | 7.98% | $2.1B | $2.2B |
| Q1 2026 | May 14, 2026 | $0.03 | −$0.08 | -346.33% | $2.1B | $2.1B |
| Q4 2025 | Mar 12, 2026 | −$0.02 | −$0.11 | -560.98% | $2.0B | $2.3B |
| Q3 2025 | Nov 10, 2025 | $0.02 | $0.01 | -71.62% | $2.1B | $2.2B |
| Q2 2025 | Aug 15, 2025 | −$0.03 | −$0.02 | 32.70% | $2.0B | $1.9B |
| Q1 2025 | May 9, 2025 | −$0.03 | −$0.10 | -192.51% | $1.9B | $1.9B |
| Q4 2024 | Mar 13, 2025 | −$0.14 | −$0.01 | 92.10% | $2.0B | $2.1B |
| Q3 2024 | Nov 14, 2024 | $0.15 | −$0.10 | -164.33% | $1.9B | $1.9B |
| Q2 2024 | Aug 27, 2024 | −$0.06 | −$0.03 | 53.27% | $1.9B | $1.9B |
| Q1 2024 | Jun 6, 2024 | $0.03 | −$0.07 | -371.60% | $2.0B | $1.8B |
| Q4 2023 | Mar 7, 2024 | $0.12 | $0.12 | -0.64% | $2.4B | $2.4B |
| Q3 2023 | Nov 14, 2023 | $0.06 | −$0.02 | -144.30% | $2.2B | $2.3B |
| Q2 2023 | Aug 3, 2023 | $0.10 | $0.03 | -72.22% | $2.3B | $2.2B |
| Q1 2023 | May 4, 2023 | $0.15 | −$0.12 | -177.37% | $2.3B | $2.3B |
| Q4 2022 | Mar 9, 2023 | $0.12 | $0.00 | -98.15% | $2.1B | $2.2B |
| Q3 2022 | Nov 1, 2022 | $0.16 | $0.02 | -87.44% | $2.0B | $2.1B |
| Q2 2022 | Aug 16, 2022 | $0.13 | $0.04 | -67.22% | $2.0B | $2.0B |
| Q1 2022 | Jun 17, 2022 | $0.47 | $0.18 | -61.38% | $2.4B | $2.2B |
| Q4 2021 | Mar 10, 2022 | $0.25 | $0.14 | -42.78% | $2.1B | $2.2B |
| Q2 2021 | Jul 28, 2021 | $0.86 | $0.72 | -16.63% | $2.9B | $2.8B |

## Frequently Asked Questions

### When did National Steel (SID) last report earnings?

National Steel last reported on Aug 13, 2026, covering fiscal Q2 2026.

### Did SID beat earnings estimates?

Yes. National Steel reported EPS of −$0.11 for Q2 2026 against a −$0.12 estimate — a 7.98% beat.

### How much revenue did SID report last quarter?

National Steel reported $2.2B in revenue for Q2 2026, against a consensus estimate of $2.1B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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