Steel Dynamics (STLD) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $3.69
- EPS estimate
- $3.63
- EPS surprise
- +1.78%
- Revenue surprise
- +9.57%
- Revenue
- $6.1B
- Revenue estimate
- $5.6B
- Reported
- Jul 21, 2026
Steel Dynamics reported Q2 2026 results on July 21, 2026. Earnings per share came in at $3.69, ahead of the $3.63 estimate by 1.78%. Revenue was $6.1 billion, 9.57% above the $5.6 billion consensus. Compared with Q2 2025, EPS rose about 84% from $2.01 and revenue rose about 33% from $4.6 billion.
Annual EPS fell from $22.58 in 2022 to $14.90 in 2023, $9.80 in 2024 and $8.01 in 2025. The low point in the table was Q4 2024, at $1.36 per share on $3.9 billion of revenue. The first half of 2026 adds up to $6.47, about 88% more than the same period a year earlier. Q2 2026 EPS was the highest since Q2 2023, and revenue was the highest since Q2 2022. The table's peak remains Q2 2022, at $6.73 per share. Over the last 20 quarters, Steel Dynamics beat the EPS estimate 15 times and missed five. The largest miss was Q4 2025, at 14.64% below.
Steel Dynamics reported Q3 between October 17 and October 21 in each of the past five years. That points to around October 20, 2026 for the next report. It will show whether the recent rise in earnings and revenue holds.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 21, 2026 | $3.63 | $3.69 | +1.78% | $6.1B | SEC |
| Q1 2026 | Apr 21, 2026 | $2.78 | $2.78 | −0.17% | $5.2B | SEC |
| Q4 2025 | Jan 27, 2026 | $2.13 | $1.82 | −14.64% | $4.4B | SEC |
| Q3 2025 | Oct 21, 2025 | $2.63 | $2.74 | +4.18% | $4.8B | SEC |
| Q2 2025 | Jul 22, 2025 | $2.24 | $2.01 | −10.24% | $4.6B | SEC |
| Q1 2025 | Apr 23, 2025 | $1.38 | $1.44 | +4.03% | $4.4B | SEC |
| Q4 2024 | Jan 23, 2025 | $1.29 | $1.36 | +5.58% | $3.9B | SEC |
| Q3 2024 | Oct 17, 2024 | $1.98 | $2.05 | +3.49% | $4.3B | SEC |
| Q2 2024 | Jul 18, 2024 | $2.71 | $2.72 | +0.36% | $4.6B | SEC |
| Q1 2024 | Apr 24, 2024 | $3.51 | $3.67 | +4.63% | $4.7B | SEC |
| Q4 2023 | Jan 24, 2024 | $2.63 | $2.61 | −0.67% | $4.2B | SEC |
| Q3 2023 | Oct 19, 2023 | $3.54 | $3.47 | −1.89% | $4.6B | SEC |
| Q2 2023 | Jul 20, 2023 | $4.78 | $4.81 | +0.70% | $5.1B | SEC |
| Q1 2023 | Apr 21, 2023 | $3.62 | $4.01 | +10.74% | $4.9B | SEC |
| Q4 2022 | Jan 26, 2023 | $3.76 | $4.37 | +16.08% | $4.8B | SEC |
| Q3 2022 | Oct 20, 2022 | $5.19 | $5.46 | +5.13% | $5.7B | — |
| Q2 2022 | Jul 21, 2022 | $6.40 | $6.73 | +5.09% | $6.2B | — |
| Q1 2022 | Apr 22, 2022 | $5.60 | $6.02 | +7.43% | $5.6B | — |
| Q4 2021 | Jan 26, 2022 | $5.66 | $5.78 | +2.10% | $5.3B | — |
| Q3 2021 | Oct 21, 2021 | $4.80 | $4.96 | +3.28% | $5.1B | — |
Quarterly revenue
Frequently asked questions
When did Steel Dynamics (STLD) last report earnings?
Steel Dynamics last reported on Jul 21, 2026, covering fiscal Q2 2026.
Did STLD beat earnings estimates?
Yes. Steel Dynamics reported EPS of $3.69 for Q2 2026 against a $3.63 estimate — a 1.78% beat.
How much revenue did STLD report last quarter?
Steel Dynamics reported $6.1B in revenue for Q2 2026, against a consensus estimate of $5.6B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
