Steel Dynamics Q1 2026 net income $403M ($2.78 EPS), record shipments; raises dividend 6%

STEEL DYNAMICS INC

2026-Q1 EPS reported $2.78 revenue$5,204,858,000

Net income $403M ($2.78 diluted EPS) vs Q4 2025 $266M ($1.82) and Q1 2025 $217M ($1.44).
Record steel shipments 3.6M tons; steel ops operating income $557M, up 73% sequentially.
Aluminum startup loss $65M but shipments rose to 22,500 metric tons (from 14,600).
Cash flow from ops $148M after $120M profit-sharing distribution; liquidity $2.0B.
Quarterly dividend increased 6%; repurchased $115M in common stock.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

STEEL DYNAMICS INC reported first quarter 2026 results: revenue $5.2 billion, net income $403 million, EPS $2.78 per diluted share.

Period: first quarter 2026
Revenue: $5.2 billion
Net income: $403 million
EPS: $2.78 per diluted share
Result: reported results

Exact text from the filing

The company reported first quarter 2026 net sales of $5.2 billion and net income of $403 million, or $2.78 per diluted share.

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Source: SEC EDGAR

accession 0001104659-26-045938

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