Worthington Steel, Inc. income statement

In fiscal 2026, Worthington Steel, Inc. reported revenue of $3.44bn, up 11.3% on the year before, operating income of −$1.4m (a -0.0% margin) and net income of $8.5m, or $0.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Worthington Steel, Inc.: income statement, annual
Fiscal year	2022May 2022	2023May 2023	2024May 2024	2025May 2025	2026May 2026	LTMAug 2026
Revenue	4,069	3,608	3,431	3,093	3,444	5,298
Cost of revenue	3,673	3,271	2,991	2,705	3,041	4,748
Gross profit	396	337	440	389	403	549
Selling, general and administrative	180	201	224	232	297	438
Operating income	227	120	195	147	−1	6
Interest expense	3	3	6	7	28	64
Net interest income	—	—	—	—	0	3
Income before tax	254	129	216	148	7	−33
Income tax	54	29	46	29	20	19
Net income	180	87	155	111	9	−38
Diluted EPS	$3.66	$1.77	$3.11	$2.19	$0.17	−$0.76
Diluted shares (average)	49m	49m	50m	51m	51m	51m
EBITDA	286	190	260	213	83	98

US$ millions unless shown otherwise. Fiscal quarters.

Worthington Steel, Inc.: income statement, quarterly
Quarter	2025 Q2Nov 2024	2025 Q3Feb 2025	2025 Q4May 2025	2026 Q1Aug 2025	2026 Q2Nov 2025	2026 Q3Feb 2026	2026 Q4May 2026	2027 Q1Aug 2026
Revenue	739	687	833	873	872	770	929	2,727
Cost of revenue	659	606	706	758	779	694	810	2,465
Gross profit	80	81	127	115	93	76	119	261
Selling, general and administrative	61	55	59	68	71	78	81	209
Operating income	19	18	66	48	22	3	−75	56
Interest expense	2	1	1	3	3	2	21	39
Net interest income	0	0	—	0	0	0	0	2
Income before tax	20	17	75	52	26	14	−85	12
Income tax	4	5	16	13	4	4	−1	12
Net income	13	14	56	37	19	10	−58	−10
Diluted EPS	$0.25	$0.27	$1.10	$0.73	$0.37	$0.20	−$1.13	−$0.20
EBITDA	35	35	83	69	43	25	−54	84

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Worthington Steel, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Worthington Steel, Inc.