# Friedman Industries Inc: overview FRD · Nasdaq · CIK 39092 · [Materials](/sectors/materials.md) · fiscal year ends Mar 31 Pages: [Overview](/companies/frd.md) · [Financials](/companies/frd/financials.md) · [Filings](/companies/frd/filings.md) · [Insiders](/companies/frd/insiders.md) Latest reported revenue: [$240.0m](/filings/0001437749-26-026305.md) for Q1 FY2027, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001437749-26-026305). ## Last eight quarters | Line item | Unit | Q1 FY2025 (2024-06-30) | Q2 FY2025 (2024-09-30) | Q3 FY2025 (2024-12-31) | Q4 FY2025 (2025-03-31) | Q1 FY2026 (2025-06-30) | Q2 FY2026 (2025-09-30) | Q3 FY2026 (2025-12-31) | Q1 FY2027 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [115](/filings/0001437749-25-025433.md) | [107](/filings/0001437749-25-034118.md) | [94.1](/filings/0001437749-26-003530.md) | [129 d](/filings/0001437749-25-020219.md) | [135](/filings/0001437749-26-026305.md) | [152](/filings/0001437749-25-034118.md) | [168](/filings/0001437749-26-003530.md) | [240](/filings/0001437749-26-026305.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [(1.2%)](/filings/0001437749-25-025433.md) | [(0.2%)](/filings/0001437749-25-034118.md) | [(1.3%)](/filings/0001437749-26-003530.md) | [4.5% d](/filings/0001437749-25-020219.md) | [5.2%](/filings/0001437749-26-026305.md) | [1.9%](/filings/0001437749-25-034118.md) | [2.3%](/filings/0001437749-26-003530.md) | [8.8%](/filings/0001437749-26-026305.md) | | Net margin | % | [2.2%](/filings/0001437749-26-003530.md) | [(0.6%)](/filings/0001437749-26-003530.md) | [(1.2%)](/filings/0001437749-26-003530.md) | [4.1% d](/filings/0001437749-25-020219.md) | [3.7%](/filings/0001437749-26-026305.md) | [1.5%](/filings/0001437749-26-003530.md) | [1.8%](/filings/0001437749-26-003530.md) | [5.3%](/filings/0001437749-26-026305.md) | | Diluted EPS | $ per share | [0.37](/filings/0001437749-25-025433.md) | [(0.10)](/filings/0001437749-25-034118.md) | [(0.17)](/filings/0001437749-26-003530.md) | not reported | [0.71](/filings/0001437749-26-026305.md) | [0.32](/filings/0001437749-25-034118.md) | [0.43](/filings/0001437749-26-003530.md) | [1.79](/filings/0001437749-26-026305.md) | | Free cash flow | $m | [(7.1)](/filings/0001437749-25-025433.md) | [9.9 d](/filings/0001437749-25-034118.md) | [1.6 d](/filings/0001437749-26-003530.md) | [(12.8) d](/filings/0001437749-25-020219.md) | [13.7](/filings/0001437749-26-026305.md) | [(2.0) d](/filings/0001437749-25-034118.md) | [(6.3) d](/filings/0001437749-26-003530.md) | [5.1](/filings/0001437749-26-026305.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure. ## Last five fiscal years | Line item | Unit | FY2021 (2021-03-31) | FY2022 (2022-03-31) | FY2023 (2023-03-31) | FY2024 (2024-03-31) | FY2025 (2025-03-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [126](/filings/0001437749-22-018429.md) | [285](/filings/0001437749-23-019969.md) | [548](/filings/0001437749-24-019948.md) | [516](/filings/0001437749-25-020219.md) | [445](/filings/0001437749-25-020219.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [12.5%](/filings/0001437749-22-018429.md) | [10.0%](/filings/0001437749-23-019969.md) | [3.8%](/filings/0001437749-24-019948.md) | [4.7%](/filings/0001437749-25-020219.md) | [0.7%](/filings/0001437749-25-020219.md) | | Net margin | % | [9.1%](/filings/0001437749-22-018429.md) | [4.9%](/filings/0001437749-23-019969.md) | [3.9%](/filings/0001437749-24-019948.md) | [3.4%](/filings/0001437749-25-020219.md) | [1.4%](/filings/0001437749-25-020219.md) | | Diluted EPS | $ per share | [1.63](/filings/0001437749-22-018429.md) | [2.04](/filings/0001437749-23-019969.md) | [2.91](/filings/0001437749-24-019948.md) | [2.39](/filings/0001437749-25-020219.md) | [0.87](/filings/0001437749-25-020219.md) | | Free cash flow | $m | [3.8](/filings/0001437749-22-018429.md) | [(21.5)](/filings/0001437749-23-019969.md) | [47.4](/filings/0001437749-24-019948.md) | [(0.8)](/filings/0001437749-25-020219.md) | [(8.4)](/filings/0001437749-25-020219.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/frd/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $17.5m | 543,631 | | Added +1,938 | | [De Lisle Partners LLP](/funds/2011184.md) | 2026-06-30 | $12.9m | 404,845 | | Reduced −14,971 | | [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $12.7m | 394,898 | | Added +66,405 | | [GENDELL JEFFREY L](/funds/1056581.md) | 2026-06-30 | $11.4m | 354,576 | | Unchanged | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $9.8m | 305,664 | | Added +17,182 | | [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $9.6m | 297,882 | | Reduced −33,400 | | [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $5.6m | 172,848 | | Added +13,348 | | [Truffle Hound Capital, LLC](/funds/1595862.md) | 2026-06-30 | $3.8m | 116,551 | | Reduced −33,449 | | [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $3.1m | 97,452 | | Added +14,177 | | [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $2.9m | 91,338 | | Reduced −5,452 | ## Recent filings [All 392 filings](/companies/frd/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-09-28 | 13:02 ET | [8-K](/filings/0001437749-26-031305.md) | 5.07 Shareholder vote results | 0001437749-26-031305 | | 2026-09-10 | 16:07 ET | [8-K](/filings/0001437749-26-030072.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation | 0001437749-26-030072 | | 2026-08-06 | 16:47 ET | [8-K](/filings/0001437749-26-026319.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-026319 | | 2026-08-06 | 16:36 ET | [10-Q](/filings/0001437749-26-026305.md) | Quarterly report, period 2026-06-30 | 0001437749-26-026305 | | 2026-07-28 | 10:39 ET | [DEF 14A](/filings/0001437749-26-024581.md) | Proxy statement, period 2026-09-22 | 0001437749-26-024581 | | 2026-06-11 | 16:54 ET | [8-K](/filings/0001437749-26-020332.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-020332 | | 2026-06-11 | 16:33 ET | [10-K](/filings/0001437749-26-020323.md) | Annual report, period 2026-03-31 | 0001437749-26-020323 | | 2026-03-17 | 14:42 ET | [8-K](/filings/0001437749-26-008573.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-008573 | | 2026-02-09 | 16:56 ET | [8-K](/filings/0001437749-26-003541.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-003541 | | 2026-02-09 | 16:35 ET | [10-Q](/filings/0001437749-26-003530.md) | Quarterly report, period 2025-12-31 | 0001437749-26-003530 | ## Latest annual report [Form 10-K for the fiscal year ended Mar 31, 2026](/filings/0001437749-26-020323.md), filed Jun 11, 2026. ## Forecast league Q2 FY2027, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/4f32b3b9-7e53-40ff-a9d9-9fcd930a1c05) ## About the filer - CIK: 39092 - Tickers: FRD - Exchange: Nasdaq - SIC code: 3310 Steel Works, Blast Furnaces & Rolling & Finishing Mills - State of incorporation: TX - Filer category: Accelerated filer
Smaller reporting company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:18 ET. No prices; not investment advice.