The financials
Commercial Metals Company by the numbers
Commercial Metals Company (CMC) reported revenue of $2.48B in Q3 2026 (quarter ended May 31, 2026), up 23% from the same quarter a year earlier. That came with a gross margin of 18% and net income of $173M (7.0% of revenue). For the full year FY2025, revenue was $7.80B (−1.6% year on year) and net income $85M. Its largest product in 2026-Q2 was Steel Products at $716M, 40% of the disclosed total, just ahead of Downstream Products at 32%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $2.48B | $2.02B | +23% |
| Gross profit | $455M | $300M | +52% |
| Operating income | $189M | $110M | +72% |
| Net income | $173M | $83M | +108% |
| Diluted EPS | $1.55 | $0.73 | +112% |
| Product | Revenue | Share |
|---|---|---|
| Steel Products | $716M | 40% |
| Downstream Products | $564M | 32% |
| Raw Material Products | $453M | 25% |
| Other Product | $56M | 3.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.79B (+11%)
Raw Material Products grew +37% year on yearOther Product -3.7% year on year
Segment Latestquarter on quarteryear on year
- Steel Products$715.8M$715.8MQoQ +6.7%year on year +7.4%+6.7%+7.4%
- Downstream Products$564.2M$564.2MQoQ +12%year on year +11%+12%+11%
- Raw Material Products$453.2M$453.2MQoQ +27%year on year +37%+27%+37%
- Other Product$56.1M$56.1MQoQ -25%year on year -3.7%-25%-3.7%
- Construction Products$0.00$0.00QoQ -year on year ---
- Ground Stabilization Products$0.00$0.00QoQ -year on year ---
- Precast Products$0.00$0.00QoQ -year on year ---