COMMERCIAL METALS CoCMCEarnings & Financial Report
Commercial Metals Company (CMC) is a company that produces rebar and related construction materials headquartered in Irving, Texas. Along with Nucor, it is one of two primary suppliers of steel used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S. The company also owns Tensar, a producer of foundation systems used for the construction of roadways, public infrastructure, and industrial facilities.
CMC Q1 FY2026 Key Financial Metrics
Revenue
$2.1B
Gross Profit
$407.1M
Operating Profit
$182.9M
Net Profit
$177.3M
Gross Margin
19.2%
Operating Margin
8.6%
Net Margin
8.4%
YoY Growth
11.0%
EPS
$1.58
COMMERCIAL METALS Co Q1 FY2026 Financial Summary
COMMERCIAL METALS Co reported revenue of $2.1B (up 11.0% YoY) for Q1 FY2026, with a net profit of $177.3M (up 200.9% YoY) (8.4% margin). Cost of goods sold was $1.7B, operating expenses totaled $224.2M.
Key Financial Metrics
| Total Revenue | $2.1B |
|---|---|
| Net Profit | $177.3M |
| Gross Margin | 19.2% |
| Operating Margin | 8.6% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
COMMERCIAL METALS Co Q1 FY2026 revenue of $2.1B breaks down across 9 segments, led by Steel Products at $670.8M (31.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Steel Products | $670.8M | 31.6% |
| Downstream Products | $505.3M | 23.8% |
| Construction Solutions Group | $314.4M | 14.8% |
| Europe Steel Group | $200.0M | 9.4% |
| Precast Products | $141.6M | 6.7% |
| Construction Products | $78.4M | 3.7% |
| Foley Products Company LLC | $75.1M | 3.5% |
| Concrete Pipe And Precast LLC | $69.4M | 3.3% |
| Ground Stabilization Products | $49.9M | 2.4% |
COMMERCIAL METALS Co Revenue by Segment — Quarterly Trend
COMMERCIAL METALS Co revenue by segment across the last 4 reported quarters, showing how each business line (such as Steel Products and Downstream Products) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Steel Products | $670.8M | $679.8M | $666.3M | $592.5M |
| Downstream Products | $505.3M | $531.1M | $506.6M | $428.5M |
| Construction Solutions Group | $314.4M | — | — | — |
| Europe Steel Group | $200.0M | — | — | — |
| Precast Products | $141.6M | — | — | — |
COMMERCIAL METALS Co Annual Revenue by Year
COMMERCIAL METALS Co annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.8B).
COMMERCIAL METALS Co Quarterly Revenue & Net Profit History
COMMERCIAL METALS Co results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.1B | +11.0% | $177.3M | 8.4% |
| Q4 FY2025 | $2.1B | +5.9% | $151.8M | 7.2% |
| Q3 FY2025 | $2.0B | -2.8% | $83.1M | 4.1% |
| Q2 FY2025 | $1.8B | -5.1% | $25.5M | 1.5% |
| Q1 FY2025 | $1.9B | -4.7% | $-175.7M | -9.2% |
| Q4 FY2024 | $2.0B | -9.6% | $103.9M | 5.2% |
| Q3 FY2024 | $2.1B | -11.4% | $119.4M | 5.7% |
| Q2 FY2024 | $1.8B | -8.4% | $85.8M | 4.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.85B | $2.08B | $2.00B | $1.91B | $1.75B | $2.02B | $2.11B | $2.12B |
| YoY Growth | -8.4% | -11.4% | -9.6% | -4.7% | -5.1% | -2.8% | 5.9% | 11.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.66B | $6.71B | $6.82B | $6.77B | $6.69B | $6.99B | $7.17B | $9.24B |
| Liabilities | $2.44B | $2.45B | $2.52B | $2.76B | $2.68B | $2.90B | $2.98B | $4.93B |
| Equity | $4.22B | $4.26B | $4.30B | $4.02B | $4.01B | $4.10B | $4.19B | $4.31B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $89.0M | $197.9M | $351.8M | $213.0M | $32.4M | $154.4M | $315.2M | $204.2M |