Nucor Corporation (NUE) Income Statement
NUE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNUE revenue and net income
Where NUE's revenue goes
2025Each bar shows an amount and its share of revenue. NUE kept 5.4% of revenue as net income.
NUE profit margins
NUE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.7% | −7.8% | +10.0% | +7.1% |
| Gross profit | −5.5% | −32.3% | +11.7% | +13.3% |
| Operating income | −10.7% | −36.7% | +10.5% | +15.0% |
| Net income | −14.0% | −38.8% | +19.4% | +17.2% |
| EPS (diluted) | −12.1% | −35.3% | +12.3% | +16.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NUE quarterly EPS vs estimates
Nucor beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 26, 2026 (estimate $5.71).
NUE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $32.49B | $30.73B | $34.71B | $41.51B | $36.48B | $20.14B | $22.59B | $25.07B | $20.25B | $16.21B |
| Cost of revenue | $28.62B | $26.63B | $26.90B | $29.01B | $25.46B | $17.91B | $19.91B | $20.77B | $17.68B | $14.18B |
| Gross profit | $3.88B | $4.10B | $7.82B | $12.50B | $11.03B | $2.23B | $2.68B | $4.30B | $2.57B | $2.03B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $1.22B | $1.12B | $1.65B | $2.00B | $1.71B | $615.0M | $711.2M | $860.7M | $687.5M | $596.8M |
| Total operating expenses | $1.22B | $1.12B | $1.58B | $2.00B | $1.71B | $615.0M | $711.2M | $860.7M | $687.5M | $596.8M |
| Operating income | $2.66B | $2.98B | $6.23B | $10.51B | $9.32B | $1.61B | $1.97B | $3.43B | $1.88B | $1.43B |
| Interest income | $111.0M | $258.0M | $275.6M | $159.5M | $55.8M | $163.7M | $35.9M | $25.7M | $13.7M | $11.9M |
| Interest expense | $170.0M | $228.0M | $246.0M | $218.9M | $163.1M | $166.6M | $161.3M | $161.3M | $187.3M | $181.2M |
| Income before taxes | $2.57B | $2.90B | $6.27B | $10.24B | $9.20B | $835.5M | $1.78B | $3.23B | $1.75B | $1.30B |
| Income taxes | $530.0M | $583.0M | $1.36B | $2.17B | $2.08B | −$490,000 | $411.9M | $748.3M | $369.4M | $398.2M |
| Net income | $1.74B | $2.03B | $4.52B | $7.61B | $6.83B | $719.3M | $1.27B | $2.36B | $1.32B | $796.3M |
| EBITDA | $4.22B | $4.49B | $7.69B | $11.57B | $10.23B | $1.79B | $2.68B | $4.11B | $2.66B | $2.17B |
| EPS (diluted) | $7.78 | $8.85 | $17.99 | $28.73 | $23.65 | $4.36 | $4.23 | $7.64 | $3.57 | $2.26 |
| Gross margin | 11.9% | 13.3% | 22.5% | 30.1% | 30.2% | 11.1% | 11.9% | 17.1% | 12.7% | 12.5% |
| Operating margin | 8.2% | 9.7% | 17.9% | 25.3% | 25.5% | 8.0% | 8.7% | 13.7% | 9.3% | 8.8% |
| Net margin | 5.4% | 6.6% | 13.0% | 18.3% | 18.7% | 3.6% | 5.6% | 9.4% | 6.5% | 4.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.40B | $9.50B | $7.69B | $8.52B | $8.46B | $7.83B | $7.08B | $7.44B | $8.08B | $8.14B | $7.70B | $8.78B |
| Cost of revenue | $8.36B | $8.00B | $6.83B | $7.33B | $7.23B | $7.22B | $6.45B | $6.69B | $6.88B | $6.61B | $6.31B | $6.85B |
| Gross profit | $2.03B | $1.50B | $862.0M | $1.19B | $1.22B | $605.0M | $626.8M | $758.0M | $1.19B | $1.52B | $1.39B | $1.92B |
| Sales, general & admin | $405.0M | $378.0M | $334.0M | $300.0M | $304.0M | $281.0M | $239.9M | $244.7M | $307.2M | $345.4M | $355.0M | $385.8M |
| Total operating expenses | $405.0M | $378.0M | $334.0M | $300.0M | $304.0M | $281.0M | $239.9M | $244.0M | $294.0M | $345.0M | $355.0M | $386.7M |
| Operating income | $1.63B | $1.12B | $528.0M | $888.0M | $919.0M | $324.0M | $387.0M | $514.0M | $900.0M | $1.18B | $1.04B | $1.53B |
| Interest income | $24.0M | $20.0M | $21.0M | $23.0M | $9.0M | $37.0M | $49.5M | $58.1M | $69.2M | $81.3M | — | $13.1M |
| Interest expense | $36.0M | $39.0M | $32.0M | $38.0M | $49.0M | $51.0M | $52.3M | $65.0M | $67.0M | $43.0M | $59.2M | $63.3M |
| Income before taxes | $1.62B | $1.10B | $501.0M | $883.0M | $899.0M | $285.0M | $390.2M | $389.0M | $898.0M | $1.23B | $1.08B | $1.55B |
| Income taxes | $345.0M | $226.0M | $78.0M | $200.0M | $193.0M | $59.0M | $45.0M | $86.0M | $186.0M | $266.4M | $205.3M | $326.8M |
| Net income | $1.16B | $743.0M | $378.0M | $607.0M | $603.0M | $156.0M | $287.0M | $250.0M | $645.2M | $844.8M | $785.4M | $1.14B |
| EBITDA | $2.04B | $1.52B | $912.0M | $1.29B | $1.31B | $704.0M | $800.6M | $804.0M | $1.30B | $1.58B | $1.64B | $1.71B |
| EPS (diluted) | $4.84 | $3.23 | $1.73 | $2.63 | $2.65 | $0.77 | $1.22 | $1.49 | $2.68 | $3.46 | $3.16 | $4.57 |
| Gross margin | 19.6% | 15.8% | 11.2% | 13.9% | 14.5% | 7.7% | 8.9% | 10.2% | 14.8% | 18.7% | 18.1% | 21.9% |
| Operating margin | 15.7% | 11.8% | 6.9% | 10.4% | 10.9% | 4.1% | 5.5% | 6.9% | 11.1% | 14.5% | 13.5% | 17.5% |
| Net margin | 11.1% | 7.8% | 4.9% | 7.1% | 7.1% | 2.0% | 4.1% | 3.4% | 8.0% | 10.4% | 10.2% | 13.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NUE's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NUE financial results
In fiscal year 2025 (ended December 31, 2025), Nucor reported revenue of $32.5 billion, up 5.7% from the year before. It had net income of $1.7 billion (down 14.0%), a net profit margin of 5.4%. Diluted earnings per share came to $7.78. Over five years revenue grew at an average rate of 10.0% a year.
See the NUE stock overview for the latest quote and news, or the NUE chart for price history and technical indicators.
NUE income statement FAQ
What is Nucor's annual revenue?
Nucor reported total revenue of $32.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.7% from $30.7 billion the previous year.
Is Nucor profitable?
Yes. Nucor reported net income of $1.7 billion in fiscal 2025, a net profit margin of 5.4%; its operating margin was 8.2%.
What is Nucor's gross margin?
Nucor's gross margin was 11.9% in fiscal 2025: for every $100 of revenue, Nucor kept $12 after the direct cost of its products and services.
How fast is Nucor growing?
Revenue grew 10.0% a year on average over the last five fiscal years, from $20.1 billion to $32.5 billion.
What are Nucor's earnings per share?
Nucor earned $7.78 per diluted share in fiscal 2025, compared with $8.85 a year earlier.
When will Nucor report its next earnings?
Nucor is expected to report results for the quarter ending September 30, 2026 on October 26, 2026 after the market closes.
When does Nucor's fiscal year end?
Nucor's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.