Worthington Industries, Inc. (WOR) Income Statement
WOR FY2026 at a glance
Fiscal year ended May 31, 2026 · U.S. dollarsWOR revenue and net income
Where WOR's revenue goes
FY2026Each bar shows an amount and its share of revenue. WOR kept 11.3% of revenue as net income.
WOR profit margins
WOR growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +19.7% | −0.9% | −15.3% | −6.9% |
| Gross profit | +18.9% | +3.7% | −8.2% | −2.4% |
| Operating income | +67.1% | +16.8% | −14.2% | −7.6% |
| Net income | +62.5% | −15.3% | −26.4% | +0.8% |
| EPS (diluted) | +8.8% | −16.9% | −8.8% | +2.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WOR quarterly EPS vs estimates
Worthington Industries beat the analyst EPS estimate in 6 of the last 8 quarters.
WOR income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.38B | $1.15B | $1.25B | $1.42B | $5.24B | $3.17B | $3.06B | $3.76B | $3.58B | $3.01B |
| Cost of revenue | $1.00B | $835.2M | $959.8M | $1.08B | $4.64B | $2.59B | $2.60B | $3.28B | $3.04B | $2.49B |
| Gross profit | $378.3M | $318.3M | $285.9M | $339.4M | $602.0M | $579.8M | $464.1M | $481.3M | $542.5M | $519.8M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $295.0M | $268.4M | $283.5M | $399.3M | $399.6M | $351.1M | $328.1M | $338.4M | $367.5M | $316.4M |
| Total operating expenses | $295.0M | $268.4M | $283.5M | $287.1M | $397.6M | $401.1M | $328.1M | $338.4M | $365.9M | $316.4M |
| Operating income | $83.3M | $49.9M | $2.4M | $52.3M | $204.4M | $178.7M | $136.0M | $142.9M | $176.6M | $203.4M |
| Interest income | — | $142.7M | $166.1M | $134.2M | $182.3M | $748.1M | $83.2M | $55.4M | $64.2M | $79.7M |
| Interest expense | $6.2M | $2.3M | $1.8M | $18.3M | $31.3M | $28.6M | $32.0M | $37.9M | $38.3M | $29.6M |
| Income before taxes | $201.3M | $128.8M | $74.0M | $160.3M | $514.3M | $917.7M | $110.8M | $206.5M | $209.1M | $297.1M |
| Income taxes | $46.3M | $33.8M | $39.0M | $34.5M | $115.0M | $176.3M | $26.3M | $43.2M | $8.2M | $79.2M |
| Net income | $156.1M | $96.1M | $110.6M | $256.5M | $379.4M | $723.8M | $78.8M | $153.5M | $194.8M | $204.5M |
| EBITDA | $140.6M | $179.4M | $156.5M | $291.4M | $644.4M | $1.03B | $235.5M | $340.0M | $350.7M | $413.5M |
| EPS (diluted) | $3.34 | $3.07 | $4.38 | $5.83 | $7.29 | $5.29 | $2.51 | $2.75 | $2.93 | $3.22 |
| Gross margin | 27.4% | 27.6% | 23.0% | 23.9% | 11.5% | 18.3% | 15.2% | 12.8% | 15.1% | 17.2% |
| Operating margin | 6.0% | 4.3% | 0.2% | 3.7% | 3.9% | 5.6% | 4.4% | 3.8% | 4.9% | 6.7% |
| Net margin | 11.3% | 8.3% | 8.9% | 18.1% | 7.2% | 22.8% | 2.6% | 4.1% | 5.4% | 6.8% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $343.9M | $371.5M | $378.7M | $327.5M | $303.7M | $317.9M | $304.5M | $274.0M | $257.3M | $318.8M | $316.8M | $298.2M |
| Cost of revenue | $253.0M | $269.6M | $269.2M | $242.8M | $222.1M | $225.2M | $215.6M | $200.0M | $194.5M | $240.7M | $245.3M | $233.9M |
| Gross profit | $90.9M | $101.9M | $109.5M | $84.6M | $81.6M | $92.7M | $88.9M | $74.0M | $62.8M | $78.1M | $71.5M | $64.3M |
| Sales, general & admin | $77.2M | $77.9M | $75.7M | $70.7M | $70.6M | $71.5M | $63.0M | $67.9M | $66.0M | $73.2M | $65.1M | $107.7M |
| Total operating expenses | $77.9M | $77.9M | $75.7M | $70.7M | $70.6M | $71.5M | $63.0M | $67.9M | $66.0M | $73.2M | $65.1M | $70.6M |
| Operating income | $13.0M | $24.0M | $33.7M | $13.9M | $11.0M | $21.2M | $25.9M | $6.1M | −$3.2M | $4.9M | $6.3M | −$6.3M |
| Interest income | — | — | $28.9M | $27.6M | $36.6M | $42.8M | $31.5M | $33.5M | — | — | — | — |
| Interest expense | $2.1M | $2.9M | $1.8M | $1.5M | $115,000 | $60,000 | $680,000 | $1.1M | $541,000 | $43,000 | $102,000 | $524,000 |
| Income before taxes | $55.6M | $59.8M | $60.1M | $35.8M | $45.7M | $8.3M | $52.6M | $37.1M | $30.8M | −$26.8M | $40.5M | $24.5M |
| Income taxes | $13.0M | $11.7M | $15.0M | $8.8M | $10.9M | $4.7M | $13.2M | $9.1M | $6.8M | $5.0M | $18.5M | $6.6M |
| Net income | $42.6M | $48.1M | $45.5M | $27.3M | $35.1M | $3.9M | $39.7M | $28.3M | $24.3M | −$31.8M | $22.0M | $24.3M |
| EBITDA | $73.3M | $39.8M | $76.5M | $51.0M | $58.9M | $20.9M | $65.2M | $50.1M | $43.2M | −$14.3M | $52.5M | $53.1M |
| EPS (diluted) | $0.82 | $0.97 | $0.98 | $0.65 | $0.74 | $1.06 | $0.91 | $0.60 | $0.50 | $0.74 | $0.80 | $0.78 |
| Gross margin | 26.4% | 27.4% | 28.9% | 25.8% | 26.9% | 29.2% | 29.2% | 27.0% | 24.4% | 24.5% | 22.6% | 21.6% |
| Operating margin | 3.8% | 6.4% | 8.9% | 4.2% | 3.6% | 6.7% | 8.5% | 2.2% | −1.3% | 1.5% | 2.0% | −2.1% |
| Net margin | 12.4% | 13.0% | 12.0% | 8.3% | 11.6% | 1.2% | 13.0% | 10.3% | 9.4% | −10.0% | 6.9% | 8.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WOR's financial statements (latest annual report filed July 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WOR financial results
In fiscal year 2026 (ended May 31, 2026), Worthington Industries reported revenue of $1.4 billion, up 19.7% from the year before. It had net income of $156.1 million (up 62.5%), a net profit margin of 11.3%. Diluted earnings per share came to $3.34. Over five years revenue grew at an average rate of −15.3% a year.
See the WOR stock overview for the latest quote and news, or the WOR chart for price history and technical indicators.
WOR income statement FAQ
What is Worthington Industries's annual revenue?
Worthington Industries reported total revenue of $1.4 billion for fiscal year 2026, which ended on May 31, 2026. That was up 19.7% from $1.2 billion the previous year.
Is Worthington Industries profitable?
Yes. Worthington Industries reported net income of $156.1 million in fiscal 2026, a net profit margin of 11.3%; its operating margin was 6.0%.
What is Worthington Industries's gross margin?
Worthington Industries's gross margin was 27.4% in fiscal 2026: for every $100 of revenue, Worthington Industries kept $27 after the direct cost of its products and services.
How fast is Worthington Industries growing?
Revenue grew −15.3% a year on average over the last five fiscal years, from $3.2 billion to $1.4 billion.
What are Worthington Industries's earnings per share?
Worthington Industries earned $3.34 per diluted share in fiscal 2026, compared with $3.07 a year earlier.
When does Worthington Industries's fiscal year end?
Worthington Industries's fiscal year ends in May. The latest annual report covers the year ended May 31, 2026 and was filed on July 30, 2026.