Nucor Corporation: Beat — EPS $5.80, Revenue $11.25B
Earnings BeatQ3 2026 · After-market
Did Nucor Corporation (NUE) beat earnings today?
Yes, Nucor Corporation (NUE) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+0.69% surprise
$5.80Actual
Expected: $5.76
vs. year ago +120.5%
Total Revenue+4.25% surprise
$11.25BActual
Expected: $10.79B
vs. year ago +32.0%
Released Oct 26 · 4:30 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $11.25B | $8.52B | +32.0 |
| Net Income | $1.32B | $607.00M | +117.3 |
| GAAP Basic EPS | $5.81 | $2.63 | +120.9 |
| GAAP Diluted EPS | $5.80 | $2.63 | +120.5 |
Business Highlights
- ➤Achieved the first heat at the West Virginia sheet mill in September.
- ➤Started up the second galvanizing line at Nucor Steel Berkeley.
- ➤Reported the safest summer in Nucor history.
- ➤Repurchased approximately 2.03 million shares during the third quarter.
- ➤Declared a $0.56 per-share cash dividend, payable November 10, 2026.
- ➤Marked its 214th consecutive quarterly cash dividend.
- ➤Operates steel and steel-products facilities across the United States, Canada and Mexico.
- ➤Nucor is North America's largest recycler.
Management Commentary
Leon Topalian, Chair and Chief Executive Officer
“I want to thank our teammates for delivering another strong quarter and making 2026 the safest summer in Nucor history. Supported by robust demand across key end markets, Nucor has generated approximately $2.7 billion of free cash flow and returned nearly $1.4 billion to shareholders through the first nine months of the year. We also achieved important milestones in advancing our growth strategy, including the first heat at our West Virginia sheet mill in September and the recent start-up of our second galvanizing line at Nucor Steel Berkeley. These projects, together with other recent investments, are expanding Nucor's capabilities and strengthening our position in attractive markets. With our diversified portfolio, strong balance sheet and disciplined approach to capital allocation, Nucor is well positioned to deliver long-term shareholder value.”