Friedman Industries Inc. (FRD) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1121 JUDSON RD LONGVIEW, TX 75601 |
| State of Incorp. | TX |
| Fiscal Year End | March 31 |
| Industry (SIC) | 331 - Steel Works, Blast Furnaces, And Rolling And Finishing Mills (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2025 Q2 | 6/30/2025 Q1 | 3/31/2025 Q4 | 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,099 | 3,686 | 1,075 | 2,473 | 4,146 | 2,891 | |||
| Cash and cash equivalent | 2,099 | 3,686 | 1,075 | 2,473 | 4,146 | 2,891 | |||
| Receivables | 50,717 | 47,476 | 31,727 | 39,620 | 37,755 | 47,329 | |||
| Inventory, net of allowances, customer advances and progress billings | 103,458 | 113,689 | 115,394 | 105,051 | 119,802 | 115,804 | |||
| Inventory | 103,458 | 113,689 | 115,394 | 105,051 | 119,802 | 115,804 | |||
| Derivative instruments and hedges, assets | 328 | 636 | 38 | 18 | 12 | 74 | |||
| Other current assets | 1,327 | 980 | 1,052 | 882 | 701 | 3,966 | |||
| Total current assets: | 157,929 | 166,467 | 149,286 | 148,044 | 162,416 | 170,064 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 391 | ||||||||
| Operating lease, right-of-use asset | 2,788 | 2,841 | 2,894 | 2,947 | 2,998 | 2,841 | |||
| Property, plant and equipment | 57,210 | 56,251 | 56,787 | 56,869 | 57,043 | 56,758 | |||
| Other noncurrent assets | 1,151 | 1,263 | 1,285 | ||||||
| Other undisclosed noncurrent assets | 916 | 333 | 356 | ||||||
| Total noncurrent assets: | 61,149 | 60,355 | 60,966 | 61,123 | 60,374 | 59,955 | |||
| TOTAL ASSETS: | 219,078 | 226,822 | 210,252 | 209,167 | 222,790 | 230,019 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 35,289 | 35,304 | 41,081 | 34,642 | 34,403 | 43,886 | |||
| Accrued liabilities | 5,105 | 2,733 | 1,185 | 1,723 | 4,354 | 8,481 | |||
| Other undisclosed accounts payable and accrued liabilities | 30,184 | 32,571 | 39,896 | 32,919 | 30,049 | 35,405 | |||
| Debt | 27 | 54 | |||||||
| Derivative instruments and hedges, liabilities | 82 | 287 | 10 | 1 | 16 | 1,686 | |||
| Other undisclosed current liabilities | 5,105 | 2,733 | 1,185 | 1,723 | 4,354 | 8,481 | |||
| Total current liabilities: | 40,476 | 38,324 | 42,276 | 36,366 | 38,800 | 54,107 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 33,039 | 47,728 | 32,509 | 35,857 | 46,087 | 40,293 | |||
| Long-term debt, excluding current maturities | 33,039 | 47,728 | 32,509 | 35,857 | 46,087 | 40,293 | |||
| Liabilities, other than long-term debt | 8,283 | 8,345 | 8,138 | 8,180 | 8,216 | 8,144 | |||
| Deferred income tax liabilities | 5,452 | 5,478 | 5,232 | 5,239 | 5,247 | 5,257 | |||
| Liability, pension and other postretirement and postemployment benefits | 118 | 115 | 116 | 113 | 106 | 105 | |||
| Operating lease, liability | 2,713 | 2,752 | 2,790 | 2,828 | 2,863 | 2,782 | |||
| Business combination, contingent consideration, liability | |||||||||
| Total noncurrent liabilities: | 41,322 | 56,073 | 40,647 | 44,037 | 54,303 | 48,437 | |||
| Total liabilities: | 81,798 | 94,397 | 82,923 | 80,403 | 93,103 | 102,544 | |||
| Equity | |||||||||
| Equity, attributable to parent | 137,280 | 132,425 | 127,329 | 128,764 | 129,687 | 127,475 | |||
| Common stock | 8,967 | 8,877 | 8,873 | 8,873 | 8,873 | 8,873 | |||
| Treasury stock, value | (13,110) | (13,100) | (13,100) | (13,063) | (13,052) | (12,929) | |||
| Additional paid in capital | 35,427 | 35,394 | 35,368 | 35,336 | 35,294 | 35,247 | |||
| Retained earnings | 105,996 | 101,254 | 96,188 | 97,618 | 98,572 | 96,284 | |||
| Total equity: | 137,280 | 132,425 | 127,329 | 128,764 | 129,687 | 127,475 | |||
| TOTAL LIABILITIES AND EQUITY: | 219,078 | 226,822 | 210,252 | 209,167 | 222,790 | 230,019 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2025 Q2 | 6/30/2025 Q1 | 3/31/2025 Q4 | 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 134,777 | 60,581 | 94,074 | 106,759 | 114,551 | 92,895 | ||
| Cost of revenue | (127,734) | (90,388) | (91,297) | (102,003) | (110,643) | (73,749) | ||
| Cost of product and service sold | (127,734) | (90,388) | ||||||
| Gross profit: | 7,043 | (29,807) | 2,777 | 4,756 | 3,908 | 19,147 | ||
| Operating expenses | (6,302) | (4,197) | (4,339) | (4,980) | (5,306) | (8,448) | ||
| Other undisclosed operating income | 6,302 | 19,462 | 375 | |||||
| Operating income (loss): | 7,043 | (14,542) | (1,187) | (224) | (1,398) | 10,699 | ||
| Nonoperating income (expense) | 4 | (12) | 3 | (3) | 3 | (7,330) | ||
| Investment income, nonoperating | (103) | 1,608 | (1,290) | |||||
| Other nonoperating income | 4 | |||||||
| Interest and debt expense | 678 | 818 | 1,495 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 7,725 | (13,736) | (1,184) | (227) | (1,395) | 4,865 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (1,080) | 5,256 | (368) | (675) | 4,694 | (1,221) | ||
| Income (loss) from continuing operations before income taxes: | 6,645 | (8,480) | (1,552) | (902) | 3,299 | 3,644 | ||
| Income tax expense (benefit) | (1,617) | 2,178 | 400 | 227 | (732) | (1,330) | ||
| Net income (loss) attributable to parent: | 5,028 | (6,302) | (1,152) | (675) | 2,567 | 2,314 | ||
| Other undisclosed net income (loss) available to common stockholders, basic | (67) | 110 | (1) | (1) | (11) | 63 | ||
| Net income (loss) available to common stockholders, basic: | 4,961 | (6,192) | (1,153) | (676) | 2,556 | 2,377 | ||
| Dilutive securities, effect on basic earnings per share | (67) | 110 | (1) | (1) | (11) | 63 | ||
| Net income (loss) available to common stockholders, diluted: | 4,894 | (6,082) | (1,154) | (677) | 2,545 | 2,441 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2025 Q2 | 6/30/2025 Q1 | 3/31/2025 Q4 | 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 5,028 | (6,302) | (1,152) | (675) | 2,567 | 2,314 | ||
| Comprehensive income (loss): | 5,028 | (6,302) | (1,152) | (675) | 2,567 | 2,314 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (317) | (9,105) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 5,028 | (6,619) | (1,152) | (675) | 2,567 | (6,791) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.