WORTHINGTON STEEL, INC. (WS) FY2027 Q1 P&L / Income Statement

WORTHINGTON STEEL, INC. (WS) FY2027 Q1 P&L / Income Statement

Income statement for 2026-06-01 through 2026-08-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

2,726,600,000 US dollars

Cost of goods sold

2,465,400,000 US dollars

Gross margin

261,200,000 US dollars

Operating expenses (calculated)

205,200,000 US dollars

Operating income

56,000,000 US dollars

Other income (expense), net (calculated)

negative 44,000,000 US dollars

Earnings before income taxes

12,000,000 US dollars

Income tax expense

12,100,000 US dollars

Net earnings (loss)

negative 5,000,000 US dollars

Steel Processing - Direct

2,684,500,000 US dollars

Steel Processing - Toll

42,100,000 US dollars

Selling, general and administrative expense

208,800,000 US dollars

Restructuring and other (income) expense, net

negative 3,600,000 US dollars

Net loss from discontinued operations

negative 4,900,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
• Of which attributable to WORTHINGTON STEEL, INC.: −$10.00 M; to noncontrolling interests: $5.00 M.