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

- Company: WORTHINGTON STEEL, INC. (WS)
- Period: 2026-06-01 to 2026-08-31
- Filing: Q1 FY2027 10-Q, filed 2026-10-13, accession number 0001968487-26-000036
- Page: https://plicit.ai/financials/ws/fy2027-q1-income-statement
- Chart image: https://plicit.ai/charts/ws-fy2027-q1-income-statement-sankey.png

## Chart details: Revenue by Business Segment by Product and Service

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.