$NUE · NUCOR CORP
Nucor's 10-Q for the 13 weeks ended October 3, 2026 shows net sales of $11.249B, up 32.0% from $8.521B a year earlier. Net earnings attributable to Nucor stockholders were $1.319B ($5.80 diluted EPS) versus $607M ($2.63) in Q3 2025. Nine-month net sales reached $31.142B versus $24.807B, with nine-month net earnings of $3.218B versus $1.366B.
- Q3 net sales $11.249B, up 32.0% from $8.521B.
- Q3 diluted EPS $5.80 vs $2.63 a year ago.
- Nine-month net earnings $3.218B vs $1.366B.
- Cash provided by operating activities $4.522B for nine months, up from $2.435B.
- Steel Mills segment external sales $6.980B; Steel Products $3.509B; Raw Materials $760M.
Shares rose 3.76% to $258.62 in the regular session, consistent with a strong earnings beat on sharply higher revenue and EPS.
Nucor more than doubled year-over-year EPS on 32% revenue growth, signaling a strong steel-market upcycle.
The 32% revenue jump reflects stronger steel pricing and demand versus the prior-year period, a favorable backdrop for the broader steel sector.
Management flags competitive pressure on sales and pricing, import/substitute-material pressure, and sensitivity to prevailing steel prices and trade policy as key risks to forward results.